CITIC (CTPCF) Change In Inventory : $-2,022 Mil (TTM As of Dec. 2023)

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What is CITIC Change In Inventory?

CITIC's change in inventory for the quarter that ended in Dec. 2023 was $-1,066 Mil. It means CITIC's inventory increased by $1,066 Mil from Jun. 2023 to Dec. 2023 .

CITIC's change in inventory for the fiscal year that ended in Dec. 2023 was $-2,025 Mil. It means CITIC's inventory increased by $2,025 Mil from Dec. 2022 to Dec. 2023 .

CITIC's Total Inventories for the quarter that ended in Dec. 2023 was $19,076 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CITIC's Days Inventory for the quarter that ended in Dec. 2023 was 67.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. CITIC's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.70.

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. CITIC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.

CITIC Change In Inventory Historical Data

The historical data trend for CITIC'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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CITIC Change In Inventory Chart

CITIC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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939.59

-3,303.71

-4,257.98

-1,073.68

-2,025.26

CITIC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-1,639.06	-1,982.39	924.68	-956.59	-1,065.83

CITIC 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 $-2,022 Mil.

CITIC (OTCPK:CTPCF) Change In Inventory Explanation

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

CITIC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16958.3685	/	45780.94	*	365 / 2
	=	67.60

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

CITIC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45780.94	/	16958.3685
	=	2.70

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16958.3685	/	69155.963
	=	0.25

CITIC Change In Inventory Related Terms

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CITIC (CTPCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (OTCPK:CTPCF) » Definitions » Change In Inventory

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Traded in Other Exchanges

CTPCY:USA 00267:Hong Kong CPF:Germany

Address

1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citic.com

CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

CITIC (CTPCF) Headlines

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