Sineng Electric Co (SZSE:300827) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Sineng Electric Co Change In Inventory?

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

Sineng Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥5 Mil. It means Sineng Electric Co's inventory declined by ¥5 Mil from Dec. 2022 to Dec. 2023 .

Sineng Electric Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,311 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sineng Electric Co's Days Inventory for the quarter that ended in Mar. 2024 was 221.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sineng Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

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. Sineng Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.86.

Sineng Electric Co Change In Inventory Historical Data

The historical data trend for Sineng Electric 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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Sineng Electric Co Change In Inventory Chart

Sineng Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-49.27

-128.16

-311.18

-641.50

4.62

Sineng Electric 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															-	-	-	-	-

Sineng Electric 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.

Sineng Electric Co (SZSE:300827) Change In Inventory Explanation

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

Sineng Electric 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
	=	1321.3665	/	543.83	*	365 / 4
	=	221.71

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	543.83	/	1321.3665
	=	0.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1321.3665	/	711.352
	=	1.86

Sineng Electric Co Change In Inventory Related Terms

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Sineng Electric Co (SZSE:300827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sineng Electric Co Ltd (SZSE:300827) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 6 Hehui Road, Huishan District, Jiangsu Province, Wuxi, CHN, 214174

Website

http://www.si-neng.com

Sineng Electric Co Ltd is engaged in production and sales of power electronic equipment. The company is deeply involved in the field of power electronics energy conversion and control, providing users with products and solutions such as photovoltaic grid-connected inversion, photovoltaic power station operation and maintenance, photovoltaic power station development, power quality control, and energy storage bidirectional conversion. Its business covers the entire power generation, supply and distribution, and electricity consumption systems, and it is a leading equipment manufacturer and solution provider in related industries.

Executives

Chen Gan Feng	Directors, executives
Duan Yu He	Directors, executives
Li Jian Fei	Directors, executives
Zhao Long	Supervisors

Sineng Electric Co (SZSE:300827) Headlines

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