Shandong Boan Biotechnology Co (HKSE:06955) Change In Inventory : HK$-23.7 Mil (TTM As of Dec. 2023)

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What is Shandong Boan Biotechnology Co Change In Inventory?

Shandong Boan Biotechnology Co's change in inventory for the quarter that ended in Dec. 2023 was HK$-8.0 Mil. It means Shandong Boan Biotechnology Co's inventory increased by HK$8.0 Mil from Jun. 2023 to Dec. 2023 .

Shandong Boan Biotechnology Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-23.7 Mil. It means Shandong Boan Biotechnology Co's inventory increased by HK$23.7 Mil from Dec. 2022 to Dec. 2023 .

Shandong Boan Biotechnology Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$180.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Boan Biotechnology Co's Days Inventory for the quarter that ended in Dec. 2023 was 279.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Boan Biotechnology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.65.

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. Shandong Boan Biotechnology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Shandong Boan Biotechnology Co Change In Inventory Historical Data

The historical data trend for Shandong Boan Biotechnology 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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Shandong Boan Biotechnology Co Change In Inventory Chart

Shandong Boan Biotechnology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-20.29

-96.94

-50.02

-23.69

Shandong Boan Biotechnology Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-60.18	-49.28	-3.08	-15.71	-7.97

Shandong Boan Biotechnology Co 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$-23.7 Mil.

Shandong Boan Biotechnology Co (HKSE:06955) Change In Inventory Explanation

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

Shandong Boan Biotechnology 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
	=	178.078	/	116.1	*	365 / 2
	=	279.92

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	116.1	/	178.078
	=	0.65

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	178.078	/	390.366
	=	0.46

Shandong Boan Biotechnology Co Change In Inventory Related Terms

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Shandong Boan Biotechnology Co (HKSE:06955) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

UJ9:Germany

Address

No. 39 Keji Avenue, High-Tech Industrial Development Zone, Shandong Province, Yantai, CHN

Website

https://www.boan-bio.com

Shandong Boan Biotechnology Co Ltd is a fully integrated biopharmaceutical company. The company is engaged in the development, manufacture, and commercialization of high-quality biologics in China and around the world. It focuses on areas such as oncology, metabolism, autoimmunity, and ophthalmology. Geographically company's revenue is generated from customers located in Mainland China.

Executives

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Liu Dianbo
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Shan Dong Lv Ye Zhi Yao You Xian Gong Si
Yan Tai Lv Ye Yi Yao Kong Gu Ji Tuan You Xian Gong Si
Li Li	2201 Interest of corporation controlled by you

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