Lonking Holdings (HKSE:03339) Change In Inventory : HK$807 Mil (TTM As of Dec. 2023)

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What is Lonking Holdings Change In Inventory?

Lonking Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$-126 Mil. It means Lonking Holdings's inventory increased by HK$126 Mil from Jun. 2023 to Dec. 2023 .

Lonking Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$807 Mil. It means Lonking Holdings's inventory declined by HK$807 Mil from Dec. 2022 to Dec. 2023 .

Lonking Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$3,146 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lonking Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 131.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lonking Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.39.

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. Lonking Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.

Lonking Holdings Change In Inventory Historical Data

The historical data trend for Lonking 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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Lonking Holdings Change In Inventory Chart

Lonking Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-173.79

-889.32

-372.74

527.05

807.28

Lonking 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															-434.97	1,032.25	-456.35	933.14	-125.87

Lonking 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$807 Mil.

Lonking Holdings (HKSE:03339) Change In Inventory Explanation

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

Lonking 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
	=	3074.519	/	4261.656	*	365 / 2
	=	131.66

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4261.656	/	3074.519
	=	1.39

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3074.519	/	5246.635
	=	0.59

Lonking Holdings Change In Inventory Related Terms

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Lonking Holdings (HKSE:03339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (HKSE:03339) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

C9IB:Germany C9IB:Germany

Address

No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612

Website

https://www.lonking.cn

Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.

Executives

Li San Yim	2202 Interest of your spouse
Ngai Ngan Ying	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Ngai Ngan Ying	2101 Beneficial owner

Lonking Holdings (HKSE:03339) Headlines

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