New China Life Insurance Co (SHSE:601336) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is New China Life Insurance Co Change In Inventory?

New China Life Insurance Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means New China Life Insurance Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

New China Life Insurance Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥0 Mil. It means New China Life Insurance Co's inventory stayed the same from Dec. 2022 to Dec. 2023 .

New China Life Insurance Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥0 Mil.

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

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

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. New China Life Insurance Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

New China Life Insurance Co Change In Inventory Historical Data

The historical data trend for New China Life Insurance 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.

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New China Life Insurance Co Change In Inventory Chart

New China Life Insurance Co Annual Data

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Change In Inventory

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New China Life Insurance Co Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

New China Life Insurance 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.

New China Life Insurance Co (SHSE:601336) Change In Inventory Explanation

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

New China Life Insurance 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
	=	0	/	0	*	365 / 4
	=	N/A

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

New China Life Insurance Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

New China Life Insurance Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	26495
	=	0.00

New China Life Insurance Co Change In Inventory Related Terms

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New China Life Insurance Co (SHSE:601336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (SHSE:601336) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NWWCF:USA 01336:Hong Kong NCL:Germany

Address

A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022

Website

https://www.newchinalife.com

Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).

Executives

Kang Dian	senior management
Zhu Nan Song	Supervisors

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