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Orient International Enterprise (SHSE:600278) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Orient International Enterprise Change In Inventory?

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

Orient International Enterprise's change in inventory for the fiscal year that ended in Dec. 2023 was ¥896 Mil. It means Orient International Enterprise's inventory declined by ¥896 Mil from Dec. 2022 to Dec. 2023 .

Orient International Enterprise's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,971 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orient International Enterprise's Days Inventory for the quarter that ended in Mar. 2024 was 18.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orient International Enterprise's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.88.

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. Orient International Enterprise's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.


Orient International Enterprise Change In Inventory Historical Data

The historical data trend for Orient International Enterprise'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.

* Premium members only.

Orient International Enterprise Change In Inventory Chart

Orient International Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -435.25 306.95 -533.60 -264.37 895.51

Orient International Enterprise 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Orient International Enterprise 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.

* 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.


Orient International Enterprise  (SHSE:600278) Change In Inventory Explanation

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

Orient International Enterprise's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1717.6695/8388.028*365 / 4
=18.69

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

Orient International Enterprise's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Orient International Enterprise's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Orient International Enterprise Change In Inventory Related Terms

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Orient International Enterprise (SHSE:600278) Business Description

Traded in Other Exchanges
N/A
Address
85 Loushanguan Road, Block A, Dongfang International Building, Shanghai, CHN
Orient International Enterprise Ltd is primarily engaged in the import and export of garments and textiles from domestic and foreign orders. It covers all kind of clothing textile products, such as all kinds of cotton gauze fabrics, blended fabrics, various household textile products, cotton knitwear garments, shirts and T-shirts, suit jackets and others. Further, it is also involved in the logistics business.

Orient International Enterprise (SHSE:600278) Headlines

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