Venus Medtech (Hangzhou) (HKSE:02500) Change In Inventory : HK$-28.6 Mil (TTM As of Dec. 2023)

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What is Venus Medtech (Hangzhou) Change In Inventory?

Venus Medtech (Hangzhou)'s change in inventory for the quarter that ended in Dec. 2023 was HK$-14.5 Mil. It means Venus Medtech (Hangzhou)'s inventory increased by HK$14.5 Mil from Jun. 2023 to Dec. 2023 .

Venus Medtech (Hangzhou)'s change in inventory for the fiscal year that ended in Dec. 2023 was HK$-28.6 Mil. It means Venus Medtech (Hangzhou)'s inventory increased by HK$28.6 Mil from Dec. 2022 to Dec. 2023 .

Venus Medtech (Hangzhou)'s Total Inventories for the quarter that ended in Dec. 2023 was HK$123.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Venus Medtech (Hangzhou)'s Days Inventory for the quarter that ended in Dec. 2023 was 440.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Venus Medtech (Hangzhou)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 0.41.

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. Venus Medtech (Hangzhou)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Venus Medtech (Hangzhou) Change In Inventory Historical Data

The historical data trend for Venus Medtech (Hangzhou)'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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Venus Medtech (Hangzhou) Change In Inventory Chart

Venus Medtech (Hangzhou) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-9.68

-44.60

-35.73

-15.27

-28.64

Venus Medtech (Hangzhou) Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-27.12	-15.92	-0.10	-14.16	-14.48

Venus Medtech (Hangzhou) 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$-28.6 Mil.

Venus Medtech (Hangzhou) (HKSE:02500) Change In Inventory Explanation

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

Venus Medtech (Hangzhou)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	126.195	/	52.291	*	365 / 2
	=	440.43

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

Venus Medtech (Hangzhou)'s Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.291	/	126.195
	=	0.41

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.

Venus Medtech (Hangzhou)'s Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	126.195	/	257.873
	=	0.49

Venus Medtech (Hangzhou) Change In Inventory Related Terms

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Venus Medtech (Hangzhou) (HKSE:02500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Venus Medtech (Hangzhou) Inc (HKSE:02500) » Definitions » Change In Inventory

Comparable Companies

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VMTHF:USA

Address

No. 88, Jiangling Road, Room 311, 3rd Floor, Block 2, Binjiang District, Hangzhou, CHN, 310051

Website

https://www.venusmedtech.com

Venus Medtech (Hangzhou) Inc is engaged in the development and commercialization of transcatheter solutions for structural heart diseases. It has two TAVR products on the market, namely VenusA-Valve, and VenusA-Plus. VenusA-Valve is its first-generation TAVR device, which is used to treat severe Aortic Stenosis (AS) using a transcatheter approach. VenusA-Plus is an upgraded product of VenusA-Valve. Geographically all of the revenue is derived from Mainland China.

Executives

Zeng Min Frank	2201 Interest of corporation controlled by you
Zi Zhenjun	2201 Interest of corporation controlled by you
Ming Zhi Investments (bvi) Limited	2101 Beneficial owner
Ming Zhi Investments Limited	2201 Interest of corporation controlled by you
Qiming Venture Partners Iii, L.p.	2201 Interest of corporation controlled by you
Qiming Corporate Gp Iii, Ltd.	2201 Interest of corporation controlled by you
Qiming Gp Iii, L.p.	2201 Interest of corporation controlled by you
Dcp Capital Partners, L.p.	2201 Interest of corporation controlled by you
Dcp General Partner, Ltd	2201 Interest of corporation controlled by you
Dcp, Ltd.	2201 Interest of corporation controlled by you
Liu Haifeng David	2201 Interest of corporation controlled by you
Muheng Capital Partners (hong Kong) Limited	2101 Beneficial owner
Red Giant Limited	2201 Interest of corporation controlled by you
Wolhardt Julian Juul	2201 Interest of corporation controlled by you
Horizon Binjiang Llc	2101 Beneficial owner

Venus Medtech (Hangzhou) (HKSE:02500) Headlines

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