Jointown Pharmaceutical Group Co (SHSE:600998) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Jointown Pharmaceutical Group Co Change In Inventory?

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

Jointown Pharmaceutical Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2,828 Mil. It means Jointown Pharmaceutical Group Co's inventory increased by ¥2,828 Mil from Dec. 2022 to Dec. 2023 .

Jointown Pharmaceutical Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥17,680 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jointown Pharmaceutical Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 45.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jointown Pharmaceutical Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.99.

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. Jointown Pharmaceutical Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Jointown Pharmaceutical Group Co Change In Inventory Historical Data

The historical data trend for Jointown Pharmaceutical Group 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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Jointown Pharmaceutical Group Co Change In Inventory Chart

Jointown Pharmaceutical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1,055.45

-737.50

-720.40

-1,632.86

-2,827.70

Jointown Pharmaceutical Group 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															-	-	-	-	-

Jointown Pharmaceutical Group 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.

Jointown Pharmaceutical Group Co (SHSE:600998) Change In Inventory Explanation

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

Jointown Pharmaceutical Group 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
	=	18897.0725	/	37556.476	*	365 / 4
	=	45.91

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

Jointown Pharmaceutical Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37556.476	/	18897.0725
	=	1.99

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.

Jointown Pharmaceutical Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18897.0725	/	40472.147
	=	0.47

Jointown Pharmaceutical Group Co Change In Inventory Related Terms

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Jointown Pharmaceutical Group Co (SHSE:600998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jointown Pharmaceutical Group Co Ltd (SHSE:600998) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No 8 Longyang Road, Hanyang District, Wuhan, CHN, 430051

Website

http://www.jztey.com

Jointown Pharmaceutical Group Co Ltd is engaged in the business of wholesaling drugs and medical devices. The company offers logistics and other value-added services and primarily serves medical institutions, wholesale enterprises, and retail pharmacies.

Executives

Liu Yi Chang	Director
Ai Hua	Director
Wang Qi Bing	senior management
Gong Yi Hua	Directors, senior managers
Lin Xin Yang	Directors, senior managers
Yang Ju Mei	senior management
Chen Qi Ming	Directors, senior managers
Chen Li	Supervisors
Guo Lei	senior management
Liu Su Fang	senior management
Xu Ming Zhen	senior management
Chen Song Bai	senior management
Huang Li Hua	senior management
Wang Jia Ming	senior management
Chen Bo	senior management

Jointown Pharmaceutical Group Co (SHSE:600998) Headlines

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