Hongchang International Co (Hongchang International Co) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Hongchang International Co Change In Inventory?

Hongchang International Co's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Hongchang International Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Hongchang International Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.01 Mil. It means Hongchang International Co's inventory increased by $0.01 Mil from Dec. 2022 to Dec. 2023 .

Hongchang International Co's Total Inventories for the quarter that ended in Dec. 2023 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hongchang International Co's Days Inventory for the quarter that ended in Dec. 2023 was 0.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hongchang International Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 128.31.

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. Hongchang International Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Hongchang International Co Change In Inventory Historical Data

The historical data trend for Hongchang International 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.

* Premium members only.

Hongchang International Co Change In Inventory Chart

Hongchang International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.42

-0.05

-0.01

Hongchang International Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hongchang International 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 quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Hongchang International Co (OTCPK:HCIL) Change In Inventory Explanation

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

Hongchang International 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
	=	0.0195	/	2.502	*	365 / 4
	=	0.71

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

Hongchang International Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.502	/	0.0195
	=	128.31

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.

Hongchang International Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0195	/	2.598
	=	0.01

Hongchang International Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Hongchang International Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hongchang International Co (Hongchang International Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hongchang International Co Ltd (OTCPK:HCIL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

BLOCK 19, HONGCHANG FOOD CO, YUANHONG INVESTMENT ZONE, CHENGTOU TOWN, FUJIAN PROVINCE, FUQING, CHN, 350300

Website

http://www.hcfrozen.com

Hongchang International Co Ltd is a company mainly exports frozen fruits and vegetables, aquatic products. we have our own factory and agricultural base to produce fresh fruits, and the contract factory to produce frozen fruits and vegetables. Their products are mainly supplied to the world supermarkets, as well as wholesale in the United States, Southeast Asia, the Middle East, Europe and other countries.

Executives

Ban Siong Ang	director, 10 percent owner	1986, PERMATANG BERANGAN,, TASEK GELUGOR, PENANG N8 13300
Xingjia Gao	director	ROOM 1007, XIANGYUN BUILDING, NO.1400, BAIYUN AV., NORTH GUANGZHOU F4 510440
Zengqiang Lin	director, 10 percent owner, officer: CEO, President	1008, BLOCK B, RONGSHANG BUILDING, FUQING CITY F4 350309
Zhenzhu Lin	director, 10 percent owner	1008, BLOCK B, RONGSHANG BUILDING, FUQING CITY F4 350309
Hung Seng Tan	director	38, LORONG SERI PETALING 1/1, TAMAN SERI PETALING, KULIM,KEDAM N8 09000
Daniel C Master	other: Former Pres, Direct, 10% owner	P O BOX 66, LA JOLLA CA 92038
Kwee Huwa Tan	director	NO 8-1F, JALAN GAMALAN INDAH 1, TAMAN GAMELAN INDAH, SINGAI BAKAP N8 14200
Wei Li	officer: Chief Financial Officer	4TH FLOOR, NO. 10 BLDG, XINGLIN BAY, BUSINESS OPERATION CENTER, JIMEI DISTR., XIAMEN F4 00000
Derald M Miller	director	230 WEST 400 SOUTH, 1ST FLOOR, SALT LAKE CITY UT 84101
K Lance Bell	director, officer: CEO, President	230 WEST 400 SOUTH 1ST FLOOR, SALT LAKE CITY UT 84101
Tanner J Purser	officer: Secretary	230 WEST 400 SOUTH, 1ST FLOOR, SALT LAKE CITY UT 84101
James C Roundy	director, officer: vice president	230 WEST 400 SOUTH 1ST FLOOR, SALK LAKE CITY UT 84101
Robert Brett Bell	officer: Secretary	180 SOUTH 300 WEST, SUITE 400, SALT LAKE CITY UT 84101
Allan E Oepping	other: Former director	180 SOUTH 300 WEST, SUITE 400, SALT LAKE CITY UT 84101
Benjamin A Black	other: Former director	180 SOUTH 300 WEST, SUITE 400, SALT LAKE CITY UT 84101

Hongchang International Co (Hongchang International Co) Headlines

No Headlines