Beijing Cuiwei Tower Co (SHSE:603123) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Beijing Cuiwei Tower Co Change In Inventory?

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

Beijing Cuiwei Tower Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥105 Mil. It means Beijing Cuiwei Tower Co's inventory declined by ¥105 Mil from Dec. 2022 to Dec. 2023 .

Beijing Cuiwei Tower Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥97 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Cuiwei Tower Co's Days Inventory for the quarter that ended in Mar. 2024 was 17.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Cuiwei Tower Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.15.

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. Beijing Cuiwei Tower Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Beijing Cuiwei Tower Co Change In Inventory Historical Data

The historical data trend for Beijing Cuiwei Tower 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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Beijing Cuiwei Tower Co Change In Inventory Chart

Beijing Cuiwei Tower Co Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Change In Inventory

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8.93

-150.74

44.63

45.09

104.68

Beijing Cuiwei Tower 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															-	-	-	-	-

Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co (SHSE:603123) Change In Inventory Explanation

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

Beijing Cuiwei Tower 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
	=	95.42	/	491.151	*	365 / 4
	=	17.73

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

Beijing Cuiwei Tower Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	491.151	/	95.42
	=	5.15

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.

Beijing Cuiwei Tower Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.42	/	627.456
	=	0.15

Beijing Cuiwei Tower Co Change In Inventory Related Terms

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Beijing Cuiwei Tower Co (SHSE:603123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Beijing Cuiwei Tower Co Ltd (SHSE:603123) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 33, Fuxing Road, Haidian District, Beijing, CHN, 100036

Website

http://www.cwjt.com

Beijing Cuiwei Tower Co Ltd is engaged in department stores retail business. Its retailing products mainly include cosmetics, household appliances, and supermarket products. The company has three major commercial brands, namely Cuiwei Department Store, Contemporary Mall and Ganjiakou Department Store, and seven large department stores, which integrates department store, supermarket, catering, leisure and entertainment, and other urban quality life services.

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