Shandong Yulong Gold Co (SHSE:601028) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

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What is Shandong Yulong Gold Co Change In Inventory?

Shandong Yulong Gold Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Shandong Yulong Gold Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Shandong Yulong Gold Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥714 Mil. It means Shandong Yulong Gold Co's inventory declined by ¥714 Mil from Dec. 2022 to Dec. 2023 .

Shandong Yulong Gold Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥73 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Yulong Gold Co's Days Inventory for the quarter that ended in Sep. 2024 was 39.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Yulong Gold Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.29.

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. Shandong Yulong Gold Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.18.

Shandong Yulong Gold Co Change In Inventory Historical Data

The historical data trend for Shandong Yulong Gold 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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Shandong Yulong Gold Co Change In Inventory Chart

Shandong Yulong Gold Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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7.04

-539.25

562.38

-883.45

714.23

Shandong Yulong Gold Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shandong Yulong Gold 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shandong Yulong Gold Co (SHSE:601028) Change In Inventory Explanation

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

Shandong Yulong Gold 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
	=	73.928	/	169.444	*	365 / 4
	=	39.81

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

Shandong Yulong Gold Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	169.444	/	73.928
	=	2.29

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.

Shandong Yulong Gold Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	73.928	/	418.674
	=	0.18

Shandong Yulong Gold Co Change In Inventory Related Terms

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Shandong Yulong Gold Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shandong Yulong Gold Co Ltd (SHSE:601028) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15 Yulong road, Yuqi Town, Wuxi, CHN, 214183

Website

http://www.yulongsteelpipe.com

Shandong Yulong Gold Co Ltd, formerly Jiangsu Yulong Steel Pipe Co Ltd is a China-based company primarily engaged in the business of steel pipes. The company's products include SAWH steel pipes, high-frequency longitudinal resistance welded pipes, rectangular steel pipes, 3PP/3PE/FBE anticorrosive pipes, corrosion steel pipes, and alloy-steel pipes. The products are widely used in the area of petroleum, petrochemical, natural gas, shale gas, pulp, water transportation and large steel structure. Geographically, the activities are carried out through China, however, its holds presence in both Chinese and international market.

Executives

Lu Fen Qi	Directors, senior managers
Liang Hai Tao	senior management
Liu Feng Yu	senior management
Wang Zhen Dong	senior management
Gao Feng	senior management
Meng Lu Sheng	Supervisors
Yan Bing Chao	senior management
Zhang Peng	Director
Niu Lei	Director
Li Zhen Chuan	Director
Wang Jian Ping	Director
Lv Yan Qing	senior management
Tang Ke Jun	Director
Tang Yong Qing	Director
Yao Guang Li	senior management

Shandong Yulong Gold Co Headlines

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