Micro-Tech (Nanjing) Co (SHSE:688029) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Micro-Tech (Nanjing) Co Change In Inventory?

Micro-Tech (Nanjing) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Micro-Tech (Nanjing) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Micro-Tech (Nanjing) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥22 Mil. It means Micro-Tech (Nanjing) Co's inventory declined by ¥22 Mil from Dec. 2022 to Dec. 2023 .

Micro-Tech (Nanjing) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥517 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Micro-Tech (Nanjing) Co's Days Inventory for the quarter that ended in Mar. 2024 was 241.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Micro-Tech (Nanjing) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

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. Micro-Tech (Nanjing) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.84.

Micro-Tech (Nanjing) Co Change In Inventory Historical Data

The historical data trend for Micro-Tech (Nanjing) 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.

Micro-Tech (Nanjing) Co Change In Inventory Chart

Micro-Tech (Nanjing) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-82.90

-13.72

-199.96

-195.06

21.80

Micro-Tech (Nanjing) 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															-	-	-	-	-

Micro-Tech (Nanjing) 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.

Micro-Tech (Nanjing) Co (SHSE:688029) Change In Inventory Explanation

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

Micro-Tech (Nanjing) 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
	=	519.492	/	196.485	*	365 / 4
	=	241.26

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

Micro-Tech (Nanjing) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	196.485	/	519.492
	=	0.38

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.

Micro-Tech (Nanjing) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	519.492	/	620.079
	=	0.84

Micro-Tech (Nanjing) Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Micro-Tech (Nanjing) Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Micro-Tech (Nanjing) Co (SHSE:688029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Micro-Tech (Nanjing) Co Ltd (SHSE:688029) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.10, Gaoke 3rd Road, High-tech Development Zone, Jiangsu, Nanjing, CHN, 210032

Website

http://www.micro-tech.com.cn

Micro-Tech (Nanjing) Co Ltd is primarily engaged in the manufacturing and sale of non-vascular stents and disposable biopsy forceps.

Executives

Leng De Rong	Directors, senior managers
Zhang Bo	Director
Liu Chun Jun	senior management
Zhang Feng	senior management
Pan Zhang Wang	Core technical personnel
Li Ning	Core technical personnel
Wei Jian Yu	Core technical personnel
Long Xiao Hui	Director
Rui Chen Wei	senior management
Chen Feng Jiang	senior management
Gong Xing Liang	Director

Micro-Tech (Nanjing) Co (SHSE:688029) Headlines

No Headlines