China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is China Machinery Huanyu Certification and Inspection Co Change In Inventory?

China Machinery Huanyu Certification and Inspection Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means China Machinery Huanyu Certification and Inspection Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

China Machinery Huanyu Certification and Inspection Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1.3 Mil. It means China Machinery Huanyu Certification and Inspection Co's inventory increased by ¥1.3 Mil from Dec. 2022 to Dec. 2023 .

China Machinery Huanyu Certification and Inspection Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Machinery Huanyu Certification and Inspection Co's Days Inventory for the quarter that ended in Mar. 2024 was 1.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Machinery Huanyu Certification and Inspection Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 79.02.

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. China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

China Machinery Huanyu Certification and Inspection Co Change In Inventory Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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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China Machinery Huanyu Certification and Inspection Co Change In Inventory Chart

China Machinery Huanyu Certification and Inspection Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-1.31

China Machinery Huanyu Certification and Inspection Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial							-	-	-	-	-

China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Change In Inventory Explanation

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

China Machinery Huanyu Certification and Inspection 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
	=	1.2815	/	101.269	*	365 / 4
	=	1.15

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

China Machinery Huanyu Certification and Inspection Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	101.269	/	1.2815
	=	79.02

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.

China Machinery Huanyu Certification and Inspection Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.2815	/	169.116
	=	0.01

China Machinery Huanyu Certification and Inspection Co Change In Inventory Related Terms

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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Machinery Huanyu Certification and Inspection Co Ltd (SZSE:301508) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609

Website

http://www.cmhci.com.cn

China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

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