Hebei Yichen Industrial Group (HKSE:01596) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Hebei Yichen Industrial Group Change In Inventory?

Hebei Yichen Industrial Group's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Hebei Yichen Industrial Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Hebei Yichen Industrial Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-29 Mil. It means Hebei Yichen Industrial Group's inventory increased by HK$29 Mil from Dec. 2022 to Dec. 2023 .

Hebei Yichen Industrial Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$389 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hebei Yichen Industrial Group's Days Inventory for the quarter that ended in Dec. 2023 was 143.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hebei Yichen Industrial Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.27.

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. Hebei Yichen Industrial Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.

Hebei Yichen Industrial Group Change In Inventory Historical Data

The historical data trend for Hebei Yichen Industrial Group'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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Hebei Yichen Industrial Group Change In Inventory Chart

Hebei Yichen Industrial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-100.28

-64.27

-87.27

60.81

-28.91

Hebei Yichen Industrial Group Semi-Annual Data
	Dec13	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															-	-	-	-	-

Hebei Yichen Industrial Group 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.

Hebei Yichen Industrial Group (HKSE:01596) Change In Inventory Explanation

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

Hebei Yichen Industrial Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	418.358	/	530.887	*	365 / 2
	=	143.82

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

Hebei Yichen Industrial Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	530.887	/	418.358
	=	1.27

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.

Hebei Yichen Industrial Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	418.358	/	714.79
	=	0.59

Hebei Yichen Industrial Group Change In Inventory Related Terms

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Hebei Yichen Industrial Group (HKSE:01596) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hebei Yichen Industrial Group Corp Ltd (HKSE:01596) » Definitions » Change In Inventory

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HE2:Germany

Address

No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN

Website

http://www.hbyc.com.cn

Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

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