Zhejiang Shuanghuan Driveline Co (SZSE:002472) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Shuanghuan Driveline Co Change In Inventory?

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

Zhejiang Shuanghuan Driveline Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-38 Mil. It means Zhejiang Shuanghuan Driveline Co's inventory increased by ¥38 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Shuanghuan Driveline Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,875 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Shuanghuan Driveline Co's Days Inventory for the quarter that ended in Mar. 2024 was 105.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Shuanghuan Driveline Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.

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. Zhejiang Shuanghuan Driveline Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.89.

Zhejiang Shuanghuan Driveline Co Change In Inventory Historical Data

The historical data trend for Zhejiang Shuanghuan Driveline 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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Zhejiang Shuanghuan Driveline Co Change In Inventory Chart

Zhejiang Shuanghuan Driveline Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-42.30

8.27

-409.56

-240.25

-37.74

Zhejiang Shuanghuan Driveline 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															-	-	-	-	-

Zhejiang Shuanghuan Driveline 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.

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Change In Inventory Explanation

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

Zhejiang Shuanghuan Driveline 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
	=	1849.429	/	1604.585	*	365 / 4
	=	105.17

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

Zhejiang Shuanghuan Driveline Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1604.585	/	1849.429
	=	0.87

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.

Zhejiang Shuanghuan Driveline Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1849.429	/	2074.505
	=	0.89

Zhejiang Shuanghuan Driveline Co Change In Inventory Related Terms

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Zhejiang Shuanghuan Driveline Co (SZSE:002472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Shuanghuan Driveline Co Ltd (SZSE:002472) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Electrical and Industrial Zone, Yuhuan County, Zhejiang Province, Taizhou, CHN, 317600

Website

http://www.gearsnet.com

Zhejiang Shuanghuan Driveline Co Ltd is engaged in the manufacture of gears and shafts for automobiles, motorcycles, trucks and heavy equipment in China. It is engaged in research, development, design, and manufacture of passenger car gears, power tool gears, construction machinery gears, motorcycle gears and commercial vehicle gears.

Executives

Li Yu	Supervisors
Geng Shuai	Directors, executives
Zhang Jing	Director
Ye Song	Secretary Dong
Li Shao Guang	Supervisors
Dong Mei Zhu	Supervisors
Zhou Zhi Qiang	Supervisors
Yang Dong Po	Supervisors
	Executives
Li Shui Tu	Directors, executives
Ye Ji Ming	Supervisors
Chen Jian Feng	Supervisors
Huang Liang Bin	Directors, executives
Wu Zhang Hong	Directors, executives
Jiang Yi Qing	Directors, executives

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Headlines

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