Zhejiang Expressway Co (LSE:ZHEH) Change In Inventory : £0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Zhejiang Expressway Co Change In Inventory?

Zhejiang Expressway Co's change in inventory for the quarter that ended in Dec. 2023 was £0 Mil. It means Zhejiang Expressway Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Zhejiang Expressway Co's change in inventory for the fiscal year that ended in Dec. 2023 was £-79 Mil. It means Zhejiang Expressway Co's inventory increased by £79 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Expressway Co's Total Inventories for the quarter that ended in Dec. 2023 was £145 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Expressway Co's Days Inventory for the quarter that ended in Dec. 2023 was 19.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Expressway Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.66.

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. Zhejiang Expressway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Zhejiang Expressway Co Change In Inventory Historical Data

The historical data trend for Zhejiang Expressway 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.

Zhejiang Expressway Co Change In Inventory Chart

Zhejiang Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-18.92

-6.02

-0.94

-28.44

-78.98

Zhejiang Expressway Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Zhejiang Expressway 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 quarterly data reported by the company within the most recent 12 months, which was £0 Mil.

Zhejiang Expressway Co (LSE:ZHEH) Change In Inventory Explanation

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

Zhejiang Expressway 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
	=	72.269	/	336.898	*	365 / 4
	=	19.57

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

Zhejiang Expressway Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	336.898	/	72.269
	=	4.66

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.

Zhejiang Expressway Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	72.269	/	510.591
	=	0.14

Zhejiang Expressway Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zhejiang Expressway Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Expressway Co (LSE:ZHEH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Expressway Co Ltd (LSE:ZHEH) » Definitions » Change In Inventory

Traded in Other Exchanges

ZHEXF:USA 00576:Hong Kong ZHJ:Germany

Address

199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020

Website

https://www.zjec.com.cn

Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

Zhejiang Expressway Co (LSE:ZHEH) Headlines

No Headlines