Chongqing Machinery & Electric Co (HKSE:02722) Change In Inventory : HK$324 Mil (TTM As of Dec. 2024)

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What is Chongqing Machinery & Electric Co Change In Inventory?

Chongqing Machinery & Electric Co's change in inventory for the quarter that ended in Dec. 2024 was HK$279 Mil. It means Chongqing Machinery & Electric Co's inventory declined by HK$279 Mil from Jun. 2024 to Dec. 2024 .

Chongqing Machinery & Electric Co's change in inventory for the fiscal year that ended in Dec. 2024 was HK$323 Mil. It means Chongqing Machinery & Electric Co's inventory declined by HK$323 Mil from Dec. 2023 to Dec. 2024 .

Chongqing Machinery & Electric Co's Total Inventories for the quarter that ended in Dec. 2024 was HK$1,890 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Machinery & Electric Co's Days Inventory for the quarter that ended in Dec. 2024 was 91.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Machinery & Electric Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.98.

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. Chongqing Machinery & Electric Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.42.

Chongqing Machinery & Electric Co Change In Inventory Historical Data

The historical data trend for Chongqing Machinery & Electric 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.

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Chongqing Machinery & Electric Co Change In Inventory Chart

Chongqing Machinery & Electric Co Annual Data

Trend

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Dec24

Change In Inventory

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-277.19

323.36

Chongqing Machinery & Electric Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-246.40	-30.79	45.11	278.62

Chongqing Machinery & Electric 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$324 Mil.

Chongqing Machinery & Electric Co (HKSE:02722) Change In Inventory Explanation

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

Chongqing Machinery & Electric 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
	=	2101.3285	/	4169.797	*	365 / 2
	=	91.97

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

Chongqing Machinery & Electric Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4169.797	/	2101.3285
	=	1.98

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.

Chongqing Machinery & Electric Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2101.3285	/	5011.193
	=	0.42

Chongqing Machinery & Electric Co Change In Inventory Related Terms

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Chongqing Machinery & Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Machinery & Electric Co Ltd (HKSE:02722) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CE3:Germany

Address

No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, CHN, 401123

Website

https://www.chinacqme.com

Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engine division, General machinery division, General machinery division, Wire and cable division, Intelligent manufacturing division, CNC machine tools division, High voltage transformer division, Material sales division, Financial services division and Other divisions.

Executives

Chong Qing Yu Fu Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Ji Dian Kong Gu Ji Tuan Gong Si	2101 Beneficial owner

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