IEIT Systems Co (SZSE:000977) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is IEIT Systems Co Change In Inventory?

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

IEIT Systems Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-4,121 Mil. It means IEIT Systems Co's inventory increased by ¥4,121 Mil from Dec. 2022 to Dec. 2023 .

IEIT Systems Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥24,290 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IEIT Systems Co's Days Inventory for the quarter that ended in Mar. 2024 was 122.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. IEIT Systems Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.

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. IEIT Systems Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

IEIT Systems Co Change In Inventory Historical Data

The historical data trend for IEIT Systems 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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IEIT Systems Co Change In Inventory Chart

IEIT Systems Co Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-479.43

-2,820.45

-12,120.49

7,028.69

-4,121.43

IEIT Systems 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															-	-	-	-	-

IEIT Systems 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.

IEIT Systems Co (SZSE:000977) Change In Inventory Explanation

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

IEIT Systems 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
	=	21702.264	/	16184.246	*	365 / 4
	=	122.36

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

IEIT Systems Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16184.246	/	21702.264
	=	0.75

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.

IEIT Systems Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21702.264	/	17606.575
	=	1.23

IEIT Systems Co Change In Inventory Related Terms

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IEIT Systems Co (SZSE:000977) Business Description

Industry

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Address

1036 Langchao Road, Shandong Province, Jinan, CHN, 250101

Website

http://www.inspur.com

IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.

Executives

Huang Jia Ming	Executives
Wu Long	Directors, executives
Gong Wei Feng	Executives
Chen Bin	Supervisors
Pang Song Tao	Director
Kong Liang	Executives
Guo Ji Jun	Executives
Hu Lei Jun	Executives
Zhang Ai Cheng	Executives

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