China Modern Dairy Holdings (HKSE:01117) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is China Modern Dairy Holdings Change In Inventory?

China Modern Dairy Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Modern Dairy Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Modern Dairy Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$456 Mil. It means China Modern Dairy Holdings's inventory declined by HK$456 Mil from Dec. 2022 to Dec. 2023 .

China Modern Dairy Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$3,217 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Modern Dairy Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 90.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Modern Dairy Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.03.

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. China Modern Dairy Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

China Modern Dairy Holdings Change In Inventory Historical Data

The historical data trend for China Modern Dairy Holdings'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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China Modern Dairy Holdings Change In Inventory Chart

China Modern Dairy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-82.27

-72.69

-378.84

-1,049.81

456.46

China Modern Dairy Holdings 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															-	-	-	-	-

China Modern Dairy Holdings 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.

China Modern Dairy Holdings (HKSE:01117) Change In Inventory Explanation

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

China Modern Dairy Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2816.447	/	5706.835	*	365 / 2
	=	90.07

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

China Modern Dairy Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5706.835	/	2816.447
	=	2.03

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.

China Modern Dairy Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2816.447	/	7464.823
	=	0.38

China Modern Dairy Holdings Change In Inventory Related Terms

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China Modern Dairy Holdings (HKSE:01117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Modern Dairy Holdings Ltd (HKSE:01117) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic and Technological Development Zone, Danyang Town, Bowang District, Anhui Province, Maanshan City, CHN

Website

http://www.moderndairyir.com

China Modern Dairy Holdings Ltd operates in the Chinese food industry. Its primary business includes the production of milk and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products and Liquid Milk products business which relates to its sale of liquid milk products.

Executives

Bank Of China Limited	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Boc International Holdings Limited	2201 Interest of corporation controlled by you
Boci Financial Products Limited	2101 Beneficial owner
Mgd Holdings	2101 Beneficial owner
China Mengniu Dairy Company Limited	2201 Interest of corporation controlled by you
Ggg Holdings Limited	2101 Beneficial owner
Liu Chang	2201 Interest of corporation controlled by you
New Century Ltd.	2201 Interest of corporation controlled by you
Xin Xi Wang Ru Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

China Modern Dairy Holdings (HKSE:01117) Headlines

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