Longzhou Group Co (SZSE:002682) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Longzhou Group Co Change In Inventory?

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

Longzhou Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2 Mil. It means Longzhou Group Co's inventory increased by ¥2 Mil from Dec. 2022 to Dec. 2023 .

Longzhou Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥567 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Longzhou Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 65.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Longzhou Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

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. Longzhou Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.

Longzhou Group Co Change In Inventory Historical Data

The historical data trend for Longzhou Group 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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Longzhou Group Co Change In Inventory Chart

Longzhou Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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119.76

-194.59

159.94

-6.03

-1.81

Longzhou Group 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															-	-	-	-	-

Longzhou Group 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.

Longzhou Group Co (SZSE:002682) Change In Inventory Explanation

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

Longzhou Group 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
	=	415.109	/	580.91	*	365 / 4
	=	65.21

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

Longzhou Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	580.91	/	415.109
	=	1.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	415.109	/	603.258
	=	0.69

Longzhou Group Co Change In Inventory Related Terms

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Longzhou Group Co (SZSE:002682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Longzhou Group Co Ltd (SZSE:002682) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 112, South Huanxi Road, Xinluo District, Fujian Province, Longyan, CHN, 364000

Website

http://www.lzgf.cn

Longzhou Group Co Ltd operates in the road transportation industry. Its primary business activities involve passenger station operation, modern logistics, port logistics, automobile sales and maintenance, and oil and gas sales. Its oil and gas business covers wholesale and retail of refined oil, natural gas processing, and production. In addition, the company is engaged in the front-end and back-end businesses of automobiles and parts sales and maintenance, special vehicle modification, vehicle testing and other vehicles.

Executives

Wang Yue Rong	Director
Wei Fu Yuan	Executives
Yuan He Zhi	Directors, executives
Wu Zhen Long	Director
Zhang Wei Min	Executives
Su Long Zhou	Supervisors

Longzhou Group Co (SZSE:002682) Headlines

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