Sunny Optical Technology (Group) Co (HKSE:02382) Change In Inventory : HK$-477 Mil (TTM As of Dec. 2023)

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What is Sunny Optical Technology (Group) Co Change In Inventory?

Sunny Optical Technology (Group) Co's change in inventory for the quarter that ended in Dec. 2023 was HK$-785 Mil. It means Sunny Optical Technology (Group) Co's inventory increased by HK$785 Mil from Jun. 2023 to Dec. 2023 .

Sunny Optical Technology (Group) Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-477 Mil. It means Sunny Optical Technology (Group) Co's inventory increased by HK$477 Mil from Dec. 2022 to Dec. 2023 .

Sunny Optical Technology (Group) Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$5,619 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunny Optical Technology (Group) Co's Days Inventory for the quarter that ended in Dec. 2023 was 58.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunny Optical Technology (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.13.

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. Sunny Optical Technology (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

Sunny Optical Technology (Group) Co Change In Inventory Historical Data

The historical data trend for Sunny Optical Technology (Group) 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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Sunny Optical Technology (Group) Co Change In Inventory Chart

Sunny Optical Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2,456.46

-1,046.48

206.74

939.46

-476.73

Sunny Optical Technology (Group) 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															776.01	221.68	728.28	308.39	-785.12

Sunny Optical Technology (Group) 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$-477 Mil.

Sunny Optical Technology (Group) Co (HKSE:02382) Change In Inventory Explanation

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

Sunny Optical Technology (Group) 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
	=	5224.9045	/	16344.166	*	365 / 2
	=	58.34

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

Sunny Optical Technology (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16344.166	/	5224.9045
	=	3.13

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.

Sunny Optical Technology (Group) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5224.9045	/	19034.701
	=	0.27

Sunny Optical Technology (Group) Co Change In Inventory Related Terms

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Sunny Optical Technology (Group) Co (HKSE:02382) Business Description

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Traded in Other Exchanges

SOTGY:USA SNPTF:USA SXC:Germany SXC:Germany

Address

No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400

Website

https://www.sunnyoptical.com

Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

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