Sino Medical Sciences Technology (SHSE:688108) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Sino Medical Sciences Technology Change In Inventory?

Sino Medical Sciences Technology's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Sino Medical Sciences Technology's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Sino Medical Sciences Technology's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-14.5 Mil. It means Sino Medical Sciences Technology's inventory increased by ¥14.5 Mil from Dec. 2022 to Dec. 2023 .

Sino Medical Sciences Technology's Total Inventories for the quarter that ended in Mar. 2024 was ¥122.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino Medical Sciences Technology's Days Inventory for the quarter that ended in Mar. 2024 was 263.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Medical Sciences Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.35.

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. Sino Medical Sciences Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.32.

Sino Medical Sciences Technology Change In Inventory Historical Data

The historical data trend for Sino Medical Sciences Technology'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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Sino Medical Sciences Technology Change In Inventory Chart

Sino Medical Sciences Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.93

3.65

-27.79

-18.38

-14.53

Sino Medical Sciences Technology 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															-	-	-	-	-

Sino Medical Sciences Technology 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 ¥0.0 Mil.

Sino Medical Sciences Technology (SHSE:688108) Change In Inventory Explanation

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

Sino Medical Sciences Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	120.1235	/	41.582	*	365 / 4
	=	263.61

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

Sino Medical Sciences Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.582	/	120.1235
	=	0.35

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.

Sino Medical Sciences Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	120.1235	/	91.063
	=	1.32

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Sino Medical Sciences Technology (SHSE:688108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sino Medical Sciences Technology Inc (SHSE:688108) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

TEDA Biomedical Research and Development Building, No. 5, Fourth Avenue, Tianjin Development Zone, 2nd Floor, Zone B, Tianjin, CHN, 300457

Website

http://www.sinomed.com

Sino Medical Sciences Technology Inc is a China based company engaged in the research, development, production and sales of high-end interventional medical devices.

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