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Rongsheng Petro Chemical Co (SZSE:002493) Change In Inventory : ¥0 Mil (TTM As of Dec. 2023)


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What is Rongsheng Petro Chemical Co Change In Inventory?

Rongsheng Petro Chemical Co's change in inventory for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Rongsheng Petro Chemical Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Rongsheng Petro Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1,165 Mil. It means Rongsheng Petro Chemical Co's inventory increased by ¥1,165 Mil from Dec. 2022 to Dec. 2023 .

Rongsheng Petro Chemical Co's Total Inventories for the quarter that ended in Dec. 2023 was ¥61,734 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rongsheng Petro Chemical Co's Days Inventory for the quarter that ended in Dec. 2023 was 66.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rongsheng Petro Chemical Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.38.

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. Rongsheng Petro Chemical Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.


Rongsheng Petro Chemical Co Change In Inventory Historical Data

The historical data trend for Rongsheng Petro Chemical 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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Rongsheng Petro Chemical Co Change In Inventory Chart

Rongsheng Petro Chemical 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 -15,351.63 2,997.22 -23,212.37 -13,935.03 -1,165.26

Rongsheng Petro Chemical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Rongsheng Petro Chemical 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.

* 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.


Rongsheng Petro Chemical Co  (SZSE:002493) Change In Inventory Explanation

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

Rongsheng Petro Chemical 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
=55825.196/76899.991*365 / 4
=66.24

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

Rongsheng Petro Chemical Co's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Rongsheng Petro Chemical Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=55825.196 / 86064.303
=0.65

* 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.


Rongsheng Petro Chemical Co Change In Inventory Related Terms

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Rongsheng Petro Chemical Co (SZSE:002493) Business Description

Traded in Other Exchanges
N/A
Address
No.98, Hongyang Road Yinong Town, Xiaoshan District, Hangzhou, CHN
Rongsheng Petro Chemical Co Ltd operates in the petrochemical industry. The company is specialized in the production and marketing of petrochemical and chemical fiber. Its product portfolio comprises synthetic fibers and films, synthetic raw material, synthetic resins, olefin, aromatics and phenols and oil products.

Rongsheng Petro Chemical Co (SZSE:002493) Headlines

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