Guanwei Recycling (Guanwei Recycling) Change In Inventory : $-0.05 Mil (TTM As of Dec. 2015)

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What is Guanwei Recycling Change In Inventory?

Guanwei Recycling's change in inventory for the quarter that ended in Dec. 2015 was $-0.05 Mil. It means Guanwei Recycling's inventory increased by $0.05 Mil from Dec. 2014 to Dec. 2015 .

Guanwei Recycling's change in inventory for the fiscal year that ended in Dec. 2015 was $-0.05 Mil. It means Guanwei Recycling's inventory increased by $0.05 Mil from Dec. 2014 to Dec. 2015 .

Guanwei Recycling's Total Inventories for the quarter that ended in Dec. 2015 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guanwei Recycling's Days Inventory for the quarter that ended in Dec. 2015 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. Guanwei Recycling's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.00.

Guanwei Recycling Change In Inventory Historical Data

The historical data trend for Guanwei Recycling'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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Guanwei Recycling Change In Inventory Chart

Guanwei Recycling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Change In Inventory

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-8.37

-1.70

4.50

0.22

-0.05

Guanwei Recycling Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15
Change In Inventory	Get a 7-Day Free Trial			-8.37	-1.70	4.50	0.22	-0.05

Guanwei Recycling Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2015 was $-0.05 Mil.

Guanwei Recycling (GREY:GPRC) Change In Inventory Explanation

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

Guanwei Recycling'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	/	0.544	*	365 / 2
	=	0.00

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

Guanwei Recycling's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.544	/	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.

Guanwei Recycling's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.255
	=	0.00

Guanwei Recycling Change In Inventory Related Terms

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Guanwei Recycling (Guanwei Recycling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guanwei Recycling Corp (GREY:GPRC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rong Qiao Economic Zone, Fuqing City, Fujian, CHN, 350301

Website

http://www.guanweirecycling.com

Guanwei Recycling Corp is a plastic recycling company. It is primarily engaged in the manufacture and distribution of low-density polyethylene and other recycled plastic products using the imported raw material in the form of plastic waste. The plastic polymers include Polyethylene terephthalate, High-density polyethylene, Polyvinyl chloride, Low-density polyethylene, Polypropylene, and Polystyrene. Geographically, the activities of the group are functioned through China.

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