HBIS Resources Co (SZSE:000923) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is HBIS Resources Co Change In Inventory?

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

HBIS Resources Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥154 Mil. It means HBIS Resources Co's inventory declined by ¥154 Mil from Dec. 2022 to Dec. 2023 .

HBIS Resources Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥694 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HBIS Resources Co's Days Inventory for the quarter that ended in Mar. 2024 was 103.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. HBIS Resources Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.

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. HBIS Resources Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

HBIS Resources Co Change In Inventory Historical Data

The historical data trend for HBIS Resources 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.

HBIS Resources Co Change In Inventory Chart

HBIS Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

404.55

331.11

-15.70

-205.08

153.52

HBIS Resources 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															-	-	-	-	-

HBIS Resources 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 ¥0 Mil.

HBIS Resources Co (SZSE:000923) Change In Inventory Explanation

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

HBIS Resources 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
	=	602.3755	/	531.182	*	365 / 4
	=	103.48

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	531.182	/	602.3755
	=	0.88

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	602.3755	/	1611.445
	=	0.37

HBIS Resources Co Change In Inventory Related Terms

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

HBIS Resources Co (SZSE:000923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » HBIS Resources Co Ltd (SZSE:000923) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 21 Dongsheng Road, Xuanbei District, Hebei, Zhangjiakou, CHN, 075105

Website

http://www.hbxg.com

HBIS Resources Co Ltd, formerly Xuanhua Construction Machinery Co Ltd is mainly engaged in the production and distribution of bulldozer, loader, roller and mining components in China.

Executives

Liu Jian	Director
Niu Yan Qing	Supervisors
Wang Jian Chun	Directors, executives
Zhou Zhi Sheng	Director

HBIS Resources Co (SZSE:000923) Headlines

No Headlines