Glorious Sun Enterprises (FRA:GLV) Change In Inventory : €0.0 Mil (TTM As of Jun. 2024)

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What is Glorious Sun Enterprises Change In Inventory?

Glorious Sun Enterprises's change in inventory for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Glorious Sun Enterprises's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Glorious Sun Enterprises's change in inventory for the fiscal year that ended in Dec. 2023 was €-7.5 Mil. It means Glorious Sun Enterprises's inventory increased by €7.5 Mil from Dec. 2022 to Dec. 2023 .

Glorious Sun Enterprises's Total Inventories for the quarter that ended in Jun. 2024 was €35.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glorious Sun Enterprises's Days Inventory for the quarter that ended in Jun. 2024 was 140.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glorious Sun Enterprises's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.30.

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. Glorious Sun Enterprises's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.49.

Glorious Sun Enterprises Change In Inventory Historical Data

The historical data trend for Glorious Sun Enterprises'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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Glorious Sun Enterprises Change In Inventory Chart

Glorious Sun Enterprises Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-0.53

-10.59

-0.62

-7.52

Glorious Sun Enterprises Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Glorious Sun Enterprises 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Glorious Sun Enterprises (FRA:GLV) Change In Inventory Explanation

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

Glorious Sun Enterprises's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	30.814	/	40.152	*	365 / 2
	=	140.06

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

Glorious Sun Enterprises's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.152	/	30.814
	=	1.30

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.

Glorious Sun Enterprises's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	30.814	/	63.035
	=	0.49

Glorious Sun Enterprises Change In Inventory Related Terms

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Glorious Sun Enterprises Business Description

Industry

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00393:Hong Kong

Address

1 Wang Yuen Street, 38th Floor, One Kowloon, Kowloon Bay, HKG

Website

https://www.glorisun.com

Glorious Sun Enterprises Ltd is an investment holding company engaged in financial investments, interior decoration and renovation, and export and retailing of casual wear. It is engaged in the business segments of Financial investments; Interior decoration and renovation; Export operations; Retail, franchise, and others. The interior decoration and renovation segment, which is the key revenue-generating segment, engages in the interior decoration and renovation, and the sale of the furniture business. The group derives revenue from Mainland China, Hong Kong, Australia and New Zealand, the U.S., Canada, and other countries.