Qingdao Citymedia Co (SHSE:600229) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Qingdao Citymedia Co Change In Inventory?

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

Qingdao Citymedia Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-142 Mil. It means Qingdao Citymedia Co's inventory increased by ¥142 Mil from Dec. 2022 to Dec. 2023 .

Qingdao Citymedia Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥633 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qingdao Citymedia Co's Days Inventory for the quarter that ended in Mar. 2024 was 134.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qingdao Citymedia Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.

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. Qingdao Citymedia Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

Qingdao Citymedia Co Change In Inventory Historical Data

The historical data trend for Qingdao Citymedia 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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Qingdao Citymedia Co Change In Inventory Chart

Qingdao Citymedia Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-132.27

-73.10

-30.84

-32.48

-142.02

Qingdao Citymedia 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															-	-	-	-	-

Qingdao Citymedia 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.

Qingdao Citymedia Co (SHSE:600229) Change In Inventory Explanation

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

Qingdao Citymedia 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
	=	642.324	/	435.214	*	365 / 4
	=	134.67

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	435.214	/	642.324
	=	0.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	642.324	/	665.204
	=	0.97

Qingdao Citymedia Co Change In Inventory Related Terms

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Qingdao Citymedia Co (SHSE:600229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Qingdao Citymedia Co Ltd (SHSE:600229) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.182 Haier Road, Publishing Building, Qingdao, Shandong, CHN

Website

http://www.citymedia.cn

Qingdao Citymedia Co Ltd is engaged in the publishing business. It publishes books, periodicals, electronic audio, and video. Further, it is also involved in the development and operation of emerging media. Geographically the activities are carried out through China.

Qingdao Citymedia Co (SHSE:600229) Headlines

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