OFILM Group Co (SZSE:002456) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is OFILM Group Co Change In Inventory?

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

OFILM Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-369 Mil. It means OFILM Group Co's inventory increased by ¥369 Mil from Dec. 2022 to Dec. 2023 .

OFILM Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,812 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OFILM Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 58.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. OFILM Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

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. OFILM Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

OFILM Group Co Change In Inventory Historical Data

The historical data trend for OFILM 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.

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OFILM Group Co Change In Inventory Chart

OFILM Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2,934.23

2,241.69

1,171.55

491.55

-368.90

OFILM Group 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															-	-	-	-	-

OFILM 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.

OFILM Group Co (SZSE:002456) Change In Inventory Explanation

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

OFILM 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
	=	2663.0565	/	4158.622	*	365 / 4
	=	58.43

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

OFILM 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
	=	4158.622	/	2663.0565
	=	1.56

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2663.0565	/	4646.012
	=	0.57

OFILM Group Co Change In Inventory Related Terms

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OFILM Group Co (SZSE:002456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OFILM Group Co Ltd (SZSE:002456) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107

Website

http://www.ofilm.com

OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.

Executives

Li Yun	Supervisors
Liu Xiao Chen	Directors, executives
Li Ying Ping	Executives
Ye Qing Biao	Executives
Hai Jiang	Directors, executives
Huang Li Hui	Directors, executives
Luo Yong Hui	Supervisors
Yin Yun Yun	Executives
Zhou Liang	Directors, executives
Tan Zhen Lin	Executives
Yao Fei	Executives
Ceng Zhao Hao	Executives
Cai Xue Peng	Directors, executives
Lin Hong Ping	Supervisors
Shen Cheng Zhe	Executives

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