PetroChina Co (PetroChina Co) Change In Inventory : $-4,557 Mil (TTM As of Mar. 2024)

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

What is PetroChina Co Change In Inventory?

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

PetroChina Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-2,688 Mil. It means PetroChina Co's inventory increased by $2,688 Mil from Dec. 2022 to Dec. 2023 .

PetroChina Co's Total Inventories for the quarter that ended in Mar. 2024 was $23,512 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PetroChina Co's Days Inventory for the quarter that ended in Mar. 2024 was 24.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. PetroChina Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.68.

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. PetroChina Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

PetroChina Co Change In Inventory Historical Data

The historical data trend for PetroChina 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.

PetroChina Co Change In Inventory Chart

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-801.86

6,674.26

-2,494.62

-4,657.40

-2,688.02

PetroChina Co 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															1,824.73	-2,014.97	-2,542.38	-	-

PetroChina 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4,557 Mil.

PetroChina Co (OTCPK:PCCYF) Change In Inventory Explanation

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

PetroChina 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
	=	24397.9665	/	89796.848	*	365 / 4
	=	24.79

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89796.848	/	24397.9665
	=	3.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24397.9665	/	112779.838
	=	0.22

PetroChina Co Change In Inventory Related Terms

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

PetroChina Co (PetroChina Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (OTCPK:PCCYF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

00857:Hong Kong PC6:Germany 601857:China

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.