InfoVision Optoelectronics Kunshan Co (SHSE:688055) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)

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What is InfoVision Optoelectronics Kunshan Co Change In Inventory?

InfoVision Optoelectronics Kunshan Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means InfoVision Optoelectronics Kunshan Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

InfoVision Optoelectronics Kunshan Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥163 Mil. It means InfoVision Optoelectronics Kunshan Co's inventory declined by ¥163 Mil from Dec. 2022 to Dec. 2023 .

InfoVision Optoelectronics Kunshan Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥762 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. InfoVision Optoelectronics Kunshan Co's Days Inventory for the quarter that ended in Jun. 2024 was 90.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. InfoVision Optoelectronics Kunshan Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.01.

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. InfoVision Optoelectronics Kunshan Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.92.

InfoVision Optoelectronics Kunshan Co Change In Inventory Historical Data

The historical data trend for InfoVision Optoelectronics Kunshan 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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InfoVision Optoelectronics Kunshan Co Change In Inventory Chart

InfoVision Optoelectronics Kunshan Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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81.78

-87.72

-346.73

-291.07

163.49

InfoVision Optoelectronics Kunshan Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

InfoVision Optoelectronics Kunshan 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

InfoVision Optoelectronics Kunshan Co (SHSE:688055) Change In Inventory Explanation

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

InfoVision Optoelectronics Kunshan 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
	=	794.6385	/	805.312	*	365 / 4
	=	90.04

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

InfoVision Optoelectronics Kunshan Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	805.312	/	794.6385
	=	1.01

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.

InfoVision Optoelectronics Kunshan Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	794.6385	/	861.867
	=	0.92

InfoVision Optoelectronics Kunshan Co Change In Inventory Related Terms

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InfoVision Optoelectronics Kunshan Co Business Description

Industry

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Traded in Other Exchanges

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Address

No. 1, Longteng Road, Kunshan Development Zone, Jiangsu Province, Suzhou, CHN, 215300

Website

https://www.ivo.com.cn

InfoVision Optoelectronics Kunshan Co Ltd is engaged in production and sales of thin film transistor liquid crystal displays (TFT-LCD). The company manufactures liquid crystal displays for mobile communications, tablets, desktop computers, laptop, industrial applications, and vehicle applications.

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