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Lingyi Itech (Guangdong) Co (SZSE:002600) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Lingyi Itech (Guangdong) Co Change In Inventory?

Lingyi Itech (Guangdong) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Lingyi Itech (Guangdong) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Lingyi Itech (Guangdong) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1,036 Mil. It means Lingyi Itech (Guangdong) Co's inventory increased by ¥1,036 Mil from Dec. 2022 to Dec. 2023 .

Lingyi Itech (Guangdong) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥4,905 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lingyi Itech (Guangdong) Co's Days Inventory for the quarter that ended in Mar. 2024 was 58.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lingyi Itech (Guangdong) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.57.

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. Lingyi Itech (Guangdong) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.


Lingyi Itech (Guangdong) Co Change In Inventory Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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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Lingyi Itech (Guangdong) Co Change In Inventory Chart

Lingyi Itech (Guangdong) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -836.08 -1,009.77 -1,174.32 -405.30 -1,035.64

Lingyi Itech (Guangdong) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Lingyi Itech (Guangdong) 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.

* 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.


Lingyi Itech (Guangdong) Co  (SZSE:002600) Change In Inventory Explanation

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

Lingyi Itech (Guangdong) 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
=5316.1775/8330.787*365 / 4
=58.23

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

Lingyi Itech (Guangdong) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Lingyi Itech (Guangdong) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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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Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.
Executives
Liu Jian Feng Supervisors
Fan Wei Supervisors
Tan Jun Director
Li Xue Hua Supervisors
Li Xiao Qing Executives
Cheng Xin Independent director
Chen Guo Shi Director
Cao Yun Director
Liu Ji Wen Supervisors
Li Zhong Xuan Independent director
Wang Yan Executives
Wang Nan Dong Directors, executives
Zhou Zhan Feng Directors, Directors, and Executives
Liu Gang Directors, executives
Wu Jie Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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