Dada Nexus (Dada Nexus) Change In Inventory : $0 Mil (TTM As of Mar. 2024)

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What is Dada Nexus Change In Inventory?

Dada Nexus's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Dada Nexus's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Dada Nexus's change in inventory for the fiscal year that ended in Dec. 2023 was $-0 Mil. It means Dada Nexus's inventory increased by $0 Mil from Dec. 2022 to Dec. 2023 .

Dada Nexus's Total Inventories for the quarter that ended in Mar. 2024 was $1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dada Nexus's Days Inventory for the quarter that ended in Mar. 2024 was 0.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dada Nexus's Inventory Turnover for the quarter that ended in Mar. 2024 was 205.64.

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. Dada Nexus's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Dada Nexus Change In Inventory Historical Data

The historical data trend for Dada Nexus'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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Dada Nexus Change In Inventory Chart

Dada Nexus Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.57

-0.30

-0.25

-0.40

-0.06

Dada Nexus 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															-	-	-	-	-

Dada Nexus 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.

Dada Nexus (NAS:DADA) Change In Inventory Explanation

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

Dada Nexus's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.2425	/	255.506	*	365 / 4
	=	0.44

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

Dada Nexus's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	255.506	/	1.2425
	=	205.64

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.

Dada Nexus's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.2425	/	340.451
	=	0.00

Dada Nexus Change In Inventory Related Terms

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Dada Nexus (Dada Nexus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dada Nexus Ltd (NAS:DADA) » Definitions » Change In Inventory

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D0A:Germany

Address

No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082

Website

https://ir.imdada.cn

Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.