SINOPEC Engineering (Group) Co (HKSE:02386) Change In Inventory : HK$311 Mil (TTM As of Dec. 2023)

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What is SINOPEC Engineering (Group) Co Change In Inventory?

SINOPEC Engineering (Group) Co's change in inventory for the quarter that ended in Dec. 2023 was HK$390 Mil. It means SINOPEC Engineering (Group) Co's inventory declined by HK$390 Mil from Jun. 2023 to Dec. 2023 .

SINOPEC Engineering (Group) Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$311 Mil. It means SINOPEC Engineering (Group) Co's inventory declined by HK$311 Mil from Dec. 2022 to Dec. 2023 .

SINOPEC Engineering (Group) Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$517 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SINOPEC Engineering (Group) Co's Days Inventory for the quarter that ended in Dec. 2023 was 4.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. SINOPEC Engineering (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 43.04.

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. SINOPEC Engineering (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

SINOPEC Engineering (Group) Co Change In Inventory Historical Data

The historical data trend for SINOPEC Engineering (Group) 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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SINOPEC Engineering (Group) Co Change In Inventory Chart

SINOPEC Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-881.92

-183.32

1,063.07

-341.06

311.33

SINOPEC Engineering (Group) 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															1,437.43	-251.21	-101.74	-78.44	389.78

SINOPEC Engineering (Group) 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$311 Mil.

SINOPEC Engineering (Group) Co (HKSE:02386) Change In Inventory Explanation

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

SINOPEC Engineering (Group) 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
	=	712.086	/	30645.943	*	365 / 2
	=	4.24

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

SINOPEC Engineering (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30645.943	/	712.086
	=	43.04

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.

SINOPEC Engineering (Group) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	712.086	/	34334.792
	=	0.02

SINOPEC Engineering (Group) Co Change In Inventory Related Terms

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SINOPEC Engineering (Group) Co (HKSE:02386) Business Description

Industry

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SENGF:USA

Address

Shenggu Middle Road, No. 8 Building, Shenggu Home, Chaoyang District, Beijing, CHN, 100029

Website

http://www.segroup.cn

SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Fidelity Investment Trust	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Blackrock, Inc.	2201 Interest of corporation controlled by you

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