Doctorglasses Chain Co (SZSE:300622) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Doctorglasses Chain Co Change In Inventory?

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

Doctorglasses Chain Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-11 Mil. It means Doctorglasses Chain Co's inventory increased by ¥11 Mil from Dec. 2022 to Dec. 2023 .

Doctorglasses Chain Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥222 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Doctorglasses Chain Co's Days Inventory for the quarter that ended in Mar. 2024 was 148.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Doctorglasses Chain Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

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. Doctorglasses Chain Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.

Doctorglasses Chain Co Change In Inventory Historical Data

The historical data trend for Doctorglasses Chain 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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Doctorglasses Chain Co Change In Inventory Chart

Doctorglasses Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-7.84

-2.93

-41.26

-29.99

-10.68

Doctorglasses Chain 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															-	-	-	-	-

Doctorglasses Chain 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.

Doctorglasses Chain Co (SZSE:300622) Change In Inventory Explanation

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

Doctorglasses Chain 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
	=	198.133	/	121.434	*	365 / 4
	=	148.88

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	121.434	/	198.133
	=	0.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	198.133	/	295.927
	=	0.67

Doctorglasses Chain Co Change In Inventory Related Terms

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Doctorglasses Chain Co (SZSE:300622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Doctorglasses Chain Co Ltd (SZSE:300622) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4028 Jintian Road, 2nd Floor, Rongchao Economic and Trade Center, Futian District, Shenzhen, CHN, 518038

Website

http://www.doctorglasses.com.cn

Doctorglasses Chain Co Ltd operates as a retail chain company which is engaged in the eyeglasses business in China. The company offers glasses under the President optical and doctor glasses Zele brand name. It offers reading glasses, sunglasses, frames and lenses, contact lenses, contact lens liquid solution and others.

Executives

Liu Zhi Ming	Directors, executives
Zheng Qing Qiu	Executives
He Qing Bai	Executives
	Director
Liu Kai Yue	Directors, executives
Xiong Dan	Securities Affairs Representative

Doctorglasses Chain Co (SZSE:300622) Headlines

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