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Changzheng Engineering Technology Co (SHSE:603698) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)


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What is Changzheng Engineering Technology Co Change In Inventory?

Changzheng Engineering Technology Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Changzheng Engineering Technology Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Changzheng Engineering Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-95 Mil. It means Changzheng Engineering Technology Co's inventory increased by ¥95 Mil from Dec. 2022 to Dec. 2023 .

Changzheng Engineering Technology Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥197 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Changzheng Engineering Technology Co's Days Inventory for the quarter that ended in Jun. 2024 was 42.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Changzheng Engineering Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.15.

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. Changzheng Engineering Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.35.


Changzheng Engineering Technology Co Change In Inventory Historical Data

The historical data trend for Changzheng Engineering Technology 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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Changzheng Engineering Technology Co Change In Inventory Chart

Changzheng Engineering Technology 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 -74.46 -135.23 136.25 45.21 -95.39

Changzheng Engineering Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Changzheng Engineering Technology 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 Jun. 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.


Changzheng Engineering Technology Co  (SHSE:603698) Change In Inventory Explanation

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

Changzheng Engineering Technology 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
=303.9175/652.584*365 / 4
=42.50

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

Changzheng Engineering Technology Co's Inventory Turnover for the quarter that ended in Jun. 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.

Changzheng Engineering Technology Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

* 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.


Changzheng Engineering Technology Co Change In Inventory Related Terms

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Changzheng Engineering Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 141, Jinghai 4th Road, Beijing Economic and Technological Development Zone, Ludong District, Beijing, CHN, 101111
Changzheng Engineering Co Ltd is the National Technology Engineering Research Center for Pulverized Coal Pressurized Gasification in the industry. The company provides various services such as Simulation training, Driving service, Zero inventory service, Remote service, and others. Its project construction involves Ruixing Project, Xinjiang Manais 40/60 project, Ammonia plant with 300 thousand tons/year of Anhui Haoyuan Chemical Company, and others.

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