Cheetah Net Supply Chain Service (CTNT) Change in Inventory (2022 - 2024)

Cheetah Net Supply Chain Service (CTNT) recorded quarterly Change in Inventory of -$200296.0 in Q2 2024, up 84.77% quarter-over-quarter from -$1.3 million in Q1 2024, and up 70.54% on a YoY basis from -$117450.8 in Q3 2023.

Cheetah Net Supply Chain Service (CTNT) Change in Inventory (2022 - 2024) Analysis & Trends

Cheetah Net Supply Chain Service's Change in Inventory history runs 3 years deep, the most recent figure standing at -$200296.0 for Q2 2024.

  • In Q2 2024, Change in Inventory rose 70.54% year-over-year to -$200296.0; the TTM figure through Sep 2024 stood at -$5.3 million (down 1508.57% YoY), while the FY2023 annual figure was -$4.5 million, up 57.42% from the prior year.
  • Change in Inventory was -$200296.0 for Q2 2024 at Cheetah Net Supply Chain Service, up from -$1.3 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $1.7 million in Q1 2023 to a low of -$3.8 million in Q4 2023.
  • Historically, Change in Inventory has averaged -$935028.8 across 3 years, with a median of -$997387.5 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Change in Inventory sank 478.47% in 2023, then surged 70.54% in 2024.
  • A 3-year view of Change in Inventory shows it stood at $1.0 million in 2022, then tumbled by 478.47% to -$3.8 million in 2023, then soared by 94.76% to -$200296.0 in 2024.
  • The last three Change in Inventory figures came in at -$200296.0 (Q2 2024), -$1.3 million (Q1 2024), and -$3.8 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn -
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn -
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn -
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn -
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn -
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -3.50 Mn
10 Cheetah Net Supply Chain Service 5.74 Mn 5.51 Mn 31,441.00 -

Historic Data

Download Data
DateValue
Jun 30, 2024 -200,296.00
Jun 30, 2024 -200,296.00
Mar 31, 2024 -1.31 Mn
Mar 31, 2024 -1.31 Mn
Dec 31, 2023 -3.82 Mn
Dec 31, 2023 -3.82 Mn
Sep 30, 2023 -1.63 Mn
Sep 30, 2023 -1.63 Mn
Jun 30, 2023 -679,802.00
Jun 30, 2023 -679,802.00
Mar 31, 2023 1.68 Mn
Mar 31, 2023 1.68 Mn
Dec 31, 2022 1.01 Mn
Dec 31, 2022 1.01 Mn
Sep 30, 2022 -2.52 Mn
Sep 30, 2022 -2.52 Mn