Guizhou - Changes in Inventories

271 (100 Million Yuan) in 2017

In 2017, changes in inventories for Guizhou was 271 100 million yuan. Changes in inventories of Guizhou increased from 21 100 million yuan in 2003 to 271 100 million yuan in 2017 growing at an average annual rate of 27.72%.

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What is changes in inventories?

Change in Inventories refers to the market value of the change in the physical volume of inventory of resident units during a given period, i.e.the difference between the values at the beginning and at the end of the period minus the gains due to the change in price. The changes in inventories can have a positive or negative value. A positive value indicates an increase in inventory while a negative value indicates a decrease in inventory. The inventory includes raw materials, fuels, and reserve materials purchased by the production units as well as the inventory of finished products, semi-finished products, and work-in-progress.

What is Guizhou changes in inventories?