LX Technology Group (HKSE:02436) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is LX Technology Group Change In Inventory?

LX Technology Group's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means LX Technology Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

LX Technology Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$14 Mil. It means LX Technology Group's inventory declined by HK$14 Mil from Dec. 2022 to Dec. 2023 .

LX Technology Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$86 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LX Technology Group's Days Inventory for the quarter that ended in Dec. 2023 was 17.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. LX Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.28.

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. LX Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

LX Technology Group Change In Inventory Historical Data

The historical data trend for LX Technology Group'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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LX Technology Group Change In Inventory Chart

LX Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-5.92

-36.39

161.59

31.25

14.15

LX Technology Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			107.17	34.16	-1.29	-	-

LX Technology Group 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.

LX Technology Group (HKSE:02436) Change In Inventory Explanation

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

LX Technology Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	95.0515	/	976.721	*	365 / 2
	=	17.76

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

LX Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	976.721	/	95.0515
	=	10.28

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.

LX Technology Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.0515	/	1061.733
	=	0.09

LX Technology Group Change In Inventory Related Terms

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LX Technology Group (HKSE:02436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LX Technology Group Ltd (HKSE:02436) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN

Website

https://www.bearrental.com

LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.

Executives

Lx Brothers Technology Limited	2101 Beneficial owner
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Chen Wei	2201 Interest of corporation controlled by you
Hu Zuoxiong	2201 Interest of corporation controlled by you
Beauty Bear Technology Limited	2101 Beneficial owner
Tigris Innovation Limited	2101 Beneficial owner
Max Smart Limited	2201 Interest of corporation controlled by you
Liu Qiangdong Richard	2305 Beneficiary of a trust

LX Technology Group (HKSE:02436) Headlines

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