Hongcheng Environmental Technology Co (HKSE:02265) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Hongcheng Environmental Technology Co Change In Inventory?

Hongcheng Environmental Technology Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Hongcheng Environmental Technology Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Hongcheng Environmental Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-17.4 Mil. It means Hongcheng Environmental Technology Co's inventory increased by HK$17.4 Mil from Dec. 2022 to Dec. 2023 .

Hongcheng Environmental Technology Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$37.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hongcheng Environmental Technology Co's Days Inventory for the quarter that ended in Dec. 2023 was 189.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hongcheng Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.

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. Hongcheng Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

Hongcheng Environmental Technology Co Change In Inventory Historical Data

The historical data trend for Hongcheng Environmental Technology 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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Hongcheng Environmental Technology Co Change In Inventory Chart

Hongcheng Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-14.18

-7.97

1.70

4.61

-17.35

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Hongcheng Environmental Technology Co 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$0.0 Mil.

Hongcheng Environmental Technology Co (HKSE:02265) Change In Inventory Explanation

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

Hongcheng Environmental Technology 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
	=	34.388	/	33.171	*	365 / 2
	=	189.20

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

Hongcheng Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	33.171	/	34.388
	=	0.96

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.

Hongcheng Environmental Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.388	/	64.346
	=	0.53

Hongcheng Environmental Technology Co Change In Inventory Related Terms

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Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN

Website

http://www.sdhcgroup.cn

Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.

Executives

Zeming International Investment Co., Ltd.	2101 Beneficial owner
Liu Ze Ming	2201 Interest of corporation controlled by you
Li Li Yan	2202 Interest of your spouse

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