Wetown Electric Group Co (SHSE:688226) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Wetown Electric Group Co Change In Inventory?

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

Wetown Electric Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-142 Mil. It means Wetown Electric Group Co's inventory increased by ¥142 Mil from Dec. 2022 to Dec. 2023 .

Wetown Electric Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥377 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wetown Electric Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 46.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wetown Electric Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.96.

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. Wetown Electric Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Wetown Electric Group Co Change In Inventory Historical Data

The historical data trend for Wetown Electric Group 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.

Wetown Electric Group Co Change In Inventory Chart

Wetown Electric Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

39.85

-40.11

-28.98

-12.99

-141.60

Wetown Electric Group Co Quarterly Data
	Dec17	Dec18	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															-	-	-	-	-

Wetown Electric Group 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.

Wetown Electric Group Co (SHSE:688226) Change In Inventory Explanation

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

Wetown Electric Group 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
	=	332.0045	/	650.782	*	365 / 4
	=	46.55

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	650.782	/	332.0045
	=	1.96

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	332.0045	/	794.937
	=	0.42

Wetown Electric Group Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Wetown Electric Group Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Wetown Electric Group Co (SHSE:688226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wetown Electric Group Co Ltd (SHSE:688226) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 1, Nanzi Road, Xinba Science and Technology Park, Jiangsu Province, Yangzhong, CHN, 212200

Website

https://www.wetown.com.cn

Wetown Electric Group Co Ltd is engaged in the development and manufacturing of electrical products. it offers product such as high and low voltage busbars; complete sets of electrical and intelligent components; copper and aluminum materials and tinned copper tape; bridges and hangers and others.

Wetown Electric Group Co (SHSE:688226) Headlines

No Headlines