China Huarong Energy Co (HKSE:01101) Change In Inventory : HK$0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is China Huarong Energy Co Change In Inventory?

China Huarong Energy Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means China Huarong Energy Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Huarong Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$2.19 Mil. It means China Huarong Energy Co's inventory declined by HK$2.19 Mil from Dec. 2022 to Dec. 2023 .

China Huarong Energy Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$3.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Huarong Energy Co's Days Inventory for the quarter that ended in Dec. 2023 was 27.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Huarong Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.64.

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 Huarong Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

China Huarong Energy Co Change In Inventory Historical Data

The historical data trend for China Huarong Energy 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.

* Premium members only.

China Huarong Energy Co Change In Inventory Chart

China Huarong Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

1.45

1.07

-2.11

-0.76

2.19

China Huarong Energy Co 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 Huarong Energy 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

China Huarong Energy Co (HKSE:01101) Change In Inventory Explanation

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

China Huarong Energy 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
	=	3.6905	/	24.5	*	365 / 2
	=	27.49

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

China Huarong Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.5	/	3.6905
	=	6.64

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 Huarong Energy Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.6905	/	36.715
	=	0.10

China Huarong Energy Co Change In Inventory Related Terms

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

China Huarong Energy Co (HKSE:01101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Huarong Energy Co Ltd (HKSE:01101) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

XYTA:Germany

Address

6-8 Harbour Road, Suites 1508-10, 15th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.huarongenergy.com.hk

China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its only segment is Energy Exploration and Production which is engaged in the sales of crude oil. The company projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. Geographically, it derives revenue from Kyrgyzstan.

Executives

Lau Wing Yi	2501 Other
Silver Anna	2501 Other
Action Phoenix Limited	2101 Beneficial owner
Castle Giant Investments Limited	2101 Beneficial owner
Yu Gelin	2201 Interest of corporation controlled by you
China Development Bank	2501 Other
China Minsheng Banking Corp. Ltd.	2101 Beneficial owner
Skyline Asia International Limited	2201 Interest of corporation controlled by you
Zhao Xuejun	2201 Interest of corporation controlled by you
Fine Profit Enterprises Limited	2201 Interest of corporation controlled by you
Mei Liang	2201 Interest of corporation controlled by you
Top Acton Limited	2101 Beneficial owner
Zhang Zhi Rong	2201 Interest of corporation controlled by you
Kingwin Victory Investment Limited	2101 Beneficial owner
Wang Ping	2201 Interest of corporation controlled by you

China Huarong Energy Co (HKSE:01101) Headlines

No Headlines