China Mobile (China Mobile) Change In Inventory : $-148 Mil (TTM As of Mar. 2024)

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What is China Mobile Change In Inventory?

China Mobile's change in inventory for the quarter that ended in Mar. 2024 was $-148 Mil. It means China Mobile's inventory increased by $148 Mil from Dec. 2023 to Mar. 2024 .

China Mobile's change in inventory for the fiscal year that ended in Dec. 2023 was $-81 Mil. It means China Mobile's inventory increased by $81 Mil from Dec. 2022 to Dec. 2023 .

China Mobile's Total Inventories for the quarter that ended in Mar. 2024 was $1,784 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Mobile's Days Inventory for the quarter that ended in Mar. 2024 was 9.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Mobile's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.47.

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. China Mobile's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

China Mobile Change In Inventory Historical Data

The historical data trend for China Mobile'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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China Mobile Change In Inventory Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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192.20

-137.94

-382.93

-247.72

-80.67

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															-	-	-	-	-147.61

China Mobile 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 $-148 Mil.

China Mobile (NYSE:CHL) Change In Inventory Explanation

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

China Mobile's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1734.1005	/	16425.189	*	365 / 4
	=	9.63

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

China Mobile's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16425.189	/	1734.1005
	=	9.47

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.

China Mobile's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1734.1005	/	36618.343
	=	0.05

China Mobile Change In Inventory Related Terms

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China Mobile (China Mobile) Business Description

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941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.