Hangzhou Robam Appliances Co (SZSE:002508) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Hangzhou Robam Appliances Co Change In Inventory?

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

Hangzhou Robam Appliances Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥95 Mil. It means Hangzhou Robam Appliances Co's inventory declined by ¥95 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Robam Appliances Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,338 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hangzhou Robam Appliances Co's Days Inventory for the quarter that ended in Mar. 2024 was 118.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Robam Appliances Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

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. Hangzhou Robam Appliances Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Hangzhou Robam Appliances Co Change In Inventory Historical Data

The historical data trend for Hangzhou Robam Appliances 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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Hangzhou Robam Appliances Co Change In Inventory Chart

Hangzhou Robam Appliances Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.39

-68.89

-434.88

160.45

94.74

Hangzhou Robam Appliances Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Hangzhou Robam Appliances 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.

Hangzhou Robam Appliances Co (SZSE:002508) Change In Inventory Explanation

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

Hangzhou Robam Appliances 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
	=	1431.258	/	1104.113	*	365 / 4
	=	118.29

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

Hangzhou Robam Appliances Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1104.113	/	1431.258
	=	0.77

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.

Hangzhou Robam Appliances Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1431.258	/	2237.195
	=	0.64

Hangzhou Robam Appliances Co Change In Inventory Related Terms

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Hangzhou Robam Appliances Co (SZSE:002508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hangzhou Robam Appliances Co Ltd (SZSE:002508) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

592 Linping Road, Yuhang Economic Development Zone, Zhejiang Province, Yuhang District, Hangzhou, CHN, 311100

Website

https://www.robam.com

Hangzhou Robam Appliances Co Ltd is a China based company developing manufacturing and selling household electrical kitchen appliances in China. Some of its products include hood, stove, utensil, disinfection cabinet, electric oven, dishwasher and among others. The company earns majority of its revenue from sale of electrical kitchen appliances.

Executives

Ren Luo Zhong	Director
Zhang Song Nian	Supervisors
Zhao Ji Hong	Director
Zhang Lin Yong	Supervisors
Ren Fu Jia	Directors, executives
Shen Guo Liang	Director
Tang Gen Quan	Supervisors
Ren Jian Hua	Director
Zhang Guo Fu	Executives
Xia Zhi Ming	Executives
Chen Wei	Supervisors
Shen Yue Ming	Supervisors
Shen Ping Ping	Securities Affairs Representative
He Ya Dong	Executives
Wang Gang	Directors, Directors, and Executives

Hangzhou Robam Appliances Co (SZSE:002508) Headlines

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