Maiyue Technology (HKSE:02501) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2024)

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What is Maiyue Technology Change In Inventory?

Maiyue Technology's change in inventory for the quarter that ended in Dec. 2024 was HK$0.0 Mil. It means Maiyue Technology's inventory stayed the same from Jun. 2024 to Dec. 2024 .

Maiyue Technology's change in inventory for the fiscal year that ended in Dec. 2024 was HK$-1.1 Mil. It means Maiyue Technology's inventory increased by HK$1.1 Mil from Dec. 2023 to Dec. 2024 .

Maiyue Technology's Total Inventories for the quarter that ended in Dec. 2024 was HK$4.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maiyue Technology's Days Inventory for the quarter that ended in Dec. 2024 was 3.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maiyue Technology's Inventory Turnover for the quarter that ended in Dec. 2024 was 46.27.

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. Maiyue Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

Maiyue Technology Change In Inventory Historical Data

The historical data trend for Maiyue Technology'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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Maiyue Technology Change In Inventory Chart

Maiyue Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

2.33

1.30

-2.43

1.64

-1.12

Maiyue Technology Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Maiyue Technology 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$0.0 Mil.

Maiyue Technology (HKSE:02501) Change In Inventory Explanation

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

Maiyue Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.429	/	204.928	*	365 / 2
	=	3.94

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

Maiyue Technology's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.928	/	4.429
	=	46.27

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.

Maiyue Technology's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.429	/	269.782
	=	0.02

Maiyue Technology Change In Inventory Related Terms

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Maiyue Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Gehai Road, Room 806, 8th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN

Website

http://www.maiyuesoft.com

Maiyue Technology Ltd is an integrated IT solutions services provider in the education and government IT solutions markets in Guangxi. It primarily focuses on the provision of customized integrated IT solutions services to customers in the education sector, primarily offline formal public education institutions, for the purpose of digitalized campus development. It aims to utilize technologies in its products and services to assist education institutions in opening up and connecting different departments, functions and facilities of campus in a single platform, realizing the integration and utilization of data from multiple sources, which improves the overall campus experience and effectiveness of teaching and learning.

Executives

Ye Shanmin	2201 Interest of corporation controlled by you
Chan Eong Liat Jason	2201 Interest of corporation controlled by you
Deep Blue Ocean Electronics Technology Limited	2101 Beneficial owner
Deng Caidie	2201 Interest of corporation controlled by you
He Deling	2202 Interest of your spouse
Kong Xiaoyan	2202 Interest of your spouse
Li Changqing	2201 Interest of corporation controlled by you
Wang Yufei	2201 Interest of corporation controlled by you
Xu Tao	2202 Interest of your spouse
Yang Zihan	2202 Interest of your spouse
Zhang Guangbai	2201 Interest of corporation controlled by you
Canwest Profits Limited	2101 Beneficial owner
Ng Ling Ling	2202 Interest of your spouse
Koh Lik Ching	2202 Interest of your spouse
Million Oak Limited	2101 Beneficial owner

Maiyue Technology Headlines

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