Hicon Network Technology (Shandong) Co (SZSE:301262) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Hicon Network Technology (Shandong) Co Change In Inventory?

Hicon Network Technology (Shandong) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Hicon Network Technology (Shandong) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Hicon Network Technology (Shandong) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥0.0 Mil. It means Hicon Network Technology (Shandong) Co's inventory declined by ¥0.0 Mil from Dec. 2022 to Dec. 2023 .

Hicon Network Technology (Shandong) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥0.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hicon Network Technology (Shandong) Co's Days Inventory for the quarter that ended in Mar. 2024 was 0.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hicon Network Technology (Shandong) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 469.06.

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. Hicon Network Technology (Shandong) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Hicon Network Technology (Shandong) Co Change In Inventory Historical Data

The historical data trend for Hicon Network Technology (Shandong) 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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Hicon Network Technology (Shandong) Co Change In Inventory Chart

Hicon Network Technology (Shandong) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.37

0.05

-1.75

1.70

0.04

Hicon Network Technology (Shandong) Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial													-	-	-	-	-

Hicon Network Technology (Shandong) 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 ¥0.0 Mil.

Hicon Network Technology (Shandong) Co (SZSE:301262) Change In Inventory Explanation

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

Hicon Network Technology (Shandong) 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
	=	0.2285	/	107.18	*	365 / 4
	=	0.19

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

Hicon Network Technology (Shandong) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	107.18	/	0.2285
	=	469.06

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.

Hicon Network Technology (Shandong) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2285	/	243.365
	=	0.00

Hicon Network Technology (Shandong) Co Change In Inventory Related Terms

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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hicon Network Technology (Shandong) Co Ltd (SZSE:301262) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062

Website

http://www.ihicon.com

Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

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