Jiuzi Holdings (Jiuzi Holdings) Change In Inventory : $-0.39 Mil (TTM As of Oct. 2023)

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What is Jiuzi Holdings Change In Inventory?

Jiuzi Holdings's change in inventory for the quarter that ended in Oct. 2023 was $-0.56 Mil. It means Jiuzi Holdings's inventory increased by $0.56 Mil from Apr. 2023 to Oct. 2023 .

Jiuzi Holdings's change in inventory for the fiscal year that ended in Oct. 2023 was $-0.39 Mil. It means Jiuzi Holdings's inventory increased by $0.39 Mil from Oct. 2022 to Oct. 2023 .

Jiuzi Holdings's Total Inventories for the quarter that ended in Oct. 2023 was $0.96 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiuzi Holdings's Days Inventory for the quarter that ended in Oct. 2023 was 36.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiuzi Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 was 5.06.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Jiuzi Holdings's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.14.

Jiuzi Holdings Change In Inventory Historical Data

The historical data trend for Jiuzi Holdings's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jiuzi Holdings Change In Inventory Chart

Jiuzi Holdings Annual Data

Trend

Oct18

Oct19

Oct20

Apr21

Oct22

Oct23

Change In Inventory

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0.11

0.07

0.03

-0.44

-0.39

Jiuzi Holdings Semi-Annual Data
	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Inventory	Get a 7-Day Free Trial						-	-1.38	0.94	0.18	-0.56

Jiuzi Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.39 Mil.

Jiuzi Holdings (NAS:JZXN) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jiuzi Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.723	/	3.656	*	365 / 2
	=	36.09

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Jiuzi Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.656	/	0.723
	=	5.06

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Jiuzi Holdings's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.723	/	5.005
	=	0.14

Jiuzi Holdings Change In Inventory Related Terms

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Jiuzi Holdings (Jiuzi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiuzi Holdings Inc (NAS:JZXN) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000

Website

http://m.zjjzxny.cn

Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and Franchisees service. The company generates a majority of its revenue from NEVs segment. Geographically, the firm operates in China.