Shengfeng Development (Shengfeng Development) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Shengfeng Development Change In Inventory?

Shengfeng Development's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Shengfeng Development's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Shengfeng Development's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Shengfeng Development's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Shengfeng Development's Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shengfeng Development's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Shengfeng Development's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Shengfeng Development Change In Inventory Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development Change In Inventory Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.81

0.78

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			0.27	-	-	-	-

Shengfeng Development 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.

Shengfeng Development (NAS:SFWL) Change In Inventory Explanation

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

Shengfeng Development'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	/	195.42	*	365 / 2
	=	0.00

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

Shengfeng Development's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	195.42	/	0
	=	N/A

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.

Shengfeng Development's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	219.15
	=	0.00

Shengfeng Development Change In Inventory Related Terms

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Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

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