Gansu Engineering Consulting Group Co (SZSE:000779) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Gansu Engineering Consulting Group Co Change In Inventory?

Gansu Engineering Consulting Group Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Gansu Engineering Consulting Group Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Gansu Engineering Consulting Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥14 Mil. It means Gansu Engineering Consulting Group Co's inventory declined by ¥14 Mil from Dec. 2022 to Dec. 2023 .

Gansu Engineering Consulting Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥32 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gansu Engineering Consulting Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 10.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gansu Engineering Consulting Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.42.

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. Gansu Engineering Consulting Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Gansu Engineering Consulting Group Co Change In Inventory Historical Data

The historical data trend for Gansu Engineering Consulting 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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Gansu Engineering Consulting Group Co Change In Inventory Chart

Gansu Engineering Consulting Group 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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122.10

-191.67

-24.33

195.24

13.71

Gansu Engineering Consulting Group Co 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															-	-	-	-	-

Gansu Engineering Consulting 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 Mil.

Gansu Engineering Consulting Group Co (SZSE:000779) Change In Inventory Explanation

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

Gansu Engineering Consulting 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
	=	31.552	/	265.512	*	365 / 4
	=	10.84

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

Gansu Engineering Consulting 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
	=	265.512	/	31.552
	=	8.42

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.

Gansu Engineering Consulting Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	31.552	/	430.56
	=	0.07

Gansu Engineering Consulting Group Co Change In Inventory Related Terms

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Gansu Engineering Consulting Group Co (SZSE:000779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gansu Engineering Consulting Group Co Ltd (SZSE:000779) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 4800 Guazhou Road, Guotou Building, Qilihe District, Gansu Province, Lanzhou, CHN

Website

http://www.gsgczx.cn

Gansu Engineering Consulting Group Co Ltd is an engineering consulting service company. The company is engaged in consulting services such as planning consulting, consulting evaluation, engineering design, testing and certification, project management, management consulting, and others. It is focused on national and local governments, with transportation infrastructure, water conservancy, hydropower and other infrastructure construction fields and industries.

Executives

Jia Ping	Directors, executives
Wang Wei	Executives
Qiao Gan Ying	Supervisors

Gansu Engineering Consulting Group Co (SZSE:000779) Headlines

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