Rainbow Digital Commercial Co (SZSE:002419) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Rainbow Digital Commercial Co Change In Inventory?

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

Rainbow Digital Commercial Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥173 Mil. It means Rainbow Digital Commercial Co's inventory declined by ¥173 Mil from Dec. 2022 to Dec. 2023 .

Rainbow Digital Commercial Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥705 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rainbow Digital Commercial Co's Days Inventory for the quarter that ended in Mar. 2024 was 32.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rainbow Digital Commercial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.80.

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. Rainbow Digital Commercial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Rainbow Digital Commercial Co Change In Inventory Historical Data

The historical data trend for Rainbow Digital Commercial 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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Rainbow Digital Commercial Co Change In Inventory Chart

Rainbow Digital Commercial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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192.84

53.59

-71.85

-126.11

173.33

Rainbow Digital Commercial 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															-	-	-	-	-

Rainbow Digital Commercial 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.

Rainbow Digital Commercial Co (SZSE:002419) Change In Inventory Explanation

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

Rainbow Digital Commercial 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
	=	751.102	/	2106.108	*	365 / 4
	=	32.54

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

Rainbow Digital Commercial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2106.108	/	751.102
	=	2.80

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.

Rainbow Digital Commercial Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	751.102	/	3340.256
	=	0.22

Rainbow Digital Commercial Co Change In Inventory Related Terms

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Rainbow Digital Commercial Co (SZSE:002419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rainbow Digital Commercial Co Ltd (SZSE:002419) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 3019, Central Road (Shenzhen Bay Section), 9th-14th Floor, 17th-20th Floor, Tianhong Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.rainbow.cn

Rainbow Digital Commercial Co Ltd operates a platform-based business with department stores, shopping malls and vertical business with supermarkets, convenience stores. It sells daily necessities, textiles, clothing, cosmetics, food, salt, beverages, health foods, agricultural and sideline products, household appliances and electronic products, culture, sports goods and equipment, building materials and chemical products.

Executives

Chen Zhi Xiang	Supervisors
Jiang Yong	Executives
Chen Yu	Supervisors
Wu Jian Qiong	Executives
Hou Yi	Executives
Wan Ying	Secretary Dong
Zhang Xu Hua	Executives
Zheng Man	Executives
Song Yao Ming	Executives
Sun Jin Cheng	Executives
Gao Shu Lin	Directors, executives

Rainbow Digital Commercial Co (SZSE:002419) Headlines

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