Smart Globe Holdings (HKSE:01481) Change In Inventory : HK$-8.7 Mil (TTM As of Jun. 2024)

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What is Smart Globe Holdings Change In Inventory?

Smart Globe Holdings's change in inventory for the quarter that ended in Jun. 2024 was HK$-5.7 Mil. It means Smart Globe Holdings's inventory increased by HK$5.7 Mil from Dec. 2023 to Jun. 2024 .

Smart Globe Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-4.7 Mil. It means Smart Globe Holdings's inventory increased by HK$4.7 Mil from Dec. 2022 to Dec. 2023 .

Smart Globe Holdings's Total Inventories for the quarter that ended in Jun. 2024 was HK$24.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Globe Holdings's Days Inventory for the quarter that ended in Jun. 2024 was 89.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Globe Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.04.

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. Smart Globe Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.43.

Smart Globe Holdings Change In Inventory Historical Data

The historical data trend for Smart Globe 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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Smart Globe Holdings Change In Inventory Chart

Smart Globe Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-9.73

-12.03

19.32

-4.66

Smart Globe Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial														18.86	-1.70	-2.97	-5.72	-

Smart Globe 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8.7 Mil.

Smart Globe Holdings (HKSE:01481) Change In Inventory Explanation

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

Smart Globe 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
	=	21.6865	/	44.214	*	365 / 2
	=	89.51

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

Smart Globe Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.214	/	21.6865
	=	2.04

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.

Smart Globe Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.6865	/	50.451
	=	0.43

Smart Globe Holdings Change In Inventory Related Terms

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Smart Globe Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Smart Globe Holdings Ltd (HKSE:01481) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heyuan Hi-Tech Development Zone, Guangdong Province, Heyuan, CHN

Website

http://www.smartglobehk.com

Smart Globe Holdings Ltd is primarily engaged in the business of printing books, novelty items, and packaging products. It offers an extensive suite of services that encompasses the entire printing process, from pre-press to printing to finishing. The Group also produces customized and value-added printing products. The group's operations are located in Hong Kong and the PRC. It derives key revenue from Hong Kong.

Executives

Liu Chujia	2202 Interest of your spouse
Terametal Holdings Limited	2101 Beneficial owner
Ng Ho Lun	2201 Interest of corporation controlled by you
Master Sage Limited
Fortune Corner Holdings Limited
Chan Yee Yeung
Lam Tak Ling Derek
Tse Yuen Shan Ivy
Lam Tak Ling Derek

Smart Globe Holdings Headlines

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