Daqin Railway Co (SHSE:601006) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Daqin Railway Co Change In Inventory?

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

Daqin Railway Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-87 Mil. It means Daqin Railway Co's inventory increased by ¥87 Mil from Dec. 2022 to Dec. 2023 .

Daqin Railway Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,925 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daqin Railway Co's Days Inventory for the quarter that ended in Mar. 2024 was 12.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daqin Railway Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.49.

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. Daqin Railway Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Daqin Railway Co Change In Inventory Historical Data

The historical data trend for Daqin Railway 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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Daqin Railway Co Change In Inventory Chart

Daqin Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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46.44

-345.30

153.51

-144.03

-86.72

Daqin Railway 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															-	-	-	-	-

Daqin Railway 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.

Daqin Railway Co (SHSE:601006) Change In Inventory Explanation

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

Daqin Railway 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
	=	1921.266	/	14390.333	*	365 / 4
	=	12.18

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

Daqin Railway Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14390.333	/	1921.266
	=	7.49

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.

Daqin Railway Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1921.266	/	18268.457
	=	0.11

Daqin Railway Co Change In Inventory Related Terms

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Daqin Railway Co (SHSE:601006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daqin Railway Co Ltd (SHSE:601006) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005

Website

http://www.daqintielu.com

Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.

Executives

Yang Hong Ming

Director

Daqin Railway Co (SHSE:601006) Headlines

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