Air China (HKSE:00753) Change In Inventory : HK$0 Mil (TTM As of Mar. 2024)

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What is Air China Change In Inventory?

Air China's change in inventory for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Air China's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Air China's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-682 Mil. It means Air China's inventory increased by HK$682 Mil from Dec. 2022 to Dec. 2023 .

Air China's Total Inventories for the quarter that ended in Mar. 2024 was HK$4,976 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air China's Days Inventory for the quarter that ended in Mar. 2024 was 9.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air China's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.34.

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. Air China's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Air China Change In Inventory Historical Data

The historical data trend for Air China'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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Air China Change In Inventory Chart

Air China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-222.14

252.29

-361.09

-522.83

-682.13

Air China 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															-	-	-	-	-

Air China 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 HK$0 Mil.

Air China (HKSE:00753) Change In Inventory Explanation

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

Air China's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4502.1795	/	42071.085	*	365 / 4
	=	9.76

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42071.085	/	4502.1795
	=	9.34

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4502.1795	/	43523.474
	=	0.10

Air China Change In Inventory Related Terms

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Air China (HKSE:00753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (HKSE:00753) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AIRYY:USA AICAF:USA AD2:Germany AD2:Germany 601111:China AD2:Austria

Address

30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312

Website

http://www.airchina.com.cn

Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.

Executives

Cathay Pacific Airways Limited	2101 Beneficial owner
John Swire & Sons Limited	2201 Interest of corporation controlled by you
Swire Pacific Limited	2201 Interest of corporation controlled by you
China National Aviation Corporation (group) Limited	2101 Beneficial owner
China National Aviation Holding Corporation Limited	2201 Interest of corporation controlled by you

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