Founder Holdings (Founder Holdings) Change In Inventory : $0.4 Mil (TTM As of Dec. 2023)

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What is Founder Holdings Change In Inventory?

Founder Holdings's change in inventory for the quarter that ended in Dec. 2023 was $4.7 Mil. It means Founder Holdings's inventory declined by $4.7 Mil from Jun. 2023 to Dec. 2023 .

Founder Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $0.4 Mil. It means Founder Holdings's inventory declined by $0.4 Mil from Dec. 2022 to Dec. 2023 .

Founder Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $11.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Founder Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 64.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Founder Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.84.

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. Founder Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Founder Holdings Change In Inventory Historical Data

The historical data trend for Founder 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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Founder Holdings Change In Inventory Chart

Founder Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.39

-1.24

-6.56

1.97

0.38

Founder Holdings 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															-0.64	-5.33	7.35	-4.26	4.66

Founder 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.4 Mil.

Founder Holdings (OTCPK:FHGDF) Change In Inventory Explanation

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

Founder 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
	=	13.4485	/	38.184	*	365 / 2
	=	64.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.184	/	13.4485
	=	2.84

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.4485	/	77.977
	=	0.17

Founder Holdings Change In Inventory Related Terms

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Founder Holdings (Founder Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Founder Holdings Ltd (OTCPK:FHGDF) » Definitions » Change In Inventory

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Traded in Other Exchanges

00418:Hong Kong FOU1:Germany

Address

9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

https://www.founder.com.hk

Founder Holdings Ltd is engaged in software development and systems integration. It operates in the business division of the provision of software development and system integration and information products distribution. Geographically, the company operates in Hong Kong, Mainland China, and other countries, of which key revenue is generated from Mainland China. The group serves in the fields of printing, media, publishing, big data, and fonts library.

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