Huzhou Gas Co (HKSE:06661) Change In Inventory : HK$15 Mil (TTM As of Dec. 2023)

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What is Huzhou Gas Co Change In Inventory?

Huzhou Gas Co's change in inventory for the quarter that ended in Dec. 2023 was HK$4 Mil. It means Huzhou Gas Co's inventory declined by HK$4 Mil from Jun. 2023 to Dec. 2023 .

Huzhou Gas Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$15 Mil. It means Huzhou Gas Co's inventory declined by HK$15 Mil from Dec. 2022 to Dec. 2023 .

Huzhou Gas Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$17 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huzhou Gas Co's Days Inventory for the quarter that ended in Dec. 2023 was 2.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huzhou Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 63.61.

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. Huzhou Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Huzhou Gas Co Change In Inventory Historical Data

The historical data trend for Huzhou Gas 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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Huzhou Gas Co Change In Inventory Chart

Huzhou Gas Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-2.38

-7.03

-8.60

0.70

14.97

Huzhou Gas Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-10.95	3.29	-2.44	11.13	3.84

Huzhou Gas 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$15 Mil.

Huzhou Gas Co (HKSE:06661) Change In Inventory Explanation

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

Huzhou Gas 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
	=	19.387	/	1233.136	*	365 / 2
	=	2.87

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

Huzhou Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1233.136	/	19.387
	=	63.61

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.

Huzhou Gas Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.387	/	1396.762
	=	0.01

Huzhou Gas Co Change In Inventory Related Terms

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Huzhou Gas Co (HKSE:06661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Huzhou Gas Co Ltd (HKSE:06661) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Sizhong Road, Zhejiang Province, Huzhou, CHN

Website

https://www.hzrqgf.com

Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.

Executives

Bank Of Communications Co., Ltd.	2201 Interest of corporation controlled by you
Bocom International Holdings Company Limited	2201 Interest of corporation controlled by you
New Partner Intl Ltd	2101 Beneficial owner
Yu Linqiang	2101 Beneficial owner
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Dong Fang Ji Jin Guan Li Gu Fen You Xian Gong Si
Wu Shu Ying	2202 Interest of your spouse
Meng Er Hu	2201 Interest of corporation controlled by you
Yu Rong Fang	2202 Interest of your spouse
Bank Of Communications (nominee) Company Limited	2201 Interest of corporation controlled by you
Bocom International Securities Company Limited	2106 Person having a security interest in shares
Xin Ao Neng Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Ao Zhong Guo Ran Qi Tou Zi You Xian Gong Si	2101 Beneficial owner

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