Hop Fung Group Holdings (HKSE:02320) Change In Inventory : HK$8.4 Mil (TTM As of Dec. 2023)

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What is Hop Fung Group Holdings Change In Inventory?

Hop Fung Group Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$6.1 Mil. It means Hop Fung Group Holdings's inventory declined by HK$6.1 Mil from Jun. 2023 to Dec. 2023 .

Hop Fung Group Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$8.4 Mil. It means Hop Fung Group Holdings's inventory declined by HK$8.4 Mil from Dec. 2022 to Dec. 2023 .

Hop Fung Group Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$22.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hop Fung Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 42.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hop Fung Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.25.

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. Hop Fung Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Hop Fung Group Holdings Change In Inventory Historical Data

The historical data trend for Hop Fung Group Holdings'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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Hop Fung Group Holdings Change In Inventory Chart

Hop Fung Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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164.71

-41.81

21.69

84.45

8.42

Hop Fung Group Holdings Semi-Annual Data
	Jun14	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															124.87	54.31	30.14	2.32	6.10

Hop Fung Group Holdings 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$8.4 Mil.

Hop Fung Group Holdings (HKSE:02320) Change In Inventory Explanation

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

Hop Fung Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	25.5475	/	108.536	*	365 / 2
	=	42.96

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

Hop Fung Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	108.536	/	25.5475
	=	4.25

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.

Hop Fung Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.5475	/	118.125
	=	0.22

Hop Fung Group Holdings Change In Inventory Related Terms

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Hop Fung Group Holdings (HKSE:02320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hop Fung Group Holdings Ltd (HKSE:02320) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 57 Sha Tsui Road and Nos. 30-38 Tai Chung Road, Workshops E, F and H, 22nd Floor, Superluck Industrial Centre (Phase 2), Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.hopfunggroup.com

Hop Fung Group Holdings Ltd is principally engaged in the business of manufacturing and sale of corrugated paperware products. The company operates through two segments namely Containerboard and Corrugated packaging. Its Containerboard segment offers corrugating medium and liner board. The Corrugated packaging segment is involved in the production and marketing of corrugated paper boards and carton boxes. It generates key revenue from the Corrugated packaging segment. Geographically, it derives a majority of its revenue from the PRC.

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