Kingnet Network Co (SZSE:002517) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Kingnet Network Co Change In Inventory?

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

Kingnet Network Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-9 Mil. It means Kingnet Network Co's inventory increased by ¥9 Mil from Dec. 2022 to Dec. 2023 .

Kingnet Network Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kingnet Network Co's Days Inventory for the quarter that ended in Mar. 2024 was 8.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingnet Network Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.55.

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. Kingnet Network Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Kingnet Network Co Change In Inventory Historical Data

The historical data trend for Kingnet Network 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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Kingnet Network Co Change In Inventory Chart

Kingnet Network Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.46

14.87

-12.37

5.69

-9.14

Kingnet Network 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															-	-	-	-	-

Kingnet Network 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.

Kingnet Network Co (SZSE:002517) Change In Inventory Explanation

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

Kingnet Network 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
	=	22.246	/	234.764	*	365 / 4
	=	8.65

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

Kingnet Network Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	234.764	/	22.246
	=	10.55

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.246	/	1307.536
	=	0.02

Kingnet Network Co Change In Inventory Related Terms

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Kingnet Network Co (SZSE:002517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingnet Network Co Ltd (SZSE:002517) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114

Website

https://www.kingnet.com

Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.

Executives

Jin Feng	Director
Qian Jun Fa	Directors, executives
Lin Bin	Executives
Tang Yue	Executives
Shen Jun	Directors, executives
Zhao Fan	Directors, executives
Huang Zhen Feng	Executives
Liu Hong Lin	Secretary Dong
Shen Liang	Directors, executives
Chen Yong Cong	Directors, executives
Fan Bo	Executives
Qin Wei	Supervisors
Ning Bing Yang	Executives
Wang Yue	Directors, executives
Feng Xian Chao	Directors, executives

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