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Kweichow Moutai Co (SHSE:600519) Change In Inventory

: ¥0 Mil (TTM As of Dec. 2023)
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Kweichow Moutai Co's change in inventory for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Kweichow Moutai Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Kweichow Moutai Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-7,611 Mil. It means Kweichow Moutai Co's inventory increased by ¥7,611 Mil from Dec. 2022 to Dec. 2023 .

Kweichow Moutai Co's Total Inventories for the quarter that ended in Dec. 2023 was ¥46,435 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kweichow Moutai Co's Days Inventory for the quarter that ended in Dec. 2023 was 1,194.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kweichow Moutai Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.08.

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. Kweichow Moutai Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.97.


Kweichow Moutai Co Change In Inventory Historical Data

The historical data trend for Kweichow Moutai 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.

Kweichow Moutai Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,777.97 -3,584.17 -4,525.28 -5,430.01 -7,610.81

Kweichow Moutai 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Kweichow Moutai 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.

* 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.


Kweichow Moutai Co  (SHSE:600519) Change In Inventory Explanation

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

Kweichow Moutai 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
=43712.8335/3339.666*365 / 4
=1,194.37

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

Kweichow Moutai Co's Inventory Turnover for the quarter that ended in Dec. 2023 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=43712.8335 / 45244.43
=0.97

* 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.


Kweichow Moutai Co Change In Inventory Related Terms

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Kweichow Moutai Co (SHSE:600519) Business Description

Traded in Other Exchanges
N/A
Address
Guizhou Province, Maotai Town, Renhuai, CHN, 564501
Kweichow Moutai is one of China's leading liquor producers. The company was established in 1951 and its headquarters is located in Moutai Town, Guizhou province, southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Given its remarkable pricing power, premium product quality, and unparalleled brand strength, the company achieves the industry's highest retail prices and profit margins.

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