CN Energy Group (CN Energy Group) Change In Inventory : $-2.36 Mil (TTM As of Sep. 2023)

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What is CN Energy Group Change In Inventory?

CN Energy Group's change in inventory for the quarter that ended in Sep. 2023 was $0.04 Mil. It means CN Energy Group's inventory declined by $0.04 Mil from Mar. 2023 to Sep. 2023 .

CN Energy Group's change in inventory for the fiscal year that ended in Sep. 2023 was $-2.36 Mil. It means CN Energy Group's inventory increased by $2.36 Mil from Sep. 2022 to Sep. 2023 .

CN Energy Group's Total Inventories for the quarter that ended in Sep. 2023 was $2.66 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CN Energy Group's Days Inventory for the quarter that ended in Sep. 2023 was 15.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. CN Energy Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 11.75.

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. CN Energy Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.09.

CN Energy Group Change In Inventory Historical Data

The historical data trend for CN Energy Group'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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CN Energy Group Change In Inventory Chart

CN Energy Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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0.10

-0.23

1.83

0.39

-2.36

CN Energy Group Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial						0.92	0.28	0.11	-2.40	0.04

CN Energy Group 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.36 Mil.

CN Energy Group (NAS:CNEY) Change In Inventory Explanation

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

CN Energy Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.9995	/	35.234	*	365 / 2
	=	15.54

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

CN Energy Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.234	/	2.9995
	=	11.75

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.

CN Energy Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.9995	/	35.224
	=	0.09

CN Energy Group Change In Inventory Related Terms

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CN Energy Group (CN Energy Group) Business Description

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Address

No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN

Website

https://www.ir.cneny.com

CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.