Virtual Mind Holding Co (HKSE:01520) Change In Inventory : HK$0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Virtual Mind Holding Co Change In Inventory?

Virtual Mind Holding Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Virtual Mind Holding Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Virtual Mind Holding Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-2.26 Mil. It means Virtual Mind Holding Co's inventory increased by HK$2.26 Mil from Dec. 2022 to Dec. 2023 .

Virtual Mind Holding Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$8.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Virtual Mind Holding Co's Days Inventory for the quarter that ended in Dec. 2023 was 50.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Virtual Mind Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.65.

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. Virtual Mind Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Virtual Mind Holding Co Change In Inventory Historical Data

The historical data trend for Virtual Mind Holding Co'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.

* Premium members only.

Virtual Mind Holding Co Change In Inventory Chart

Virtual Mind Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-7.47

0.80

5.86

-1.41

-2.26

Virtual Mind Holding Co 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															-	-	-	-	-

Virtual Mind Holding Co 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$0.00 Mil.

Virtual Mind Holding Co (HKSE:01520) Change In Inventory Explanation

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

Virtual Mind Holding Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.0515	/	29.362	*	365 / 2
	=	50.04

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

Virtual Mind Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.362	/	8.0515
	=	3.65

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.

Virtual Mind Holding Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.0515	/	34.396
	=	0.23

Virtual Mind Holding Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Virtual Mind Holding Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtual Mind Holding Co (HKSE:01520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Virtual Mind Holding Co Ltd (HKSE:01520) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

538 Castle Peak Road, Room 2511-15, 25 Floor, Peninsula Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.vmh.com.hk

Virtual Mind Holding Co Ltd is engaged in designing, manufacturing, and trading apparel; provision of money lending business, namely money lending operation; selling of gaming and animated characters related products, namely IP application and products operation. It offers women's fashion outerwear such as coats and jackets, dresses, activewear, and pants. Majority of the revenue is generated from the Design, manufacture, and trading of the apparel segment. Geographically, it derives the majority of revenue from The PRC and also has a presence in Hong Kong and The USA.

Executives

Vc International Asset Management Limited	2102 Investment manager
Anli Investment Fund Spc-anli Greater China Opportunity Fund Segregated Portfolio	2101 Beneficial owner
Yu Chunfeng	2101 Beneficial owner
King Castle Enterprises Limited	2501 Other
Wong Kin Ting	2501 Other
King Castle Enterprises Limited	2101 Beneficial owner
Dreamtoys Ltd	2101 Beneficial owner
Zeng Ge	2201 Interest of corporation controlled by you
Vc Financial Group Limited	2201 Interest of corporation controlled by you
Value Convergence Holdings Limited	2201 Interest of corporation controlled by you
Anli Holdings Limited	2201 Interest of corporation controlled by you
Anli Asset Management Limited	2102 Investment manager
Baolingbao Biology Co.,ltd.	2201 Interest of corporation controlled by you
Li Shao Yu
Blb International Company Limited	2101 Beneficial owner

Virtual Mind Holding Co (HKSE:01520) Headlines

No Headlines