GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » Change In Inventory

Shanghai Conant Optical Co (HKSE:02276) Change In Inventory : HK$-30 Mil (TTM As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Shanghai Conant Optical Co Change In Inventory?

Shanghai Conant Optical Co's change in inventory for the quarter that ended in Jun. 2024 was HK$-36 Mil. It means Shanghai Conant Optical Co's inventory increased by HK$36 Mil from Dec. 2023 to Jun. 2024 .

Shanghai Conant Optical Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$44 Mil. It means Shanghai Conant Optical Co's inventory declined by HK$44 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Conant Optical Co's Total Inventories for the quarter that ended in Jun. 2024 was HK$553 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Conant Optical Co's Days Inventory for the quarter that ended in Jun. 2024 was 154.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Conant Optical Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.18.

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. Shanghai Conant Optical Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.52.


Shanghai Conant Optical Co Change In Inventory Historical Data

The historical data trend for Shanghai Conant Optical 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.

* Premium members only.

Shanghai Conant Optical Co Change In Inventory Chart

Shanghai Conant Optical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial -71.17 -39.68 -144.94 44.05 -

Shanghai Conant Optical Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -152.80 37.99 6.06 -35.63 -

Shanghai Conant Optical 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-30 Mil.

* 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.


Shanghai Conant Optical Co  (HKSE:02276) Change In Inventory Explanation

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

Shanghai Conant Optical 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
=542.7085/639.512*365 / 2
=154.87

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

Shanghai Conant Optical Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

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.

Shanghai Conant Optical Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

* 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.


Shanghai Conant Optical Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Shanghai Conant Optical Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Conant Optical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1-42 Lane 83 Hongxiang North Road, 4th Floor, Building 35, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The spectacle lenses are also tinted, coated, or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection, and anti-smudge. Geographically, the company generates a majority of its revenue from Mainland China and the rest from the Americas, Europe, Oceania, Africa, and Asia (except for mainland China).
Executives
Goertek (hongkong) Co., Limited 2101 Beneficial owner
Goertek Inc. 2201 Interest of corporation controlled by you
Fei Zhengxiang 2101 Beneficial owner

Shanghai Conant Optical Co Headlines

No Headlines