GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Folangsi Co Ltd (HKSE:02499) » Definitions » Change In Inventory

Folangsi Co (HKSE:02499) Change In Inventory : HK$-7 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Folangsi Co Change In Inventory?

Folangsi Co's change in inventory for the quarter that ended in Dec. 2023 was HK$-7 Mil. It means Folangsi Co's inventory increased by HK$7 Mil from Dec. 2022 to Dec. 2023 .

Folangsi Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-7 Mil. It means Folangsi Co's inventory increased by HK$7 Mil from Dec. 2022 to Dec. 2023 .

Folangsi Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$100 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Folangsi Co's Days Inventory for the quarter that ended in Dec. 2023 was 16.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Folangsi Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.77.

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. Folangsi Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Folangsi Co Change In Inventory Historical Data

The historical data trend for Folangsi 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.

Folangsi Co Change In Inventory Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
-1.41 -15.37 -16.39 -7.12

Folangsi Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Change In Inventory -1.41 -15.37 -16.39 -7.12

Folangsi Co 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$-7 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.

Folangsi Co  (HKSE:02499) Change In Inventory Explanation

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

Folangsi 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
=96.955/1043.909*365 / 2
=16.95

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1043.909 / 96.955
=10.77

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=96.955 / 1500.451
=0.06

* 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.

Folangsi Co Change In Inventory Related Terms

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

Folangsi Co (HKSE:02499) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Folangsi Co Ltd (HKSE:02499) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Website
https://www.fls123.com
Folangsi Co Ltd is a leading intralogistics equipment solution provider in China. Focusing on intralogistics equipment subscription services, It strives to provide enterprises with one-stop solutions for intralogistics equipment utilization and management. It also has an established presence in the industry, providing services that span the entire lifecycle of intralogistics equipment, including equipment subscription, repair and maintenance, and disposal.
Executives
Hou Zebing
Hou Zekuan
Guangzhou Daze Investment Partnership (limited Partnership)
Yin Junping 2201 Interest of corporation controlled by you
Shenzhen Xinyu Equity Investment Enterprise (limited Partnership)
Zhang Gaozhao
Li Yan 2201 Interest of corporation controlled by you
Shang Hai Ding Man Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ding Xiao Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Ding Ji Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Zhong Ding Chuang Ye Er Hao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner

Folangsi Co (HKSE:02499) Headlines

No Headlines