Zhonghang Electronic Measuring Instruments Co (SZSE:300114) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhonghang Electronic Measuring Instruments Co Change In Inventory?

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

Zhonghang Electronic Measuring Instruments Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-5 Mil. It means Zhonghang Electronic Measuring Instruments Co's inventory increased by ¥5 Mil from Dec. 2022 to Dec. 2023 .

Zhonghang Electronic Measuring Instruments Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥700 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhonghang Electronic Measuring Instruments Co's Days Inventory for the quarter that ended in Mar. 2024 was 307.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhonghang Electronic Measuring Instruments Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

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. Zhonghang Electronic Measuring Instruments Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.10.

Zhonghang Electronic Measuring Instruments Co Change In Inventory Historical Data

The historical data trend for Zhonghang Electronic Measuring Instruments 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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Zhonghang Electronic Measuring Instruments Co Change In Inventory Chart

Zhonghang Electronic Measuring Instruments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-146.47

-122.16

-96.77

32.55

-5.48

Zhonghang Electronic Measuring Instruments 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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Zhonghang Electronic Measuring Instruments 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.

Zhonghang Electronic Measuring Instruments Co (SZSE:300114) Change In Inventory Explanation

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

Zhonghang Electronic Measuring Instruments 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
	=	682.389	/	202.173	*	365 / 4
	=	307.99

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

Zhonghang Electronic Measuring Instruments Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	202.173	/	682.389
	=	0.30

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.

Zhonghang Electronic Measuring Instruments Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	682.389	/	325.705
	=	2.10

Zhonghang Electronic Measuring Instruments Co Change In Inventory Related Terms

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Zhonghang Electronic Measuring Instruments Co (SZSE:300114) Business Description

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Traded in Other Exchanges

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Address

PO Box 2, Hanzhong, CHN, 723007

Website

http://www.zemic.com.cn

Zhonghang Electronic Measuring Instruments Co Ltd develops, manufactures, and sells electronic measuring products. It offers strain gages, strain gage-based sensors, weighing indicators and software, testing and measuring systems for the aviation industry, automobile performance, and environmental detection systems, automobile driver intelligent training systems, remote networking regulatory network platform, on- board weighing control systems, automatic systems, and precision mechanical.

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