Hainan Strait Shipping Co (SZSE:002320) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Hainan Strait Shipping Co Change In Inventory?

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

Hainan Strait Shipping Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1 Mil. It means Hainan Strait Shipping Co's inventory increased by ¥1 Mil from Dec. 2022 to Dec. 2023 .

Hainan Strait Shipping Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥59 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hainan Strait Shipping Co's Days Inventory for the quarter that ended in Mar. 2024 was 7.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hainan Strait Shipping Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.76.

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. Hainan Strait Shipping Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

Hainan Strait Shipping Co Change In Inventory Historical Data

The historical data trend for Hainan Strait Shipping 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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Hainan Strait Shipping Co Change In Inventory Chart

Hainan Strait Shipping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.52

2.17

-17.63

-21.33

-1.45

Hainan Strait Shipping 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															-	-	-	-	-

Hainan Strait Shipping 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.

Hainan Strait Shipping Co (SZSE:002320) Change In Inventory Explanation

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

Hainan Strait Shipping 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
	=	56.952	/	669.585	*	365 / 4
	=	7.76

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	669.585	/	56.952
	=	11.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56.952	/	1389.194
	=	0.04

Hainan Strait Shipping Co Change In Inventory Related Terms

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Hainan Strait Shipping Co (SZSE:002320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Strait Shipping Co Ltd (SZSE:002320) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

East Ocean Building, 7th Floor, Binhai Road, Haikou, CHN, 570311

Website

http://www.hnss.net.cn

Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.

Executives

Lin Hai	Supervisors
Zhang Zi Xin	Executives
Chen Xue Si	Supervisors
Chen Bo	Executives
Lin Jian	Director
Li Wei	Director

Hainan Strait Shipping Co (SZSE:002320) Headlines

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