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Global New Material International Holdings (HKSE:06616) Change In Inventory : HK$0 Mil (TTM As of Jun. 2024)


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What is Global New Material International Holdings Change In Inventory?

Global New Material International Holdings's change in inventory for the quarter that ended in Jun. 2024 was HK$0 Mil. It means Global New Material International Holdings's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Global New Material International Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$3 Mil. It means Global New Material International Holdings's inventory declined by HK$3 Mil from Dec. 2022 to Dec. 2023 .

Global New Material International Holdings's Total Inventories for the quarter that ended in Jun. 2024 was HK$269 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global New Material International Holdings's Days Inventory for the quarter that ended in Jun. 2024 was 115.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global New Material International Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.57.

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. Global New Material International Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.32.

Global New Material International Holdings Change In Inventory Historical Data

The historical data trend for Global New Material International Holdings'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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Global New Material International Holdings Change In Inventory Chart

Global New Material International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -6.36 5.65 -32.38 -20.45 3.03

Global New Material International Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Global New Material International Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 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.

Global New Material International Holdings  (HKSE:06616) Change In Inventory Explanation

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

Global New Material International Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=264.4955/416.245*365 / 2
=115.97

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

Global New Material International Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=416.245 / 264.4955
=1.57

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.

Global New Material International Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=264.4955 / 833.914
=0.32

* 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.

Global New Material International Holdings Change In Inventory Related Terms

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Global New Material International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global New Material International Holdings Ltd (HKSE:06616) » Definitions » Change In Inventory
Comparable Companies
HKSE:00746 HKSE:01702 HKSE:02198 HKSE:00609 HKSE:00827 HKSE:09933 HKSE:00433 HKSE:08139 HKSE:00660 HKSE:00189 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 CE XKLS:5183 XKRX:086520
Traded in Other Exchanges
N/A
Address
No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600
Website
http://www.chesir.net
Global New Material International Holdings Ltd is engaged in the production, research and development, and sales of pearlescent materials and synthetic mica. The materials are used in diverse applications and industries, including industrial coatings, plastics, textiles and leather, cosmetics, and automotive coatings. The company generates the majority of its revenue from the sale of pearlescent pigment products.
Executives
Wang Huan 2202 Interest of your spouse
Su Ertian 2201 Interest of corporation controlled by you
Guang Xi Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Gui Dong Dian Li Gu Fen You Xian Gong Si 2101 Beneficial owner
Guang Xi Guang Tou Zheng Run Fa Zhan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
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Guang Xi Jin Rong Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Tou Zi Ben Guan Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guo Jia Kai Fa Yin Hang 2201 Interest of corporation controlled by you
You Ou Bi Tou Zi Guan Li Shang Hai You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Tou Zi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guo Kai Jin Rong You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Yang Hui Jin Tou Zi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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