COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is COSCO SHIPPING International (Hong Kong) Co Change In Inventory?

COSCO SHIPPING International (Hong Kong) Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means COSCO SHIPPING International (Hong Kong) Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

COSCO SHIPPING International (Hong Kong) Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$1 Mil. It means COSCO SHIPPING International (Hong Kong) Co's inventory declined by HK$1 Mil from Dec. 2022 to Dec. 2023 .

COSCO SHIPPING International (Hong Kong) Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$298 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. COSCO SHIPPING International (Hong Kong) Co's Days Inventory for the quarter that ended in Dec. 2023 was 29.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. COSCO SHIPPING International (Hong Kong) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.29.

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. COSCO SHIPPING International (Hong Kong) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

COSCO SHIPPING International (Hong Kong) Co Change In Inventory Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) 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.

* Premium members only.

COSCO SHIPPING International (Hong Kong) Co Change In Inventory Chart

COSCO SHIPPING International (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

29.53

-25.19

-59.39

105.76

1.31

COSCO SHIPPING International (Hong Kong) 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															-	-	-	-	-

COSCO SHIPPING International (Hong Kong) 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 HK$0 Mil.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Change In Inventory Explanation

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

COSCO SHIPPING International (Hong Kong) 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
	=	276.94	/	1741.175	*	365 / 2
	=	29.03

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

COSCO SHIPPING International (Hong Kong) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1741.175	/	276.94
	=	6.29

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.

COSCO SHIPPING International (Hong Kong) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	276.94	/	1721.117
	=	0.16

COSCO SHIPPING International (Hong Kong) Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of COSCO SHIPPING International (Hong Kong) Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (HKSE:00517) » Definitions » Change In Inventory

Traded in Other Exchanges

CHDGF:USA CSB:Germany

Address

183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG

Website

https://hk.coscoshipping.com

COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Headlines

No Headlines