Guangzhou Zhiguang Electric Co (SZSE:002169) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Guangzhou Zhiguang Electric Co Change In Inventory?

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

Guangzhou Zhiguang Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-79 Mil. It means Guangzhou Zhiguang Electric Co's inventory increased by ¥79 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Zhiguang Electric Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥636 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangzhou Zhiguang Electric Co's Days Inventory for the quarter that ended in Mar. 2024 was 123.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Zhiguang Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. Guangzhou Zhiguang Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

Guangzhou Zhiguang Electric Co Change In Inventory Historical Data

The historical data trend for Guangzhou Zhiguang Electric 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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Guangzhou Zhiguang Electric Co Change In Inventory Chart

Guangzhou Zhiguang Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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33.19

-116.09

-107.05

0.69

-79.33

Guangzhou Zhiguang Electric 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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Guangzhou Zhiguang Electric 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.

Guangzhou Zhiguang Electric Co (SZSE:002169) Change In Inventory Explanation

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

Guangzhou Zhiguang Electric 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
	=	618.723	/	458.757	*	365 / 4
	=	123.07

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

Guangzhou Zhiguang Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	458.757	/	618.723
	=	0.74

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.

Guangzhou Zhiguang Electric Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	618.723	/	526.847
	=	1.17

Guangzhou Zhiguang Electric Co Change In Inventory Related Terms

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Guangzhou Zhiguang Electric Co (SZSE:002169) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 248 Wushan Road, Jinshan Building South Block, 3F, Tianhe District, Guangzhou, Guangdong, CHN, 510640

Website

http://www.gzzg.com.cn

Guangzhou Zhiguang Electric Co Ltd is an integrated energy technology and service provider. It is engaged in the research, development, design, manufacture, and sale of electrical control equipment. Its products and services include motor control, power control, power transmission, energy utilization and energy conversion. In addition, the company also provides integrated energy services and related technology.

Executives

Jiang Xin Yu	Executives
Lu Xiao Yang	Supervisors
Rui Dong Yang	Director
Han Wen	Supervisors
Zheng Xiao Jun	Director
Wang Sui Feng	Executives
Li Yong Xi	Director
Qiu Hua	Supervisors
Liu Yong	Supervisors
Yang Xu	Executives
Wang Wei Hong	Executives

Guangzhou Zhiguang Electric Co (SZSE:002169) Headlines

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