China MeiDong Auto Holdings (China MeiDong Auto Holdings) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is China MeiDong Auto Holdings Change In Inventory?

China MeiDong Auto Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means China MeiDong Auto Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China MeiDong Auto Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $13 Mil. It means China MeiDong Auto Holdings's inventory declined by $13 Mil from Dec. 2022 to Dec. 2023 .

China MeiDong Auto Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $134 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China MeiDong Auto Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 12.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. China MeiDong Auto Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.09.

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 MeiDong Auto Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

China MeiDong Auto Holdings Change In Inventory Historical Data

The historical data trend for China MeiDong Auto Holdings'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.

China MeiDong Auto Holdings Change In Inventory Chart

China MeiDong Auto Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

41.89

6.91

29.94

-17.93

13.39

China MeiDong Auto Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

China MeiDong Auto Holdings 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 Mil.

China MeiDong Auto Holdings (OTCPK:CMEIF) Change In Inventory Explanation

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

China MeiDong Auto Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	133.075	/	1875.161	*	365 / 2
	=	12.95

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

China MeiDong Auto Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1875.161	/	133.075
	=	14.09

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 MeiDong Auto Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	133.075	/	2025.977
	=	0.07

China MeiDong Auto Holdings Change In Inventory Related Terms

Thank you for viewing the detailed overview of China MeiDong Auto Holdings's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China MeiDong Auto Holdings (China MeiDong Auto Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China MeiDong Auto Holdings Ltd (OTCPK:CMEIF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

01268:Hong Kong 55M:Germany

Address

13th Floor, Unit A1, Huangjin Road, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN

Website

http://www.meidongauto.com

China MeiDong Auto Holdings Ltd is an investment holding company, which is engaged in the sale of automobiles and the provision of integrated services. The group operates 4S dealership stores covering world-renowned brands which are popular among Chinese consumers, including BMW, Lexus, Toyota and Hyundai, and others. It derives revenue primarily from the sale of passenger vehicles and by providing after-sales services and geographically all the operations function through the region of China.