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Shanxi Meijin Energy Co (SZSE:000723) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Shanxi Meijin Energy Co Change In Inventory?

Shanxi Meijin Energy Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanxi Meijin Energy Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shanxi Meijin Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-30 Mil. It means Shanxi Meijin Energy Co's inventory increased by ¥30 Mil from Dec. 2022 to Dec. 2023 .

Shanxi Meijin Energy Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,152 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanxi Meijin Energy Co's Days Inventory for the quarter that ended in Mar. 2024 was 27.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanxi Meijin Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.36.

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 Meijin Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.


Shanxi Meijin Energy Co Change In Inventory Historical Data

The historical data trend for Shanxi Meijin Energy 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.

* Premium members only.

Shanxi Meijin Energy Co Change In Inventory Chart

Shanxi Meijin Energy 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 899.61 279.68 -591.38 44.31 -30.25

Shanxi Meijin Energy 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 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 - - - - -

Shanxi Meijin Energy 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.

* 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.


Shanxi Meijin Energy Co  (SZSE:000723) Change In Inventory Explanation

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

Shanxi Meijin Energy 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
=1261.615/4244.893*365 / 4
=27.12

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

Shanxi Meijin Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 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.

Shanxi Meijin Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Shanxi Meijin Energy Co Change In Inventory Related Terms

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Shanxi Meijin Energy Co (SZSE:000723) Business Description

Traded in Other Exchanges
N/A
Address
No. 92 Fuxi Street, Tianlongcang Building, 12F, Taiyuan, Shanxi, CHN, 030002
Shanxi Meijin Energy Co Ltd is a petroleum processing, coking and nuclear fuel processing company.
Executives
Yang Jun Qin Supervisors
Zhou Xiao Hong Executives
Zheng Cai Xia Directors, executives
Zhu Qing Hua Directors, Directors, and Executives
Liang Gang Ming Director
Liu Xiang Qian Director

Shanxi Meijin Energy Co (SZSE:000723) Headlines

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