Zhejiangnhua Intelligent Controls Co (SZSE:002050) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiangnhua Intelligent Controls Co Change In Inventory?

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

Zhejiangnhua Intelligent Controls Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-343 Mil. It means Zhejiangnhua Intelligent Controls Co's inventory increased by ¥343 Mil from Dec. 2022 to Dec. 2023 .

Zhejiangnhua Intelligent Controls Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥4,979 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiangnhua Intelligent Controls Co's Days Inventory for the quarter that ended in Mar. 2024 was 93.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiangnhua Intelligent Controls Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Zhejiangnhua Intelligent Controls Co Change In Inventory Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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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Zhejiangnhua Intelligent Controls Co Change In Inventory Chart

Zhejiangnhua Intelligent Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-181.76

-188.21

-1,379.36

-790.66

-343.25

Zhejiangnhua Intelligent Controls 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															-	-	-	-	-

Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Change In Inventory Explanation

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

Zhejiangnhua Intelligent Controls 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
	=	4789.9935	/	4697.542	*	365 / 4
	=	93.05

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

Zhejiangnhua Intelligent Controls Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4697.542	/	4789.9935
	=	0.98

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.

Zhejiangnhua Intelligent Controls Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4789.9935	/	6439.559
	=	0.74

Zhejiangnhua Intelligent Controls Co Change In Inventory Related Terms

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Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Sanhua Intelligent Controls Co Ltd (SZSE:002050) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.zjshc.com

Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.

Executives

Ni Xiao Ming	Director
Hu Kai Cheng	Secretary Dong
Wang Da Yong	Directors, executives
Yu Ying Kui	Executives
Zhang Ya Bo	Directors, executives
Chen Xiao Ming	Supervisors
Chen Yu Zhong	Directors, executives
Wang Yu Tong	Securities Affairs Representative
Weng Wei Feng	Supervisors
Shi Chu Liang	Director
Liu Fei	Executives
Du An Lin	Executives
Li Wen Xiang	Director
Yu Shu Li	Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

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