CRGGF (China Resources Gas Group) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is China Resources Gas Group Change In Inventory?

China Resources Gas Group's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means China Resources Gas Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Resources Gas Group's change in inventory for the fiscal year that ended in Dec. 2023 was $18 Mil. It means China Resources Gas Group's inventory declined by $18 Mil from Dec. 2022 to Dec. 2023 .

China Resources Gas Group's Total Inventories for the quarter that ended in Dec. 2023 was $191 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Gas Group's Days Inventory for the quarter that ended in Dec. 2023 was 5.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Gas Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 32.12.

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 Resources Gas Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

China Resources Gas Group Change In Inventory Historical Data

The historical data trend for China Resources Gas Group'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 Resources Gas Group Change In Inventory Chart

China Resources Gas Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-9.65

8.00

-13.37

-34.97

17.92

China Resources Gas Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

China Resources Gas Group 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 semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

China Resources Gas Group (OTCPK:CRGGF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	172.478	/	5540.411	*	365 / 2
	=	5.68

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

China Resources Gas Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5540.411	/	172.478
	=	32.12

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 Resources Gas Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	172.478	/	6773.836
	=	0.03

China Resources Gas Group Change In Inventory Related Terms

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China Resources Gas Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Resources Gas Group Ltd (OTCPK:CRGGF) » Definitions » Change In Inventory

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01193:Hong Kong LGX1:Germany

Address

26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcgas.com

China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2022, CRG's portfolio comprised 273 city gas projects in China. The firm achieved annual gas sales volume of 35.9 billion cubic meters and has connected 53.9 million residential customers, or a penetration rate of 58.2%.

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