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China Shipbuilding Industry (SHSE:601989) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is China Shipbuilding Industry Change In Inventory?

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

China Shipbuilding Industry's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-4,251 Mil. It means China Shipbuilding Industry's inventory increased by ¥4,251 Mil from Dec. 2022 to Dec. 2023 .

China Shipbuilding Industry's Total Inventories for the quarter that ended in Mar. 2024 was ¥29,630 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Shipbuilding Industry's Days Inventory for the quarter that ended in Mar. 2024 was 301.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Shipbuilding Industry's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

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. China Shipbuilding Industry's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.87.


China Shipbuilding Industry Change In Inventory Historical Data

The historical data trend for China Shipbuilding Industry'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.

China Shipbuilding Industry Change In Inventory Chart

China Shipbuilding Industry 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 -4,095.29 -1,013.35 -891.52 -731.81 -4,251.03

China Shipbuilding Industry 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 - - - - -

China Shipbuilding Industry 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.


China Shipbuilding Industry  (SHSE:601989) Change In Inventory Explanation

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

China Shipbuilding Industry's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=29150.922/8836.039*365 / 4
=301.04

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

China Shipbuilding Industry's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

China Shipbuilding Industry's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=29150.922 / 10167.089
=2.87

* 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.


China Shipbuilding Industry Change In Inventory Related Terms

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China Shipbuilding Industry (SHSE:601989) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097
China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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