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Zhongjin Gold (SHSE:600489) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Zhongjin Gold Change In Inventory?

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

Zhongjin Gold's change in inventory for the fiscal year that ended in Dec. 2023 was ¥224 Mil. It means Zhongjin Gold's inventory declined by ¥224 Mil from Dec. 2022 to Dec. 2023 .

Zhongjin Gold's Total Inventories for the quarter that ended in Mar. 2024 was ¥12,059 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongjin Gold's Days Inventory for the quarter that ended in Mar. 2024 was 95.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongjin Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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. Zhongjin Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.89.

Zhongjin Gold Change In Inventory Historical Data

The historical data trend for Zhongjin Gold'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.

Zhongjin Gold Change In Inventory Chart

Zhongjin Gold 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 -1,590.27 -185.04 -118.92 423.30 224.19

Zhongjin Gold 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 - - - - -

Zhongjin Gold 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.

Zhongjin Gold  (SHSE:600489) Change In Inventory Explanation

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

Zhongjin Gold's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=11728.7045/11227.992*365 / 4
=95.32

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

Zhongjin Gold's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=11227.992 / 11728.7045
=0.96

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.

Zhongjin Gold's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11728.7045 / 13164.078
=0.89

* 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.

Zhongjin Gold Change In Inventory Related Terms

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Zhongjin Gold (SHSE:600489) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhongjin Gold Corp Ltd (SHSE:600489) » Definitions » Change In Inventory
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SHSE:600988 SHSE:600547 SHSE:601069 SZSE:001337 SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV MIC:PLZL JSE:GFI ASX:NST AU TSX:K RGLD TSX:PAAS TSX:AGI HKSE:01818 JSE:HAR
Traded in Other Exchanges
N/A
Address
Beijing on the 9th Street, Dongcheng District, Beijing, CHN, 100011
Website
http://www.zjgold.com
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
Executives
Xu Hong Director

Zhongjin Gold (SHSE:600489) Headlines

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