Yankuang Energy Group Co (Yankuang Energy Group Co) Inventory Turnover : -0.15 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Yankuang Energy Group Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Yankuang Energy Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $-161 Mil. Yankuang Energy Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,053 Mil. Yankuang Energy Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.15.

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

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. Yankuang Energy Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Yankuang Energy Group Co Inventory Turnover Historical Data

The historical data trend for Yankuang Energy Group Co's Inventory Turnover 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.

* Premium members only.

Yankuang Energy Group Co Inventory Turnover Chart

Yankuang Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

26.93

24.20

13.44

13.68

10.09

Yankuang Energy Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.35	3.23	3.29	4.35	-0.15

Yankuang Energy Group Co Inventory Turnover Calculation

Yankuang Energy Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	12473.111	/ (	(1387.84	+	1084.271)	/	2 )
=	12473.111	/	1236.0555
=	10.09

Yankuang Energy Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	-160.574	/ (	(1021.463	+	1084.271)	/	2 )
=	-160.574	/	1052.867
=	-0.15

Yankuang Energy Group Co (OTCPK:YZCAY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Yankuang Energy Group Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1052.867	/	-160.574	*	365 / 4
	=

2. 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.

Yankuang Energy Group Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1052.867	/	2098.966
	=	0.50

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Yankuang Energy Group Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Yankuang Energy Group Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Yankuang Energy Group Co (Yankuang Energy Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Yankuang Energy Group Co Ltd (OTCPK:YZCAY) » Definitions » Inventory Turnover

Traded in Other Exchanges

YZCHF:USA 01171:Hong Kong YZCA:Germany 600188:China

Address

949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500

Website

http://www.yanzhoucoal.com.cn

Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

Yankuang Energy Group Co (Yankuang Energy Group Co) Headlines

From GuruFocus

6 International Dividend Stocks You Need To Look Into

By Intelligent Speculator Intelligent Speculator • 09-20-2012

Looking For An International Dividend Treasure

By Intelligent Speculator Intelligent Speculator • 09-26-2012