Tongcheng Travel Holdings (HKSE:00780) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Tongcheng Travel Holdings Change In Inventory?

Tongcheng Travel Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Tongcheng Travel Holdings's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Tongcheng Travel Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$2 Mil. It means Tongcheng Travel Holdings's inventory declined by HK$2 Mil from Dec. 2022 to Dec. 2023 .

Tongcheng Travel Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tongcheng Travel Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 0.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tongcheng Travel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,946.20.

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. Tongcheng Travel Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Tongcheng Travel Holdings Change In Inventory Historical Data

The historical data trend for Tongcheng Travel Holdings'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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Tongcheng Travel Holdings Change In Inventory Chart

Tongcheng Travel Holdings Annual Data

Trend

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Change In Inventory

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1.78

Tongcheng Travel Holdings 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															-	-	-	-	-

Tongcheng Travel Holdings 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 HK$0 Mil.

Tongcheng Travel Holdings (HKSE:00780) Change In Inventory Explanation

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

Tongcheng Travel Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.545	/	1060.68	*	365 / 4
	=	0.05

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

Tongcheng Travel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1060.68	/	0.545
	=	1,946.20

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.

Tongcheng Travel Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.545	/	3439.434
	=	0.00

Tongcheng Travel Holdings Change In Inventory Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Change In Inventory

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TEM:Germany

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Executives

Tencent Holdings Limited
Trip.com Group Limited
Brown Brothers Harriman & Co.	2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Ctrip.com International, Ltd.
C-travel International Limited
Tch Sapphire Limited
Image Frame Investment (hk) Limited	2101 Beneficial owner
Ctrip.com (hong Kong) Limited	2101 Beneficial owner

Tongcheng Travel Holdings (HKSE:00780) Headlines

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