Shanxi Coking Coal Energy Group Co (SZSE:000983) Change In Inventory : ¥0 Mil (TTM As of Dec. 2023)

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What is Shanxi Coking Coal Energy Group Co Change In Inventory?

Shanxi Coking Coal Energy Group Co's change in inventory for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Shanxi Coking Coal Energy Group Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Shanxi Coking Coal Energy Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥316 Mil. It means Shanxi Coking Coal Energy Group Co's inventory declined by ¥316 Mil from Dec. 2022 to Dec. 2023 .

Shanxi Coking Coal Energy Group Co's Total Inventories for the quarter that ended in Dec. 2023 was ¥1,871 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanxi Coking Coal Energy Group Co's Days Inventory for the quarter that ended in Dec. 2023 was 21.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanxi Coking Coal Energy Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.34.

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. Shanxi Coking Coal Energy Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Shanxi Coking Coal Energy Group Co Change In Inventory Historical Data

The historical data trend for Shanxi Coking Coal Energy 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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Shanxi Coking Coal Energy Group Co Change In Inventory Chart

Shanxi Coking Coal Energy Group Co Annual Data

Trend

Dec14

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Dec16

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Dec22

Dec23

Change In Inventory

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344.47

311.45

-873.06

1,712.75

315.80

Shanxi Coking Coal Energy Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Shanxi Coking Coal Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shanxi Coking Coal Energy Group Co (SZSE:000983) Change In Inventory Explanation

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

Shanxi Coking Coal Energy 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
	=	2270.8555	/	9848.336	*	365 / 4
	=	21.04

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

Shanxi Coking Coal Energy Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9848.336	/	2270.8555
	=	4.34

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.

Shanxi Coking Coal Energy Group Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2270.8555	/	14826.335
	=	0.15

Shanxi Coking Coal Energy Group Co Change In Inventory Related Terms

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Shanxi Coking Coal Energy Group Co (SZSE:000983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanxi Coking Coal Energy Group Co Ltd (SZSE:000983) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053

Website

http://www.xsmd.com.cn

Shanxi Coking Coal Energy Group Co Ltd formerly Shanxi Xishan Coal And Electricity Power Co Ltd is a China-based company engaged in coal mining and processing, coal mining machine manufacturing, and electrical equipment repair. The business scope of the company includes coal sales, washing and processing; power generation; power procurement and sales; power facilities, transportation and maintenance; equipment cleaning, cleaning services, technology development, technology transfer, technical consulting, laboratory testing, mechanical and electrical repair, material processing, energy-saving renovation New energy management; mine development design and construction; mining and power equipment production and operation and coal mining.

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