Ritamix Global (HKSE:01936) Change In Inventory : HK$-2.7 Mil (TTM As of Jun. 2024)

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What is Ritamix Global Change In Inventory?

Ritamix Global's change in inventory for the quarter that ended in Jun. 2024 was HK$-2.2 Mil. It means Ritamix Global's inventory increased by HK$2.2 Mil from Dec. 2023 to Jun. 2024 .

Ritamix Global's change in inventory for the fiscal year that ended in Dec. 2023 was HK$10.4 Mil. It means Ritamix Global's inventory declined by HK$10.4 Mil from Dec. 2022 to Dec. 2023 .

Ritamix Global's Total Inventories for the quarter that ended in Jun. 2024 was HK$57.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ritamix Global's Days Inventory for the quarter that ended in Jun. 2024 was 133.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ritamix Global's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.37.

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. Ritamix Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.58.

Ritamix Global Change In Inventory Historical Data

The historical data trend for Ritamix Global'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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Ritamix Global Change In Inventory Chart

Ritamix Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-6.82

-6.31

-26.84

16.85

10.44

Ritamix Global Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial								4.42	12.47	11.09	-0.56	-2.16

Ritamix Global 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$-2.7 Mil.

Ritamix Global (HKSE:01936) Change In Inventory Explanation

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

Ritamix Global's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	57.1725	/	78.345	*	365 / 2
	=	133.18

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

Ritamix Global's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78.345	/	57.1725
	=	1.37

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.

Ritamix Global's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	57.1725	/	98.894
	=	0.58

Ritamix Global Change In Inventory Related Terms

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Ritamix Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ritamix Global Ltd (HKSE:01936) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Jalan TP 7, UEP Industrial Park, Shah Alam, SGR, MYS, 40400

Website

https://www.ritamix-global.com

Ritamix Global Ltd is engaged in the distribution of animal feed additives and, human food ingredients; and the manufacturing of animal feed additives premixes. The company offers a wide range of animal feed additives including amino acids, vitamins, minerals, enzymes, and photogenic ingredients produced by chemical and feed ingredients companies of international brand names. It has diversified its product portfolio to include human food ingredients such as baking soda, minerals, hydrocolloids, emulsifiers, and vitamins. Its operating segments include the Animal feed additives products segment: manufacturing and distribution of animal feed additives products; and the Human food ingredient products segment: distribution of human food ingredient products.

Executives

Garry-worth Investment Limited
Lee Haw Hann
Lee Haw Shyang
Lee Haw Yih
Yaw Sook Kean
Yee Mei Loon
Voon Sze Lin
Warrants Capital Ltd
Lim Ee Min

Ritamix Global Headlines

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