Huazhong In-Vehicle Holdings Co (HKSE:06830) Change In Inventory : HK$-56 Mil (TTM As of Dec. 2023)

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What is Huazhong In-Vehicle Holdings Co Change In Inventory?

Huazhong In-Vehicle Holdings Co's change in inventory for the quarter that ended in Dec. 2023 was HK$-27 Mil. It means Huazhong In-Vehicle Holdings Co's inventory increased by HK$27 Mil from Jun. 2023 to Dec. 2023 .

Huazhong In-Vehicle Holdings Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-56 Mil. It means Huazhong In-Vehicle Holdings Co's inventory increased by HK$56 Mil from Dec. 2022 to Dec. 2023 .

Huazhong In-Vehicle Holdings Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$508 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huazhong In-Vehicle Holdings Co's Days Inventory for the quarter that ended in Dec. 2023 was 117.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huazhong In-Vehicle Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.55.

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. Huazhong In-Vehicle Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Huazhong In-Vehicle Holdings Co Change In Inventory Historical Data

The historical data trend for Huazhong In-Vehicle Holdings 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.

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Huazhong In-Vehicle Holdings Co Change In Inventory Chart

Huazhong In-Vehicle Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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48.89

82.37

-37.70

-79.35

-56.33

Huazhong In-Vehicle Holdings 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															-2.26	-22.25	-58.16	-29.11	-27.21

Huazhong In-Vehicle Holdings 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$-56 Mil.

Huazhong In-Vehicle Holdings Co (HKSE:06830) Change In Inventory Explanation

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

Huazhong In-Vehicle Holdings 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
	=	496.745	/	772.163	*	365 / 2
	=	117.41

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

Huazhong In-Vehicle Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	772.163	/	496.745
	=	1.55

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.

Huazhong In-Vehicle Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	496.745	/	1078.302
	=	0.46

Huazhong In-Vehicle Holdings Co Change In Inventory Related Terms

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Huazhong In-Vehicle Holdings Co (HKSE:06830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Huazhong In-Vehicle Holdings Co Ltd (HKSE:06830) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 104 Zhenan Road, Xiangshan County, Zhejiang Province, Xizhou, CHN

Website

https://www.cn-huazhong.com

Huazhong In-Vehicle Holdings Co Ltd is an investment holding company, which acts as a supplier of automobile body parts. The business activity of the group includes manufacturing and sale of decorative and structural automobile parts, molds and tooling, casing, and the liquid tank of air conditioning or heater units and other non-automobile products. Geographically it operates through the region of China and derives revenue from the sale of automobile body parts.

Executives

Zhou Minfeng	2101 Beneficial owner
Chen Chun'er	2202 Interest of your spouse
Huayou Holdings Company Limited	2101 Beneficial owner

Huazhong In-Vehicle Holdings Co (HKSE:06830) Headlines

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