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Minmetals Development Co (SHSE:600058) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Minmetals Development Co Change In Inventory?

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

Minmetals Development Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥794 Mil. It means Minmetals Development Co's inventory declined by ¥794 Mil from Dec. 2022 to Dec. 2023 .

Minmetals Development Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥6,526 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minmetals Development Co's Days Inventory for the quarter that ended in Mar. 2024 was 30.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minmetals Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.03.

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. Minmetals Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Minmetals Development Co Change In Inventory Historical Data

The historical data trend for Minmetals Development 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.

Minmetals Development Co Change In Inventory Chart

Minmetals Development 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 -512.87 -759.00 -296.34 940.87 794.03

Minmetals Development 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 - - - - -

Minmetals Development 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 ¥0 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.

Minmetals Development Co  (SHSE:600058) Change In Inventory Explanation

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

Minmetals Development 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
=4636.0995/14055.928*365 / 4
=30.10

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

Minmetals Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=14055.928 / 4636.0995
=3.03

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=4636.0995 / 14475.86
=0.32

* 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.

Minmetals Development Co Change In Inventory Related Terms

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Minmetals Development Co (SHSE:600058) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Minmetals Development Co Ltd (SHSE:600058) » Definitions » Change In Inventory
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SZSE:300185 SHSE:688190 SHSE:605123 SHSE:603985 SZSE:301268 SHSE:603308 SZSE:002965 SZSE:300850 SZSE:300953 SZSE:002552 ESAB MLI ATI SZSE:000039 TPE:2474 CRS SHSE:688122 XTER:NDA XTER:TKA WOR
Traded in Other Exchanges
N/A
Address
Building B, No. 5 Sanlihe Road, Haiding District, Beijing, CHN, 100044
Website
http://www.minlist.com.cn
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.

Minmetals Development Co (SHSE:600058) Headlines

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