Shandong Xinhua Pharmaceutical Co (HKSE:00719) Change In Inventory : HK$0 Mil (TTM As of Mar. 2024)

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What is Shandong Xinhua Pharmaceutical Co Change In Inventory?

Shandong Xinhua Pharmaceutical Co's change in inventory for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Shandong Xinhua Pharmaceutical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shandong Xinhua Pharmaceutical Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-132 Mil. It means Shandong Xinhua Pharmaceutical Co's inventory increased by HK$132 Mil from Dec. 2022 to Dec. 2023 .

Shandong Xinhua Pharmaceutical Co's Total Inventories for the quarter that ended in Mar. 2024 was HK$1,231 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Xinhua Pharmaceutical Co's Days Inventory for the quarter that ended in Mar. 2024 was 62.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Xinhua Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.46.

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. Shandong Xinhua Pharmaceutical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Shandong Xinhua Pharmaceutical Co Change In Inventory Historical Data

The historical data trend for Shandong Xinhua Pharmaceutical 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.

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Shandong Xinhua Pharmaceutical Co Change In Inventory Chart

Shandong Xinhua Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-225.77

44.43

93.28

-223.50

-132.20

Shandong Xinhua Pharmaceutical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shandong Xinhua Pharmaceutical 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

Shandong Xinhua Pharmaceutical Co (HKSE:00719) Change In Inventory Explanation

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

Shandong Xinhua Pharmaceutical 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
	=	1333.518	/	1950.703	*	365 / 4
	=	62.38

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

Shandong Xinhua Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1950.703	/	1333.518
	=	1.46

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.

Shandong Xinhua Pharmaceutical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1333.518	/	2688.267
	=	0.50

Shandong Xinhua Pharmaceutical Co Change In Inventory Related Terms

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Shandong Xinhua Pharmaceutical Co (HKSE:00719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shandong Xinhua Pharmaceutical Co Ltd (HKSE:00719) » Definitions » Change In Inventory

Traded in Other Exchanges

XIN:Germany 000756:China

Address

No. 1 Lutai Avenue, Hi-tech Industry Development Zone, Zibo City, Shandong, CHN, 255086

Website

http://www.xhzy.com

Shandong Xinhua Pharmaceutical Co Ltd is a pharmaceutical products manufacturer based in China. It operates the business through the following segments: Chemical bulk drugs, Preparations, Chemical intermediates, and other products. The company provides chemical bulk drug products, including metamizole sodium, caffeine, aminopyrine, aspirin, hydrocortisone, pipemidic acid, ibuprofen, and L-dopa, it also dispenses formulation products such as compound liquorice tablets and nimodipine tablets. Its products address disorders related to the central nervous system and the cerebrovascular system with the help of antipyretics and analgesics.

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