Dazhong Transportation (Group) Co (SHSE:900903) Change In Inventory : $0.0 Mil (TTM As of Mar. 2024)

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What is Dazhong Transportation (Group) Co Change In Inventory?

Dazhong Transportation (Group) Co's change in inventory for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Dazhong Transportation (Group) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Dazhong Transportation (Group) Co's change in inventory for the fiscal year that ended in Dec. 2023 was $161.7 Mil. It means Dazhong Transportation (Group) Co's inventory declined by $161.7 Mil from Dec. 2022 to Dec. 2023 .

Dazhong Transportation (Group) Co's Total Inventories for the quarter that ended in Mar. 2024 was $483.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dazhong Transportation (Group) Co's Days Inventory for the quarter that ended in Mar. 2024 was 585.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dazhong Transportation (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.16.

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. Dazhong Transportation (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.67.

Dazhong Transportation (Group) Co Change In Inventory Historical Data

The historical data trend for Dazhong Transportation (Group) 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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Dazhong Transportation (Group) Co Change In Inventory Chart

Dazhong Transportation (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-104.06

-88.66

-39.42

-215.16

161.69

Dazhong Transportation (Group) Co 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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Dazhong Transportation (Group) 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 $0.0 Mil.

Dazhong Transportation (Group) Co (SHSE:900903) Change In Inventory Explanation

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

Dazhong Transportation (Group) 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
	=	476.1125	/	74.143	*	365 / 4
	=	585.97

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

Dazhong Transportation (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	74.143	/	476.1125
	=	0.16

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.

Dazhong Transportation (Group) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	476.1125	/	101.89
	=	4.67

Dazhong Transportation (Group) Co Change In Inventory Related Terms

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Dazhong Transportation (Group) Co (SHSE:900903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dazhong Transportation (Group) Co Ltd (SHSE:900903) » Definitions » Change In Inventory

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Traded in Other Exchanges

600611:China

Address

No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235

Website

http://www.96822.com

Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

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