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PetroChina Co (HKSE:00857) Change In Inventory : HK$-35,686 Mil (TTM As of Mar. 2024)


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What is PetroChina Co Change In Inventory?

PetroChina Co's change in inventory for the quarter that ended in Mar. 2024 was HK$0 Mil. It means PetroChina Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

PetroChina Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-20,993 Mil. It means PetroChina Co's inventory increased by HK$20,993 Mil from Dec. 2022 to Dec. 2023 .

PetroChina Co's Total Inventories for the quarter that ended in Mar. 2024 was HK$183,934 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PetroChina Co's Days Inventory for the quarter that ended in Mar. 2024 was 24.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. PetroChina Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.68.

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. PetroChina Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.


PetroChina Co Change In Inventory Historical Data

The historical data trend for PetroChina Co'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.

PetroChina Co Change In Inventory Chart

PetroChina Co 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 -6,258.11 51,738.21 -19,455.56 -36,259.73 -20,992.90

PetroChina Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14,321.72 -15,783.25 -19,902.98 - -

PetroChina Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-35,686 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.


PetroChina Co  (HKSE:00857) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=190698.417/702480.741*365 / 4
=24.77

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

PetroChina Co's Inventory Turnover for the quarter that ended in Mar. 2024 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.

PetroChina Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=190698.417 / 882276.669
=0.22

* 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.


PetroChina Co Change In Inventory Related Terms

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PetroChina Co (HKSE:00857) Business Description

Traded in Other Exchanges
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

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