Cheetah Net Supply Chain Service (CTNT) Change in Inventory (2022 - 2024)
Cheetah Net Supply Chain Service (CTNT) posted quarterly Change in Inventory of -$200296.0 for Q2 2024, up 70.54% year-over-year from -$117450.8 in Q3 2023, and up 84.77% quarter-over-quarter from -$1.3 million in Q1 2024.
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 for Q2 2024 stood at -$200296.0, up from -$1.3 million in the prior quarter.
- The five-year high for Change in Inventory was $1.7 million in Q1 2023, with the low at -$3.8 million in Q4 2023.
- The 3-year median for Change in Inventory is -$997387.5 (2023), against an average of -$935028.8.
- The sharpest annual moves came in 2023 and 2024: Change in Inventory plunged 478.47% in 2023, then jumped 70.54% in 2024.
- Cheetah Net Supply Chain Service's Change in Inventory stood at $1.0 million in 2022, then slumped by 478.47% to -$3.8 million in 2023, then surged by 94.76% to -$200296.0 in 2024.
- Business Quant data shows CTNT's Change in Inventory at -$200296.0 in Q2 2024, -$1.3 million in Q1 2024, and -$3.8 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | - |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | - |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | - |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | - |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | - |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 378,000.00 |
| 10 | Cheetah Net Supply Chain Service | 2.96 Mn | 2.96 Mn | 19,500.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |