Sino Grandness Food Industry Group (FRA:JSO1) Change In Inventory: €0.7 Mil (TTM As of Dec. 2023)

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What is Sino Grandness Food Industry Group Change In Inventory?

Sino Grandness Food Industry Group FRA:JSO1 Change In Inventory is €0.7 Mil as of Dec. 2023.

Sino Grandness Food Industry Group's change in inventory for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Sino Grandness Food Industry Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Sino Grandness Food Industry Group's change in inventory for the fiscal year that ended in Dec. 2023 was €0.9 Mil. It means Sino Grandness Food Industry Group's inventory declined by €0.9 Mil from Dec. 2022 to Dec. 2023 .

Sino Grandness Food Industry Group's Total Inventories for the quarter that ended in Dec. 2023 was €1.3 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Grandness Food Industry Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Sino Grandness Food Industry Group  (FRA:JSO1) Change In Inventory Explanation

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

Sino Grandness Food Industry Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.858/0*365 / 4
=N/A

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

Sino Grandness Food Industry Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 1.858
=0.00

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.

Sino Grandness Food Industry Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.858 / 0
=N/A

* 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.

Sino Grandness Food Industry Group Change In Inventory Related Terms

Sino Grandness Food Industry Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry Group'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.

Sino Grandness Food Industry Group Change In Inventory Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 0.63 -2.37 0.71 0.90

Sino Grandness Food Industry Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.95 0.60 2.15 0.92 0.00

Sino Grandness Food Industry Group 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 quarterly data reported by the company within the most recent 12 months, which was €0.7 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €0.7 Mil mean?
Sino Grandness Food Industry Group (FRA:JSO1) has a Change In Inventory of €0.7 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sino Grandness Food Industry Group and its competitors.
Is Sino Grandness Food Industry Group's Change In Inventory too high?
Sino Grandness Food Industry Group's current Change In Inventory is €0.7 Mil.
How does Sino Grandness Food Industry Group's Change In Inventory compare to KHC and GIS?
Sino Grandness Food Industry Group's Change In Inventory of €0.7 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sino Grandness Food Industry Group and its competitors. Sino Grandness Food Industry Group's current Change In Inventory is €0.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (FRA:JSO1) has a current Change In Inventory of €0.7 Mil. The current Change In Inventory is €0.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Sino Grandness Food Industry Group (FRA:JSO1), the current Change In Inventory is €0.7 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.