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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Shandong Hualu-hengsheng Chemical Co Change In Inventory?

Shandong Hualu-hengsheng Chemical Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shandong Hualu-hengsheng Chemical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shandong Hualu-hengsheng Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-353 Mil. It means Shandong Hualu-hengsheng Chemical Co's inventory increased by ¥353 Mil from Dec. 2022 to Dec. 2023 .

Shandong Hualu-hengsheng Chemical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,559 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Hualu-hengsheng Chemical Co's Days Inventory for the quarter that ended in Mar. 2024 was 22.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Hualu-hengsheng Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.08.

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. Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.


Shandong Hualu-hengsheng Chemical Co Change In Inventory Historical Data

The historical data trend for Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co Change In Inventory Chart

Shandong Hualu-hengsheng Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.09 50.16 -804.00 -144.23 -353.33

Shandong Hualu-hengsheng Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Shandong Hualu-hengsheng Chemical 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

* 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.


Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) Change In Inventory Explanation

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

Shandong Hualu-hengsheng Chemical 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
=1525.9345/6231.754*365 / 4
=22.34

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

Shandong Hualu-hengsheng Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Shandong Hualu-hengsheng Chemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description

Traded in Other Exchanges
N/A
Address
Number 24 Tianqu West Road, Decheng District, Shandong, Dezhou, CHN, 253024
Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.
Executives
Zhang Xin Sheng senior management
Zhuang Guang Shan Director
Chang Huai Chun Director
Gao Jing Hong Directors, senior managers
Pan De Sheng senior management
Dong Yan Director
Gao Wen Jun senior management
Yu Fu Hong senior management
Zhang Jie senior management
Qi Shao Qing senior management
Wang Yuan Ren Director

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Headlines

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