Shanghai Electric Group Co (Shanghai Electric Group Co) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Shanghai Electric Group Co Change In Inventory?

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

Shanghai Electric Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-447 Mil. It means Shanghai Electric Group Co's inventory increased by $447 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Electric Group Co's Total Inventories for the quarter that ended in Dec. 2023 was $4,541 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Electric Group Co's Days Inventory for the quarter that ended in Dec. 2023 was 106.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Electric Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.86.

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. Shanghai Electric Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.93.

Shanghai Electric Group Co Change In Inventory Historical Data

The historical data trend for Shanghai Electric Group 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.

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Shanghai Electric Group Co Change In Inventory Chart

Shanghai Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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286.16

-398.82

-948.88

-179.62

-446.68

Shanghai Electric Group Co 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															-	-	-	-	-

Shanghai Electric Group 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.

Shanghai Electric Group Co (OTCPK:SIELY) Change In Inventory Explanation

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

Shanghai Electric Group 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
	=	4754.573	/	4083.573	*	365 / 4
	=	106.24

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4083.573	/	4754.573
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4754.573	/	5101.5
	=	0.93

Shanghai Electric Group Co Change In Inventory Related Terms

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Shanghai Electric Group Co (Shanghai Electric Group Co) Business Description

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Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.