China Natural Gas (China Natural Gas) Change In Inventory

: $0.8 Mil (TTM As of Sep. 2013)

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China Natural Gas's change in inventory for the quarter that ended in Sep. 2013 was $-0.1 Mil. It means China Natural Gas's inventory increased by $0.1 Mil from Jun. 2013 to Sep. 2013 .

China Natural Gas's change in inventory for the fiscal year that ended in Dec. 2012 was $-0.1 Mil. It means China Natural Gas's inventory increased by $0.1 Mil from Dec. 2011 to Dec. 2012 .

China Natural Gas's Total Inventories for the quarter that ended in Sep. 2013 was $3.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Natural Gas's Days Inventory for the quarter that ended in Sep. 2013 was 12.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Natural Gas's Inventory Turnover for the quarter that ended in Sep. 2013 was 7.58.

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. China Natural Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.09.

China Natural Gas Change In Inventory Historical Data

The historical data trend for China Natural Gas'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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China Natural Gas Annual Data

Trend

Jul03

Jul04

Jul05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Change In Inventory

-0.27

-0.32

0.05

-0.86

-0.15

China Natural Gas Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Change In Inventory																-0.77	1.22	-0.55	0.17	-0.08

China Natural Gas 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.8 Mil.

China Natural Gas (OTCPK:CHNGQ) Change In Inventory Explanation

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

China Natural Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.9645	/	22.465	*	365 / 4
	=	12.04

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

China Natural Gas's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.465	/	2.9645
	=	7.58

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.

China Natural Gas's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.9645	/	32.031
	=	0.09

China Natural Gas Change In Inventory Related Terms

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China Natural Gas (China Natural Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Natural Gas Inc (OTCPK:CHNGQ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065

Website

http://www.naturalgaschina.com

China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.

Executives

Frank Waung	director	72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton	director	TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu	officer: Chief Financial Officer	SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

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