Meisheng Cultural and Creative (SZSE:002699) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Meisheng Cultural and Creative Change In Inventory?

Meisheng Cultural and Creative's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Meisheng Cultural and Creative's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Meisheng Cultural and Creative's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-4.8 Mil. It means Meisheng Cultural and Creative's inventory increased by ¥4.8 Mil from Dec. 2022 to Dec. 2023 .

Meisheng Cultural and Creative's Total Inventories for the quarter that ended in Mar. 2024 was ¥176.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meisheng Cultural and Creative's Days Inventory for the quarter that ended in Mar. 2024 was 167.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meisheng Cultural and Creative's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

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. Meisheng Cultural and Creative's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.21.

Meisheng Cultural and Creative Change In Inventory Historical Data

The historical data trend for Meisheng Cultural and Creative'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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Meisheng Cultural and Creative Change In Inventory Chart

Meisheng Cultural and Creative Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-75.26

69.09

-67.19

26.11

-4.84

Meisheng Cultural and Creative 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															-	-	-	-	-

Meisheng Cultural and Creative 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 ¥0.0 Mil.

Meisheng Cultural and Creative (SZSE:002699) Change In Inventory Explanation

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

Meisheng Cultural and Creative's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	173.719	/	94.712	*	365 / 4
	=	167.37

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

Meisheng Cultural and Creative's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.712	/	173.719
	=	0.55

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.

Meisheng Cultural and Creative's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	173.719	/	142.985
	=	1.21

Meisheng Cultural and Creative Change In Inventory Related Terms

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Meisheng Cultural and Creative (SZSE:002699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Meisheng Cultural and Creative Corp Ltd (SZSE:002699) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Xinchang Provincial High-tech Park, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.chinarising.com.cn

Meisheng Cultural and Creative Corp Ltd is a China-based company principally engaged in culture industry related businesses. The company's products mainly include Intellectual Property (IP) derivatives, traditional derivatives, animation, games, films and television and other cultural industry products.

Executives

Zhang Yan	Executives
Pan Jing	Executives
Shu Min	Independent director
Zhu Lin Fang	Executives
Xiong Xu Feng	Executives
Yuan Xian Miao	Directors, executives
Chen Wen	Independent director

Meisheng Cultural and Creative (SZSE:002699) Headlines

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