Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Jiangsu Goodwe Power Supply Technology Co Change In Inventory?

Jiangsu Goodwe Power Supply Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Jiangsu Goodwe Power Supply Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Jiangsu Goodwe Power Supply Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-468 Mil. It means Jiangsu Goodwe Power Supply Technology Co's inventory increased by ¥468 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Goodwe Power Supply Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,263 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Goodwe Power Supply Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 234.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Goodwe Power Supply Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

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. Jiangsu Goodwe Power Supply Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.87.

Jiangsu Goodwe Power Supply Technology Co Change In Inventory Historical Data

The historical data trend for Jiangsu Goodwe Power Supply Technology 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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Jiangsu Goodwe Power Supply Technology Co Change In Inventory Chart

Jiangsu Goodwe Power Supply Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-53.03

-172.96

-535.84

-736.90

-467.87

Jiangsu Goodwe Power Supply Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Jiangsu Goodwe Power Supply Technology 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.

Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Change In Inventory Explanation

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

Jiangsu Goodwe Power Supply Technology 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
	=	2103.41	/	816.828	*	365 / 4
	=	234.98

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

Jiangsu Goodwe Power Supply Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	816.828	/	2103.41
	=	0.39

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.

Jiangsu Goodwe Power Supply Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2103.41	/	1126.133
	=	1.87

Jiangsu Goodwe Power Supply Technology Co Change In Inventory Related Terms

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Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Goodwe Power Supply Technology Co Ltd (SHSE:688390) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 90, Zijin Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011

Website

https://www.goodwe.com

Jiangsu Goodwe Power Supply Technology Co Ltd is engaged in production and sales of new energy power supply equipment such as solar energy and energy storage. The company's products include residential inverters, commercial rooftop inverters, ground utility inverters, energy storage inverters, and monitoring systems.

Executives

Lu Jin Jun	Director
Dou Jin Li	senior management
Wang Yin Chao	senior management
Fang Gang	Director
Huang Min	Director
Zheng Jia Xuan	Director

Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Headlines

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