Grand Ming Group Holdings (HKSE:01271) Change In Inventory : HK$0 Mil (TTM As of Sep. 2024)

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What is Grand Ming Group Holdings Change In Inventory?

Grand Ming Group Holdings's change in inventory for the quarter that ended in Sep. 2024 was HK$0 Mil. It means Grand Ming Group Holdings's inventory stayed the same from Mar. 2024 to Sep. 2024 .

Grand Ming Group Holdings's change in inventory for the fiscal year that ended in Mar. 2024 was HK$36 Mil. It means Grand Ming Group Holdings's inventory declined by HK$36 Mil from Mar. 2023 to Mar. 2024 .

Grand Ming Group Holdings's Total Inventories for the quarter that ended in Sep. 2024 was HK$1,637 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Ming Group Holdings's Days Inventory for the quarter that ended in Sep. 2024 was 823.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Ming Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.22.

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. Grand Ming Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.49.

Grand Ming Group Holdings Change In Inventory Historical Data

The historical data trend for Grand Ming Group 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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Grand Ming Group Holdings Change In Inventory Chart

Grand Ming Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-193.50

-731.86

-572.61

2,395.57

35.64

Grand Ming Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Grand Ming Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Grand Ming Group Holdings (HKSE:01271) Change In Inventory Explanation

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

Grand Ming Group 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
	=	1705.388	/	377.839	*	365 / 2
	=	823.72

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

Grand Ming Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	377.839	/	1705.388
	=	0.22

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.

Grand Ming Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1705.388	/	683.747
	=	2.49

Grand Ming Group Holdings Change In Inventory Related Terms

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Grand Ming Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.

Executives

Lau Cw Company Limited	2101 Beneficial owner
Lau Chi Wah	2101 Beneficial owner
Cheung Shuk Fong	2202 Interest of your spouse
Xu Chujia	2201 Interest of corporation controlled by you
Banco Well Link, S.a.	2106 Person having a security interest in shares
Well Link Holdings Limited	2201 Interest of corporation controlled by you
Chan Hm Company Limited	2101 Beneficial owner
Chan Hung Ming	2201 Interest of corporation controlled by you

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