Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Change In Inventory : $-69 Mil (TTM As of Dec. 2023)

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What is Petronas Chemicals Group Bhd Change In Inventory?

Petronas Chemicals Group Bhd's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Petronas Chemicals Group Bhd's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Petronas Chemicals Group Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was $-71 Mil. It means Petronas Chemicals Group Bhd's inventory increased by $71 Mil from Dec. 2022 to Dec. 2023 .

Petronas Chemicals Group Bhd's Total Inventories for the quarter that ended in Dec. 2023 was $809 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petronas Chemicals Group Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 55.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petronas Chemicals Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.64.

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. Petronas Chemicals Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

Petronas Chemicals Group Bhd Change In Inventory Historical Data

The historical data trend for Petronas Chemicals Group Bhd'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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Petronas Chemicals Group Bhd Change In Inventory Chart

Petronas Chemicals Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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43.65

-35.27

-125.61

21.77

-71.28

Petronas Chemicals Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															79.15	-40.77	2.81	-30.97	-

Petronas Chemicals Group Bhd 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 $-69 Mil.

Petronas Chemicals Group Bhd (OTCPK:PECGF) Change In Inventory Explanation

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

Petronas Chemicals Group Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	814.6	/	1338.772	*	365 / 4
	=	55.52

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

Petronas Chemicals Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1338.772	/	814.6
	=	1.64

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.

Petronas Chemicals Group Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	814.6	/	1548.519
	=	0.53

Petronas Chemicals Group Bhd Change In Inventory Related Terms

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Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Business Description

Industry

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5183:Malaysia

Address

Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

http://www.petronaschemicals.com

Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers and Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia.

Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Headlines

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