China Eastern Airlines (SHSE:600115) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is China Eastern Airlines Change In Inventory?

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

China Eastern Airlines's change in inventory for the fiscal year that ended in Dec. 2023 was ¥1 Mil. It means China Eastern Airlines's inventory declined by ¥1 Mil from Dec. 2022 to Dec. 2023 .

China Eastern Airlines's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,715 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Eastern Airlines's Days Inventory for the quarter that ended in Mar. 2024 was 4.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Eastern Airlines's Inventory Turnover for the quarter that ended in Mar. 2024 was 18.92.

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 Eastern Airlines's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

China Eastern Airlines Change In Inventory Historical Data

The historical data trend for China Eastern Airlines'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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China Eastern Airlines Change In Inventory Chart

China Eastern Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-457.00

200.00

233.00

79.00

1.00

China Eastern Airlines 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															-	-	-	-	-

China Eastern Airlines 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 ¥0 Mil.

China Eastern Airlines (SHSE:600115) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1674.5	/	31682	*	365 / 4
	=	4.82

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	31682	/	1674.5
	=	18.92

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1674.5	/	33189
	=	0.05

China Eastern Airlines Change In Inventory Related Terms

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China Eastern Airlines (SHSE:600115) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Eastern Airlines Corp Ltd (SHSE:600115) » Definitions » Change In Inventory

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CHEAF:USA 00670:Hong Kong CIAH:Germany

Address

36 Hongxiang 3rd Road, 5th Floor, Block A2, CEA Building, Northern District, Minhang District, Shanghai, CHN, 201100

Website

https://www.ceair.com

China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 778 aircraft as of 2022 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming. The group's route network extends to over 220 destinations and 40 countries and regions.

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