Magnificent Hotel Investments (HKSE:00201) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Magnificent Hotel Investments Change In Inventory?

Magnificent Hotel Investments's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Magnificent Hotel Investments's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Magnificent Hotel Investments's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-0.3 Mil. It means Magnificent Hotel Investments's inventory increased by HK$0.3 Mil from Dec. 2022 to Dec. 2023 .

Magnificent Hotel Investments's Total Inventories for the quarter that ended in Dec. 2023 was HK$1.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magnificent Hotel Investments's Days Inventory for the quarter that ended in Dec. 2023 was 1.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Magnificent Hotel Investments's Inventory Turnover for the quarter that ended in Dec. 2023 was 119.12.

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. Magnificent Hotel Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Magnificent Hotel Investments Change In Inventory Historical Data

The historical data trend for Magnificent Hotel Investments'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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Magnificent Hotel Investments Change In Inventory Chart

Magnificent Hotel Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.14

-0.02

-0.10

-0.29

Magnificent Hotel Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Magnificent Hotel Investments 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Magnificent Hotel Investments (HKSE:00201) Change In Inventory Explanation

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

Magnificent Hotel Investments's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.766	/	210.367	*	365 / 2
	=	1.53

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

Magnificent Hotel Investments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	210.367	/	1.766
	=	119.12

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.

Magnificent Hotel Investments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.766	/	273.858
	=	0.01

Magnificent Hotel Investments Change In Inventory Related Terms

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Magnificent Hotel Investments (HKSE:00201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magnificent Hotel Investments Ltd (HKSE:00201) » Definitions » Change In Inventory

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Address

24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

http://www.magnificenthotelinv.com

Magnificent Hotel Investments Ltd is an investment holding company. The firm manages its business into three segments, namely Hospitality services, Property investment, and Securities investment. It operates the Ramada Hotel, Best Western Plus Hotel, Best Western Hotel, Magnificent International Hotel, Best Western Causeway Bay, and Grand City Hotel. It derives the majority of its revenue from the Hospitality services segment. Its geographical segments are Hong Kong, China, and the United States.

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