Ningbo Fujia Industrial Co (SHSE:603219) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Ningbo Fujia Industrial Co Change In Inventory?

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

Ningbo Fujia Industrial Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥66 Mil. It means Ningbo Fujia Industrial Co's inventory declined by ¥66 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Fujia Industrial Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥399 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Fujia Industrial Co's Days Inventory for the quarter that ended in Mar. 2024 was 93.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Fujia Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. Ningbo Fujia Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Ningbo Fujia Industrial Co Change In Inventory Historical Data

The historical data trend for Ningbo Fujia Industrial 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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Ningbo Fujia Industrial Co Change In Inventory Chart

Ningbo Fujia Industrial Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-54.92

-149.90

-144.00

118.67

66.34

Ningbo Fujia Industrial Co Quarterly Data
	Dec17	Dec18	Dec19	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														-	-	-	-	-

Ningbo Fujia Industrial 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.

Ningbo Fujia Industrial Co (SHSE:603219) Change In Inventory Explanation

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

Ningbo Fujia Industrial 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
	=	345.1195	/	338.26	*	365 / 4
	=	93.10

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

Ningbo Fujia Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	338.26	/	345.1195
	=	0.98

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.

Ningbo Fujia Industrial Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	345.1195	/	425.307
	=	0.81

Ningbo Fujia Industrial Co Change In Inventory Related Terms

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Ningbo Fujia Industrial Co (SHSE:603219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Fujia Industrial Co Ltd (SHSE:603219) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 303, Chang'an Road, Yangming Stree, Zhejiang Province, Yuyao, CHN, 315400

Website

http://www.furja.com

Ningbo Fujia Industrial Co Ltd is engaged in the research and development, design, production and sales of intelligent cleaning small household appliances such as vacuum cleaners, sweeping robots, and important components such as brushless motors.

Executives

Sun Ya Fang	Supervisors
Chen Ang Liang	senior management
Huang Jian Long	Supervisors
Yu Shi Guo	Director
Ying Ying	senior management
Shen Xue Jun	Supervisors
Luo Jun Bin	Directors, senior managers
Tu Zi Qun	Directors, senior managers

Ningbo Fujia Industrial Co (SHSE:603219) Headlines

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