Hong Kong and China Gas Co (Hong Kong and China Gas Co) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Hong Kong and China Gas Co Change In Inventory?

Hong Kong and China Gas Co's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Hong Kong and China Gas Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Hong Kong and China Gas Co's change in inventory for the fiscal year that ended in Dec. 2023 was $21 Mil. It means Hong Kong and China Gas Co's inventory declined by $21 Mil from Dec. 2022 to Dec. 2023 .

Hong Kong and China Gas Co's Total Inventories for the quarter that ended in Dec. 2023 was $329 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hong Kong and China Gas Co's Days Inventory for the quarter that ended in Dec. 2023 was 27.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Kong and China Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.56.

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. Hong Kong and China Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Hong Kong and China Gas Co Change In Inventory Historical Data

The historical data trend for Hong Kong and China Gas 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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Hong Kong and China Gas Co Change In Inventory Chart

Hong Kong and China Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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11.89

-27.93

-49.48

-51.55

21.29

Hong Kong and China Gas Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hong Kong and China Gas 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Hong Kong and China Gas Co (OTCPK:HOKCY) Change In Inventory Explanation

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

Hong Kong and China Gas 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
	=	329.767	/	2164.166	*	365 / 2
	=	27.81

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

Hong Kong and China Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2164.166	/	329.767
	=	6.56

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.

Hong Kong and China Gas Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	329.767	/	3558.798
	=	0.09

Hong Kong and China Gas Co Change In Inventory Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hong Kong and China Gas Co Ltd (OTCPK:HOKCY) » Definitions » Change In Inventory

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Traded in Other Exchanges

HOKCF:USA 00003:Hong Kong HCG:Germany

Address

363 Java Road, 23rd Floor, North Point, Hong Kong, HKG

Website

http://www.towngas.com

Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

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