Guoquan Food (Shanghai) Co (HKSE:02517) Change In Inventory : HK$362 Mil (TTM As of Dec. 2023)

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What is Guoquan Food (Shanghai) Co Change In Inventory?

Guoquan Food (Shanghai) Co's change in inventory for the quarter that ended in Dec. 2023 was HK$362 Mil. It means Guoquan Food (Shanghai) Co's inventory declined by HK$362 Mil from Dec. 2022 to Dec. 2023 .

Guoquan Food (Shanghai) Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$362 Mil. It means Guoquan Food (Shanghai) Co's inventory declined by HK$362 Mil from Dec. 2022 to Dec. 2023 .

Guoquan Food (Shanghai) Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$787 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guoquan Food (Shanghai) Co's Days Inventory for the quarter that ended in Dec. 2023 was 34.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guoquan Food (Shanghai) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.30.

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. Guoquan Food (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Guoquan Food (Shanghai) Co Change In Inventory Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

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Guoquan Food (Shanghai) Co Change In Inventory Chart

Guoquan Food (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-569.45

58.46

-459.40

362.09

Guoquan Food (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Change In Inventory	-569.45	58.46	-459.40	362.09

Guoquan Food (Shanghai) 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$362 Mil.

Guoquan Food (Shanghai) Co (HKSE:02517) Change In Inventory Explanation

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

Guoquan Food (Shanghai) 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
	=	978.3205	/	5187.971	*	365 / 2
	=	34.41

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

Guoquan Food (Shanghai) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5187.971	/	978.3205
	=	5.30

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.

Guoquan Food (Shanghai) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	978.3205	/	6665.602
	=	0.15

Guoquan Food (Shanghai) Co Change In Inventory Related Terms

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Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN

Website

http://www.zzgqsh.com

Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.

Executives

Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Generation One Holdings Ltd	2101 Beneficial owner
Vision Knight Capital (china) Fund Ii, L.p.	2201 Interest of corporation controlled by you
Vision Knight Capital (china) Gp Ii, L.p.	2201 Interest of corporation controlled by you
Vkc (china) Gp Ii Ltd.	2201 Interest of corporation controlled by you
Vkc Cayman Ii Ltd.	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you
Wei Zhe	2201 Interest of corporation controlled by you
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Li Zhujie	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo	2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Guoquan Food (Shanghai) Co (HKSE:02517) Headlines

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