Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Nanjing Kangni Mechanical & Electrical Co Change In Inventory?

Nanjing Kangni Mechanical & Electrical Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Nanjing Kangni Mechanical & Electrical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Nanjing Kangni Mechanical & Electrical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-17 Mil. It means Nanjing Kangni Mechanical & Electrical Co's inventory increased by ¥17 Mil from Dec. 2022 to Dec. 2023 .

Nanjing Kangni Mechanical & Electrical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥652 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing Kangni Mechanical & Electrical Co's Days Inventory for the quarter that ended in Mar. 2024 was 116.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanjing Kangni Mechanical & Electrical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.

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. Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.

Nanjing Kangni Mechanical & Electrical Co Change In Inventory Historical Data

The historical data trend for Nanjing Kangni Mechanical & Electrical 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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Nanjing Kangni Mechanical & Electrical Co Change In Inventory Chart

Nanjing Kangni Mechanical & Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-67.38

195.75

68.40

-24.43

-17.27

Nanjing Kangni Mechanical & Electrical 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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Nanjing Kangni Mechanical & Electrical 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.

Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Change In Inventory Explanation

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

Nanjing Kangni Mechanical & Electrical 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
	=	623.867	/	487.91	*	365 / 4
	=	116.68

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

Nanjing Kangni Mechanical & Electrical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	487.91	/	623.867
	=	0.78

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.

Nanjing Kangni Mechanical & Electrical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	623.867	/	725.267
	=	0.86

Nanjing Kangni Mechanical & Electrical Co Change In Inventory Related Terms

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Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nanjing Kangni Mechanical & Electrical Co Ltd (SHSE:603111) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

19, Hengda Road, Economic and Technological Development Zone, Nanjing, CHN, 210038

Website

http://www.kn-nanjing.com

Nanjing Kangni Mechanical & Electrical Co Ltd IS engaged in the research and development, manufacturing and maintenance of railway vehicle door system. It has cooperated with major car builders such as Bombardier, Alstom, and Siemens to sell products all over the world, including France, Canada, Turkey, Singapore, Argentina, America, Saudi Arabia and Brazil. It also provides other a full suite of related products such as interior fittings, power connectors, platform screen doors, new energy products for automobile industry and precision machining equipment.

Executives

Liao Liang Mao	Director
Li Hong	senior management
Xu Qing	senior management
Chen Lei	senior management
Wang Ya Dong	senior management
Zhang Jin Xiong	Supervisors
Xu Guan Nan	senior management
Tang Wei Hua	senior management
Liu Wen Ping	Director
Gu Mei Hua	senior management
Gao Wen Ming	Director
Zhu Wei Dong	senior management
Shi Xiang	senior management
Chen Ying Qi	Director

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