Xinjiang Xinxin Mining Industry Co (HKSE:03833) Change In Inventory : HK$355 Mil (TTM As of Jun. 2024)

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What is Xinjiang Xinxin Mining Industry Co Change In Inventory?

Xinjiang Xinxin Mining Industry Co's change in inventory for the quarter that ended in Jun. 2024 was HK$136 Mil. It means Xinjiang Xinxin Mining Industry Co's inventory declined by HK$136 Mil from Dec. 2023 to Jun. 2024 .

Xinjiang Xinxin Mining Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$77 Mil. It means Xinjiang Xinxin Mining Industry Co's inventory declined by HK$77 Mil from Dec. 2022 to Dec. 2023 .

Xinjiang Xinxin Mining Industry Co's Total Inventories for the quarter that ended in Jun. 2024 was HK$1,249 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xinjiang Xinxin Mining Industry Co's Days Inventory for the quarter that ended in Jun. 2024 was 293.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinjiang Xinxin Mining Industry Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.62.

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. Xinjiang Xinxin Mining Industry Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.16.

Xinjiang Xinxin Mining Industry Co Change In Inventory Historical Data

The historical data trend for Xinjiang Xinxin Mining Industry 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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Xinjiang Xinxin Mining Industry Co Change In Inventory Chart

Xinjiang Xinxin Mining Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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90.24

-77.84

116.53

76.65

Xinjiang Xinxin Mining Industry 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															-138.28	-142.33	218.98	135.59	-

Xinjiang Xinxin Mining Industry 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$355 Mil.

Xinjiang Xinxin Mining Industry Co (HKSE:03833) Change In Inventory Explanation

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

Xinjiang Xinxin Mining Industry 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
	=	1326.7865	/	824.32	*	365 / 2
	=	293.74

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

Xinjiang Xinxin Mining Industry Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	824.32	/	1326.7865
	=	0.62

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.

Xinjiang Xinxin Mining Industry Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1326.7865	/	1146.892
	=	1.16

Xinjiang Xinxin Mining Industry Co Change In Inventory Related Terms

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Xinjiang Xinxin Mining Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Xinxin Mining Industry Co Ltd (HKSE:03833) » Definitions » Change In Inventory

Traded in Other Exchanges

33X1:Germany

Address

Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN

Website

http://kunlun.wsfg.hk

Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.

Executives

Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Sha Men Tou Zi You Xian Gong Si	2101 Beneficial owner

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