MeiHua Holdings Group Co (SHSE:600873) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is MeiHua Holdings Group Co Change In Inventory?

MeiHua Holdings Group Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means MeiHua Holdings Group Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

MeiHua Holdings Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥1,129 Mil. It means MeiHua Holdings Group Co's inventory declined by ¥1,129 Mil from Dec. 2022 to Dec. 2023 .

MeiHua Holdings Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥3,170 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MeiHua Holdings Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 53.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. MeiHua Holdings Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.72.

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. MeiHua Holdings Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

MeiHua Holdings Group Co Change In Inventory Historical Data

The historical data trend for MeiHua Holdings Group Co'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.

* Premium members only.

MeiHua Holdings Group Co Change In Inventory Chart

MeiHua Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-279.15

-97.49

-775.37

-1,109.06

1,128.65

MeiHua Holdings Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MeiHua Holdings Group Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

MeiHua Holdings Group Co (SHSE:600873) Change In Inventory Explanation

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

MeiHua Holdings Group Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3046.4405	/	5232.609	*	365 / 4
	=	53.13

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

MeiHua Holdings Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5232.609	/	3046.4405
	=	1.72

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.

MeiHua Holdings Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3046.4405	/	6486.56
	=	0.47

MeiHua Holdings Group Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of MeiHua Holdings Group Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

MeiHua Holdings Group Co (SHSE:600873) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MeiHua Holdings Group Co Ltd (SHSE:600873) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.66 Huaxiang Road, Economic and Technical Development Area, Hebei Province, Langfang, CHN, 065001

Website

http://www.meihuagrp.com

MeiHua Holdings Group Co Ltd is a China-based supplier of amino acid nutrition and health solution. Its products include Food additives, condiment, colloid, Amino acids, capsule, fertilizer and among others. It has professional amino acid detection and analysis center within China.

Executives

Chang Li Bin	Supervisors
He Jun	Directors, senior managers
Wang You	senior management
Wang Ai Jun	Director
Liu Xian Fang	senior management
Wang Li Hong	senior management
Liang Yu Bo	Directors, senior managers
Wang Wei	senior management

MeiHua Holdings Group Co (SHSE:600873) Headlines

No Headlines