Arts Optical International Holdings (HKSE:01120) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Arts Optical International Holdings Change In Inventory?

Arts Optical International Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Arts Optical International Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Arts Optical International Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-46 Mil. It means Arts Optical International Holdings's inventory increased by HK$46 Mil from Dec. 2022 to Dec. 2023 .

Arts Optical International Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$181 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arts Optical International Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 67.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arts Optical International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.71.

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. Arts Optical International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.

Arts Optical International Holdings Change In Inventory Historical Data

The historical data trend for Arts Optical International Holdings'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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Arts Optical International Holdings Change In Inventory Chart

Arts Optical International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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54.46

12.59

-37.67

37.01

-46.15

Arts Optical International Holdings 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															-	-	-	-	-

Arts Optical International Holdings 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 Mil.

Arts Optical International Holdings (HKSE:01120) Change In Inventory Explanation

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

Arts Optical International Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	158.995	/	430.093	*	365 / 2
	=	67.47

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

Arts Optical International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	430.093	/	158.995
	=	2.71

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.

Arts Optical International Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	158.995	/	629.855
	=	0.25

Arts Optical International Holdings Change In Inventory Related Terms

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Arts Optical International Holdings (HKSE:01120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Arts Optical International Holdings Ltd (HKSE:01120) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.artsgroup.com

Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.

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