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Persistence Resources Group (HKSE:02489) Change In Inventory : HK$4.1 Mil (TTM As of Dec. 2024)


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What is Persistence Resources Group Change In Inventory?

Persistence Resources Group's change in inventory for the quarter that ended in Dec. 2024 was HK$-0.8 Mil. It means Persistence Resources Group's inventory increased by HK$0.8 Mil from Jun. 2024 to Dec. 2024 .

Persistence Resources Group's change in inventory for the fiscal year that ended in Dec. 2024 was HK$4.0 Mil. It means Persistence Resources Group's inventory declined by HK$4.0 Mil from Dec. 2023 to Dec. 2024 .

Persistence Resources Group's Total Inventories for the quarter that ended in Dec. 2024 was HK$19.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Persistence Resources Group's Days Inventory for the quarter that ended in Dec. 2024 was 23.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Persistence Resources Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 7.62.

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. Persistence Resources Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.


Persistence Resources Group Change In Inventory Historical Data

The historical data trend for Persistence Resources 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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Persistence Resources Group Change In Inventory Chart

Persistence Resources Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
1.65 11.27 1.27 -3.47 4.04

Persistence Resources Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Inventory Get a 7-Day Free Trial 0.16 8.03 -11.50 4.89 -0.81

Persistence Resources 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$4.1 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.


Persistence Resources Group  (HKSE:02489) Change In Inventory Explanation

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

Persistence Resources 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
=18.933/144.192*365 / 2
=23.96

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

Persistence Resources Group's Inventory Turnover for the quarter that ended in Dec. 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.

Persistence Resources Group's Inventory to Revenue for the quarter that ended in Dec. 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.


Persistence Resources Group Change In Inventory Related Terms

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Persistence Resources Group Business Description

Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Centra, Level 20, Infinitus Plaza, Hong Kong, HKG
Persistence Resources Group Ltd is a gold exploration, mining and processing company. It operates the Songjiagou Open-Pit Mine and Songjiagou Underground Mine in Yantai city of Shandong Province of China. The group has one reportable operating segment which is mining and processing gold that is ultimately sold as gold bullion.
Executives
Majestic Gold Corp. 2101 Beneficial owner
Dong Fang Jin Ye Xiang Gang You Xian Gong Si

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