Ningbonxing Medical Electric Co (SHSE:601567) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Ningbonxing Medical Electric Co Change In Inventory?

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

Ningbonxing Medical Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1,451 Mil. It means Ningbonxing Medical Electric Co's inventory increased by ¥1,451 Mil from Dec. 2022 to Dec. 2023 .

Ningbonxing Medical Electric Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥3,201 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbonxing Medical Electric Co's Days Inventory for the quarter that ended in Mar. 2024 was 141.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbonxing Medical Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.

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. Ningbonxing Medical Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.07.

Ningbonxing Medical Electric Co Change In Inventory Historical Data

The historical data trend for Ningbonxing Medical Electric 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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Ningbonxing Medical Electric Co Change In Inventory Chart

Ningbonxing Medical Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-70.65

40.77

-508.81

-648.41

-1,451.47

Ningbonxing Medical Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric Co (SHSE:601567) Change In Inventory Explanation

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

Ningbonxing Medical Electric 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
	=	3228.885	/	2080.948	*	365 / 4
	=	141.59

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

Ningbonxing Medical Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2080.948	/	3228.885
	=	0.64

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.

Ningbonxing Medical Electric Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3228.885	/	3024.789
	=	1.07

Ningbonxing Medical Electric Co Change In Inventory Related Terms

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Ningbonxing Medical Electric Co (SHSE:601567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Sanxing Medical Electric Co Ltd (SHSE:601567) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.17 Fenglin Road, Cicheng Tow, Jiangbei District, Ningbo, CHN, 315034

Website

http://www.sanxing.com

Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices and others. Geographically the firm operated through China however its business presence is also seen internationally.

Executives

Zheng Jian Jiang	Director
Guo Su	Directors, senior managers
Shen Guo Ying	Directors, senior managers
Zheng Jun Da	Supervisors
Mou Xi Lei	Directors, senior managers
Xin Ning	Director
Liang Song Luan	senior management
Fu Guo Yi	Supervisors
Li Wei Qing	Director

Ningbonxing Medical Electric Co (SHSE:601567) Headlines

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