Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Change In Inventory : $0.00 Mil (TTM As of Jun. 2009)

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What is Changming Industrial Management Group Holding Change In Inventory?

Changming Industrial Management Group Holding's change in inventory for the quarter that ended in Jun. 2009 was $0.00 Mil. It means Changming Industrial Management Group Holding's inventory stayed the same from Mar. 2009 to Jun. 2009 .

Changming Industrial Management Group Holding's change in inventory for the fiscal year that ended in May. 2008 was $0.00 Mil. It means Changming Industrial Management Group Holding's inventory stayed the same from May. 2007 to May. 2008 .

Changming Industrial Management Group Holding's Total Inventories for the quarter that ended in Jun. 2009 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Changming Industrial Management Group Holding's Days Inventory for the quarter that ended in Jun. 2009 was 0.00.

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

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. Changming Industrial Management Group Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2009 was 0.00.

Changming Industrial Management Group Holding Change In Inventory Historical Data

The historical data trend for Changming Industrial Management Group Holding'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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Changming Industrial Management Group Holding Change In Inventory Chart

Changming Industrial Management Group Holding Annual Data

Trend

May07

May08

Change In Inventory

Changming Industrial Management Group Holding Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Sep08	Dec08	Mar09	Jun09
Change In Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Changming Industrial Management Group Holding 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 Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Changming Industrial Management Group Holding (OTCPK:CMIM) Change In Inventory Explanation

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

Changming Industrial Management Group Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.048	*	365 / 4
	=	0.00

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

Changming Industrial Management Group Holding's Inventory Turnover for the quarter that ended in Jun. 2009 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.048	/	0
	=	N/A

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.

Changming Industrial Management Group Holding's Inventory to Revenue for the quarter that ended in Jun. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.061
	=	0.00

Changming Industrial Management Group Holding Change In Inventory Related Terms

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Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.sxcmky.com

Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

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