Chongqing Gas Group (SHSE:600917) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Chongqing Gas Group Change In Inventory?

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

Chongqing Gas Group's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-11 Mil. It means Chongqing Gas Group's inventory increased by ¥11 Mil from Dec. 2022 to Dec. 2023 .

Chongqing Gas Group's Total Inventories for the quarter that ended in Mar. 2024 was ¥66 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Gas Group's Days Inventory for the quarter that ended in Mar. 2024 was 2.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Gas Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 38.51.

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 Gas Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Chongqing Gas Group Change In Inventory Historical Data

The historical data trend for Chongqing Gas Group'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 Gas Group Change In Inventory Chart

Chongqing Gas Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-9.49

1.43

-10.31

26.48

-10.53

Chongqing Gas Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Chongqing Gas Group 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.

Chongqing Gas Group (SHSE:600917) Change In Inventory Explanation

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

Chongqing Gas Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	68.584	/	2641.031	*	365 / 4
	=	2.37

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

Chongqing Gas Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2641.031	/	68.584
	=	38.51

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 Gas Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.584	/	2702.817
	=	0.03

Chongqing Gas Group Change In Inventory Related Terms

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Chongqing Gas Group (SHSE:600917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chongqing Gas Group Corporation Ltd (SHSE:600917) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Jiangbei District Court, a small village on the 30th, Chongqing, CHN, 400020

Website

http://www.cqgas.cn

Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.

Executives

Wang Song Qiu	Director
Li Jin Yan	senior management
Fu Xiu Ping	senior management
Wu Can Guang	Director
Jiang Ying Hui	senior management
Wang Ji Wu	Director
Wen Xiao Song	senior management

Chongqing Gas Group (SHSE:600917) Headlines

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