Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Change In Inventory : HK$-97 Mil (TTM As of Dec. 2023)

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What is Xiamen Yan Palace Birds Nest Industry Co Change In Inventory?

Xiamen Yan Palace Birds Nest Industry Co's change in inventory for the quarter that ended in Dec. 2023 was HK$-97 Mil. It means Xiamen Yan Palace Birds Nest Industry Co's inventory increased by HK$97 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Yan Palace Birds Nest Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-97 Mil. It means Xiamen Yan Palace Birds Nest Industry Co's inventory increased by HK$97 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Yan Palace Birds Nest Industry Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$394 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xiamen Yan Palace Birds Nest Industry Co's Days Inventory for the quarter that ended in Dec. 2023 was 60.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xiamen Yan Palace Birds Nest Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.04.

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. Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Xiamen Yan Palace Birds Nest Industry Co Change In Inventory Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry Co'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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Xiamen Yan Palace Birds Nest Industry Co Change In Inventory Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-215.35

9.28

8.88

-96.87

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Change In Inventory	-215.35	9.28	8.88	-96.87

Xiamen Yan Palace Birds Nest Industry Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-97 Mil.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Change In Inventory Explanation

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

Xiamen Yan Palace Birds Nest Industry Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	348.8365	/	1060.223	*	365 / 2
	=	60.05

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

Xiamen Yan Palace Birds Nest Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1060.223	/	348.8365
	=	3.04

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.

Xiamen Yan Palace Birds Nest Industry Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	348.8365	/	2148.441
	=	0.16

Xiamen Yan Palace Birds Nest Industry Co Change In Inventory Related Terms

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Executives

Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong	2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen	2201 Interest of corporation controlled by you
Zheng Wenbin

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Headlines

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