Qilu Expressway Company (HKSE:01576) Change In Inventory : HK$-21 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Qilu Expressway Company Change In Inventory?

Qilu Expressway Company's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Qilu Expressway Company's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Qilu Expressway Company's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-29 Mil. It means Qilu Expressway Company's inventory increased by HK$29 Mil from Dec. 2022 to Dec. 2023 .

Qilu Expressway Company's Total Inventories for the quarter that ended in Dec. 2023 was HK$48 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Qilu Expressway Company's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Qilu Expressway Company Change In Inventory Historical Data

The historical data trend for Qilu Expressway Company'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.

Qilu Expressway Company Change In Inventory Chart

Qilu Expressway Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-1.12

-1.72

-0.05

-15.01

-29.36

Qilu Expressway Company Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial											0.82	0.97	-15.93	-5.03	-

Qilu Expressway Company 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 HK$-21 Mil.

Qilu Expressway Company (HKSE:01576) Change In Inventory Explanation

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

Qilu Expressway Company's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	35.9335	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	35.9335
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	35.9335	/	0
	=	N/A

Qilu Expressway Company Change In Inventory Related Terms

Thank you for viewing the detailed overview of Qilu Expressway Company's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Qilu Expressway Company (HKSE:01576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qilu Expressway Company Ltd (HKSE:01576) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.qlecl.com

Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

No Headlines