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Shandong Xinchao Energy (SHSE:600777) Change In Inventory : ¥0 Mil (TTM As of Sep. 2023)


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What is Shandong Xinchao Energy Change In Inventory?

Shandong Xinchao Energy's change in inventory for the quarter that ended in Sep. 2023 was ¥0 Mil. It means Shandong Xinchao Energy's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Shandong Xinchao Energy's change in inventory for the fiscal year that ended in Dec. 2022 was ¥45 Mil. It means Shandong Xinchao Energy's inventory declined by ¥45 Mil from Dec. 2021 to Dec. 2022 .

Shandong Xinchao Energy's Total Inventories for the quarter that ended in Sep. 2023 was ¥194 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Xinchao Energy's Days Inventory for the quarter that ended in Sep. 2023 was 13.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Xinchao Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was 6.62.

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 Xinchao Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.07.


Shandong Xinchao Energy Change In Inventory Historical Data

The historical data trend for Shandong Xinchao Energy'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 Xinchao Energy Change In Inventory Chart

Shandong Xinchao Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 -141.10 21.66 -35.14 44.72

Shandong Xinchao Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Xinchao Energy 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. 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.


Shandong Xinchao Energy  (SHSE:600777) Change In Inventory Explanation

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

Shandong Xinchao Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=183.4225/1214.369*365 / 4
=13.78

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

Shandong Xinchao Energy's Inventory Turnover for the quarter that ended in Sep. 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.

Shandong Xinchao Energy's Inventory to Revenue for the quarter that ended in Sep. 2023 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.


Shandong Xinchao Energy Change In Inventory Related Terms

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Shandong Xinchao Energy (SHSE:600777) Business Description

Traded in Other Exchanges
N/A
Address
No. 301, Gangcheng East Street, Floor 14, Building B, Nanshan Century Building, Laishan District, Shandong Province, Yantai, CHN
Shandong Xinchao Energy Corp Ltd is engaged in overseas oil and gas exploration, production, and sale.

Shandong Xinchao Energy (SHSE:600777) Headlines

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