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LC Logistics (HKSE:02490) Change In Inventory : HK$1 Mil (TTM As of Dec. 2023)


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What is LC Logistics Change In Inventory?

LC Logistics's change in inventory for the quarter that ended in Dec. 2023 was HK$1 Mil. It means LC Logistics's inventory declined by HK$1 Mil from Dec. 2022 to Dec. 2023 .

LC Logistics's change in inventory for the fiscal year that ended in Dec. 2023 was HK$1 Mil. It means LC Logistics's inventory declined by HK$1 Mil from Dec. 2022 to Dec. 2023 .

LC Logistics's Total Inventories for the quarter that ended in Dec. 2023 was HK$6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LC Logistics's Days Inventory for the quarter that ended in Dec. 2023 was 1.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. LC Logistics's Inventory Turnover for the quarter that ended in Dec. 2023 was 166.98.

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. LC Logistics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

LC Logistics Change In Inventory Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Change In Inventory Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
-1.15 -16.79 11.66 1.33

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Change In Inventory -1.15 -16.79 11.66 1.33

LC Logistics Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was HK$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.

LC Logistics  (HKSE:02490) Change In Inventory Explanation

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

LC Logistics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6.628/1106.743*365 / 2
=1.09

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

LC Logistics's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1106.743 / 6.628
=166.98

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.

LC Logistics's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6.628 / 1354.613
=0.00

* 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.

LC Logistics Change In Inventory Related Terms

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LC Logistics (HKSE:02490) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Change In Inventory
Comparable Companies
HKSE:02130 HKSE:03399 HKSE:02482 HKSE:01442 HKSE:00500 HKSE:08310 HKSE:06123 HKSE:08047 HKSE:01292 HKSE:01732 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN
Website
http://www.burnasia.cn
LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.
Executives
Li Yan 2201 Interest of corporation controlled by you
Liu Quanxiang 2201 Interest of corporation controlled by you
Xu Xin 2201 Interest of corporation controlled by you
Grand Sailing Limited 2201 Interest of corporation controlled by you
Lecang Altitude Limited 2101 Beneficial owner
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Lecang Flourishing Limited 2101 Beneficial owner
Spring Wealth Limited 2201 Interest of corporation controlled by you
Lecang Shining Limited 2101 Beneficial owner
Peace Seaworld Limited 2201 Interest of corporation controlled by you

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