Shenzhen SEICHI Technologies Co (SHSE:688627) Change In Inventory : ¥45.8 Mil (TTM As of Mar. 2024)

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What is Shenzhen SEICHI Technologies Co Change In Inventory?

Shenzhen SEICHI Technologies Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenzhen SEICHI Technologies Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen SEICHI Technologies Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥10.6 Mil. It means Shenzhen SEICHI Technologies Co's inventory declined by ¥10.6 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen SEICHI Technologies Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥279.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen SEICHI Technologies Co's Days Inventory for the quarter that ended in Mar. 2024 was 427.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen SEICHI Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

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. Shenzhen SEICHI Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.11.

Shenzhen SEICHI Technologies Co Change In Inventory Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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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Shenzhen SEICHI Technologies Co Change In Inventory Chart

Shenzhen SEICHI Technologies Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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35.70

-162.42

-5.76

-70.65

10.60

Shenzhen SEICHI Technologies Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-50.34	45.80	-	-	-

Shenzhen SEICHI Technologies 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 ¥45.8 Mil.

Shenzhen SEICHI Technologies Co (SHSE:688627) Change In Inventory Explanation

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

Shenzhen SEICHI Technologies 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
	=	258.662	/	55.273	*	365 / 4
	=	427.02

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

Shenzhen SEICHI Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.273	/	258.662
	=	0.21

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.

Shenzhen SEICHI Technologies Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	258.662	/	83.047
	=	3.11

Shenzhen SEICHI Technologies Co Change In Inventory Related Terms

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Shenzhen SEICHI Technologies Co (SHSE:688627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110

Website

http://www.seichitech.com

Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

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