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Cheerwin Group (HKSE:06601) Change In Inventory : HK$55 Mil (TTM As of Dec. 2023)


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What is Cheerwin Group Change In Inventory?

Cheerwin Group's change in inventory for the quarter that ended in Dec. 2023 was HK$-130 Mil. It means Cheerwin Group's inventory increased by HK$130 Mil from Jun. 2023 to Dec. 2023 .

Cheerwin Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$55 Mil. It means Cheerwin Group's inventory declined by HK$55 Mil from Dec. 2022 to Dec. 2023 .

Cheerwin Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$293 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheerwin Group's Days Inventory for the quarter that ended in Dec. 2023 was 163.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheerwin Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.12.

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. Cheerwin Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.

Cheerwin Group Change In Inventory Historical Data

The historical data trend for Cheerwin 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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Cheerwin Group Change In Inventory Chart

Cheerwin Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 122.13 -7.41 23.24 23.06 55.44

Cheerwin Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -188.58 205.23 -172.46 185.22 -129.78

Cheerwin 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$55 Mil.

* 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.

Cheerwin Group  (HKSE:06601) Change In Inventory Explanation

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

Cheerwin 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
=227.525/254.137*365 / 2
=163.39

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=254.137 / 227.525
=1.12

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=227.525 / 528.103
=0.43

* 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.

Cheerwin Group Change In Inventory Related Terms

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Cheerwin Group (HKSE:06601) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cheerwin Group Ltd (HKSE:06601) » Definitions » Change In Inventory
Comparable Companies
HKSE:00157 HKSE:01925 HKSE:02023 HKSE:03828 HKSE:06893 HKSE:01962 HKSE:00399 HKSE:03332 HKSE:01455 HKSE:08512 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT KMB EL KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
No. 2, Luju Road, Liwan District, Guangdong Province, Guangzhou, CHN, 510370
Website
https://www.cheerwin.com
Cheerwin Group Ltd is an investment holding company. It is mainly manufacturing and trading of household insecticides and repellents, household cleaning, air care, personal care, pet care, and other products in China. company revenue is geographically derived from PRC.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Chen Kaichen
Chen Kaixuan
Li Ruohong
Ma Huizhen
Morgan Stanley & Co. International Plc 2105 Underwriter
Morgan Stanley International Holdings Inc. 2201 Interest of corporation controlled by you
Morgan Stanley International Limited 2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk) 2201 Interest of corporation controlled by you
Chao Yun Huan Qiu You Xian Gong Si

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