Kingworld Medicines Group (HKSE:01110) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Kingworld Medicines Group Change In Inventory?

Kingworld Medicines Group's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Kingworld Medicines Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Kingworld Medicines Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-45 Mil. It means Kingworld Medicines Group's inventory increased by HK$45 Mil from Dec. 2022 to Dec. 2023 .

Kingworld Medicines Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$129 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kingworld Medicines Group's Days Inventory for the quarter that ended in Dec. 2023 was 47.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingworld Medicines Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.83.

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. Kingworld Medicines Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Kingworld Medicines Group Change In Inventory Historical Data

The historical data trend for Kingworld Medicines 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.

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Kingworld Medicines Group Change In Inventory Chart

Kingworld Medicines Group Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-27.41

49.00

20.22

23.97

-45.01

Kingworld Medicines Group 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															-	-	-	-	-

Kingworld Medicines 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 semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Kingworld Medicines Group (HKSE:01110) Change In Inventory Explanation

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

Kingworld Medicines 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
	=	114.256	/	437.146	*	365 / 2
	=	47.70

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

Kingworld Medicines Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	437.146	/	114.256
	=	3.83

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.

Kingworld Medicines Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	114.256	/	574.936
	=	0.20

Kingworld Medicines Group Change In Inventory Related Terms

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Kingworld Medicines Group (HKSE:01110) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kingworld Medicines Group Ltd (HKSE:01110) » Definitions » Change In Inventory

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Address

198 Daxin Road, 8th-9th Floor, Block A, Majialong Chuangxin Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518016

Website

https://www.kingworld.com.cn

Kingworld Medicines Group Ltd is engaged in Distribution sales of pharmaceutical and healthcare products such as branded imported pharmaceutical and healthcare products primarily in Hong Kong and the PRC, and Manufacturing and sales of electrotherapeutic and physiotherapeutic devices and general medical examination devices primarily carried out in the PRC. It derives the majority of its revenue from Distribution sales of pharmaceutical and healthcare products segment.

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