Qingdao Haier Biomedical Co (SHSE:688139) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Qingdao Haier Biomedical Co Change In Inventory?

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

Qingdao Haier Biomedical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥38 Mil. It means Qingdao Haier Biomedical Co's inventory declined by ¥38 Mil from Dec. 2022 to Dec. 2023 .

Qingdao Haier Biomedical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥251 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qingdao Haier Biomedical Co's Days Inventory for the quarter that ended in Mar. 2024 was 65.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qingdao Haier Biomedical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.39.

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 Haier Biomedical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Qingdao Haier Biomedical Co Change In Inventory Historical Data

The historical data trend for Qingdao Haier Biomedical 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.

* Premium members only.

Qingdao Haier Biomedical Co Change In Inventory Chart

Qingdao Haier Biomedical Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-54.24

-115.64

-99.12

76.79

38.34

Qingdao Haier Biomedical 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 Haier Biomedical 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 Haier Biomedical Co (SHSE:688139) Change In Inventory Explanation

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

Qingdao Haier Biomedical 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
	=	249.432	/	346.205	*	365 / 4
	=	65.74

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	346.205	/	249.432
	=	1.39

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	249.432	/	686.909
	=	0.36

Qingdao Haier Biomedical Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Qingdao Haier Biomedical Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Qingdao Haier Biomedical Co (SHSE:688139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Qingdao Haier Biomedical Co Ltd (SHSE:688139) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Haier Road, Branding Building, Qingdao, CHN, 266101

Website

http://www.haiermedical.com

Qingdao Haier Biomedical Co Ltd is engaged in designing, manufacturing, marketing and sales of low temperature storage equipment for biomedical samples. The company provides provides complete storage solutions for biological sample banks, blood safety, vaccine safety, medical supplies and reagent safety.

Executives

Zhang Jiang Tao	Core technical personnel
Liu Ji Yuan	Core technical personnel
Teng Pei Kun	Core technical personnel
Wang Guang Sheng	senior management
Gong Yi	Director
Huang Yan Li	senior management
Chen Hai Tao	Senior management, core technical personnel
Liu Zhan Jie	Directors, senior managers, core technical personn
Mo Rui Juan	senior management
Wang Wen Fu	Director

Qingdao Haier Biomedical Co (SHSE:688139) Headlines

No Headlines