Shaanxi Construction Machinery Co (SHSE:600984) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shaanxi Construction Machinery Co Change In Inventory?

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

Shaanxi Construction Machinery Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-25 Mil. It means Shaanxi Construction Machinery Co's inventory increased by ¥25 Mil from Dec. 2022 to Dec. 2023 .

Shaanxi Construction Machinery Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥406 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shaanxi Construction Machinery Co's Days Inventory for the quarter that ended in Mar. 2024 was 60.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shaanxi Construction Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

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. Shaanxi Construction Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Shaanxi Construction Machinery Co Change In Inventory Historical Data

The historical data trend for Shaanxi Construction Machinery 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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Shaanxi Construction Machinery Co Change In Inventory Chart

Shaanxi Construction Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-75.93

-32.82

-89.36

77.15

-24.95

Shaanxi Construction Machinery 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															-	-	-	-	-

Shaanxi Construction Machinery 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.

Shaanxi Construction Machinery Co (SHSE:600984) Change In Inventory Explanation

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

Shaanxi Construction Machinery 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
	=	379.3795	/	575.35	*	365 / 4
	=	60.17

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

Shaanxi Construction Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	575.35	/	379.3795
	=	1.52

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.

Shaanxi Construction Machinery Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	379.3795	/	507.919
	=	0.75

Shaanxi Construction Machinery Co Change In Inventory Related Terms

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Shaanxi Construction Machinery Co (SHSE:600984) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shaanxi Construction Machinery Co Ltd (SHSE:600984) » Definitions » Change In Inventory

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Address

No. 418 Jinhua North Road, Shanxi, Xi'an, CHN, 710032

Website

http://www.scmc-xa.com

Shaanxi Construction Machinery Co Ltd in China is mainly engaged in the research, development, manufacturing, and sales of road construction machinery and large steel structure products. It is primarily involved in the activities of building lease, road machinery, pile machinery, steel structure, road construction and others. Geographically, it operates through the china.

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