Wealth Glory Holdings (HKSE:08269) Change In Inventory : HK$0.00 Mil (TTM As of Sep. 2023)

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What is Wealth Glory Holdings Change In Inventory?

Wealth Glory Holdings's change in inventory for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means Wealth Glory Holdings's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Wealth Glory Holdings's change in inventory for the fiscal year that ended in Mar. 2023 was HK$-0.22 Mil. It means Wealth Glory Holdings's inventory increased by HK$0.22 Mil from Mar. 2022 to Mar. 2023 .

Wealth Glory Holdings's Total Inventories for the quarter that ended in Sep. 2023 was HK$3.40 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wealth Glory Holdings's Days Inventory for the quarter that ended in Sep. 2023 was 37.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wealth Glory Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.45.

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. Wealth Glory Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.33.

Wealth Glory Holdings Change In Inventory Historical Data

The historical data trend for Wealth Glory 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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Wealth Glory Holdings Change In Inventory Chart

Wealth Glory Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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0.17

0.12

-2.98

0.34

-0.22

Wealth Glory Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Wealth Glory 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Wealth Glory Holdings (HKSE:08269) Change In Inventory Explanation

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

Wealth Glory 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
	=	1.6995	/	4.158	*	365 / 4
	=	37.30

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

Wealth Glory Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.158	/	1.6995
	=	2.45

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.

Wealth Glory Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.6995	/	5.106
	=	0.33

Wealth Glory Holdings Change In Inventory Related Terms

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Wealth Glory Holdings (HKSE:08269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838

Website

http://www.wealthglory.com

Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.

Executives

Shan Zumao

2202 Interest of your spouse

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