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Sinofert Holdings (FRA:WCQ1) Change In Inventory : €0 Mil (TTM As of Dec. 2023)


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What is Sinofert Holdings Change In Inventory?

Sinofert Holdings's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Sinofert Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Sinofert Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was €-8 Mil. It means Sinofert Holdings's inventory increased by €8 Mil from Dec. 2022 to Dec. 2023 .

Sinofert Holdings's Total Inventories for the quarter that ended in Dec. 2023 was €730 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinofert Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 115.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinofert Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.57.

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. Sinofert Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.


Sinofert Holdings Change In Inventory Historical Data

The historical data trend for Sinofert Holdings'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.

Sinofert Holdings Change In Inventory Chart

Sinofert Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.89 -3.18 63.91 -164.13 -7.58

Sinofert Holdings 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 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 - - - - -

Sinofert Holdings 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.

* 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.


Sinofert Holdings  (FRA:WCQ1) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=643.7445/1013.411*365 / 2
=115.93

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

Sinofert Holdings'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.

Sinofert Holdings's Inventory to Revenue for the quarter that ended in Dec. 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.


Sinofert Holdings Change In Inventory Related Terms

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Sinofert Holdings (FRA:WCQ1) Business Description

Traded in Other Exchanges
Address
1 Harbour Road, Units 4705, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
Sinofert Holdings Ltd is an investment holding company. The company operates in two segments: Basic Fertilizers Segment, Distribution Segment, and Production Segment. The Basic Fertilizers Segment is engaged in the sales of straight fertilizers such as nitrogen, phosphate, and potash. The Distribution segment engages in the building of distribution channels, procurement, and sales of compound fertilizers and new types of fertilizers. The Production Segment is responsible for the production and sales of fertilizers and MCP/DCP. The majority of its revenue comes from the Basic Fertilizers segment. Geographically, the company generates majority of its revenue from Mainland China.

Sinofert Holdings (FRA:WCQ1) Headlines

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