Concord New Energy Group (STU:HK51) Change In Inventory : €0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Concord New Energy Group Change In Inventory?

Concord New Energy Group's change in inventory for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Concord New Energy Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Concord New Energy Group's change in inventory for the fiscal year that ended in Dec. 2023 was €-3.4 Mil. It means Concord New Energy Group's inventory increased by €3.4 Mil from Dec. 2022 to Dec. 2023 .

Concord New Energy Group's Total Inventories for the quarter that ended in Dec. 2023 was €5.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Concord New Energy Group's Days Inventory for the quarter that ended in Dec. 2023 was 19.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Concord New Energy Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.20.

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. Concord New Energy Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Concord New Energy Group Change In Inventory Historical Data

The historical data trend for Concord New Energy Group'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.

Concord New Energy Group Change In Inventory Chart

Concord New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.97

-0.41

-2.20

-4.27

-3.40

Concord New Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Concord New Energy Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Concord New Energy Group (STU:HK51) Change In Inventory Explanation

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

Concord New Energy Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.355	/	76.826	*	365 / 2
	=	19.85

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

Concord New Energy Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76.826	/	8.355
	=	9.20

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.

Concord New Energy Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.355	/	97.21
	=	0.09

Concord New Energy Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Concord New Energy Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Concord New Energy Group (STU:HK51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Concord New Energy Group Ltd (STU:HK51) » Definitions » Change In Inventory

Traded in Other Exchanges

CWPWF:USA 00182:Hong Kong

Address

16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.cnegroup.com

Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.

Concord New Energy Group (STU:HK51) Headlines

No Headlines