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| 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 |