Solartech International Holdings (HKSE:01166) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Solartech International Holdings Change In Inventory?

Solartech International Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Solartech International Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Solartech International Holdings's change in inventory for the fiscal year that ended in Jun. 2023 was HK$8.9 Mil. It means Solartech International Holdings's inventory declined by HK$8.9 Mil from Jun. 2022 to Jun. 2023 .

Solartech International Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$32.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solartech International Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 9.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solartech International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.62.

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. Solartech International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Solartech International Holdings Change In Inventory Historical Data

The historical data trend for Solartech International 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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Solartech International Holdings Change In Inventory Chart

Solartech International Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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10.30

-0.44

-22.61

13.04

8.91

Solartech International 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															-	-	-	-	-

Solartech International 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$0.0 Mil.

Solartech International Holdings (HKSE:01166) Change In Inventory Explanation

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

Solartech International 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
	=	27.9945	/	549.138	*	365 / 2
	=	9.30

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	549.138	/	27.9945
	=	19.62

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27.9945	/	567.572
	=	0.05

Solartech International Holdings Change In Inventory Related Terms

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Solartech International Holdings (HKSE:01166) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solartech International Holdings Ltd (HKSE:01166) » Definitions » Change In Inventory

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SWP7:Germany

Address

1 Science Museum Road, Unit 16, 12/F, Concordia Plaza, Tsim Sha Tsui, Kowloon, HKG

Website

http://www.1166hk.com

Solartech International Holdings Ltd is an investment holding company. Its operations are divided into three business segments: manufacture and trading of cables and wires; trading of copper rods; and investment properties. It derives most of its revenue from the cables and wires segment in the People's Republic of China and also has a presence in the Americas, Europe, Hong Kong, and Other Asian regions.

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