China Merchants Energy Shipping Co (SHSE:601872) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is China Merchants Energy Shipping Co Change In Inventory?

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

China Merchants Energy Shipping Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥110 Mil. It means China Merchants Energy Shipping Co's inventory declined by ¥110 Mil from Dec. 2022 to Dec. 2023 .

China Merchants Energy Shipping Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,352 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Merchants Energy Shipping Co's Days Inventory for the quarter that ended in Mar. 2024 was 27.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Merchants Energy Shipping Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.35.

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. China Merchants Energy Shipping Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

China Merchants Energy Shipping Co Change In Inventory Historical Data

The historical data trend for China Merchants Energy Shipping 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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China Merchants Energy Shipping Co Change In Inventory Chart

China Merchants Energy Shipping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-85.90

131.10

-207.32

21.89

110.40

China Merchants Energy Shipping 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															-	-	-	-	-

China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co (SHSE:601872) Change In Inventory Explanation

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

China Merchants Energy Shipping 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
	=	1332.7225	/	4464.206	*	365 / 4
	=	27.24

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

China Merchants Energy Shipping Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4464.206	/	1332.7225
	=	3.35

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.

China Merchants Energy Shipping Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1332.7225	/	6253.797
	=	0.21

China Merchants Energy Shipping Co Change In Inventory Related Terms

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China Merchants Energy Shipping Co (SHSE:601872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Merchants Energy Shipping Co Ltd (SHSE:601872) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002

Website

http://www.cmenergyshipping.com

China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

Executives

Hu Bin	senior management
Deng Wei Dong	Director
Wang Yong Xin	Directors, senior managers
Xu Hui	senior management
Kong Kang	senior management
Yan Wu Shan	senior management
Su Xin Gang	Director
Ding Lei	senior management
Xie Chun Lin	Director
Song De Xing	Director
Lv Sheng Zhou	Director

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