Hollysys Automation Technologies (Hollysys Automation Technologies) Change In Inventory : $-11.0 Mil (TTM As of Sep. 2023)

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What is Hollysys Automation Technologies Change In Inventory?

Hollysys Automation Technologies's change in inventory for the quarter that ended in Sep. 2023 was $-1.3 Mil. It means Hollysys Automation Technologies's inventory increased by $1.3 Mil from Jun. 2023 to Sep. 2023 .

Hollysys Automation Technologies's change in inventory for the fiscal year that ended in Jun. 2023 was $-28.6 Mil. It means Hollysys Automation Technologies's inventory increased by $28.6 Mil from Jun. 2022 to Jun. 2023 .

Hollysys Automation Technologies's Total Inventories for the quarter that ended in Sep. 2023 was $112.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hollysys Automation Technologies's Days Inventory for the quarter that ended in Sep. 2023 was 78.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hollysys Automation Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.17.

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. Hollysys Automation Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.56.

Hollysys Automation Technologies Change In Inventory Historical Data

The historical data trend for Hollysys Automation Technologies'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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Hollysys Automation Technologies Change In Inventory Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-3.77

-6.47

4.66

-40.01

-28.58

Hollysys Automation Technologies 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															-18.86	-2.80	-6.69	-0.24	-1.29

Hollysys Automation Technologies 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 $-11.0 Mil.

Hollysys Automation Technologies (NAS:HOLI) Change In Inventory Explanation

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

Hollysys Automation Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	111.9475	/	130.724	*	365 / 4
	=	78.14

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

Hollysys Automation Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.724	/	111.9475
	=	1.17

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.

Hollysys Automation Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	111.9475	/	199.9
	=	0.56

Hollysys Automation Technologies Change In Inventory Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » Change In Inventory

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Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.