Millennium Pacific Group Holdings (HKSE:08147) Change In Inventory : HK$0.00 Mil (TTM As of Dec. 2024)

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What is Millennium Pacific Group Holdings Change In Inventory?

Millennium Pacific Group Holdings's change in inventory for the quarter that ended in Dec. 2024 was HK$0.00 Mil. It means Millennium Pacific Group Holdings's inventory stayed the same from Jun. 2024 to Dec. 2024 .

Millennium Pacific Group Holdings's change in inventory for the fiscal year that ended in Dec. 2024 was HK$-0.16 Mil. It means Millennium Pacific Group Holdings's inventory increased by HK$0.16 Mil from Dec. 2023 to Dec. 2024 .

Millennium Pacific Group Holdings's Total Inventories for the quarter that ended in Dec. 2024 was HK$0.84 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Millennium Pacific Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

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.

Millennium Pacific Group Holdings Change In Inventory Historical Data

The historical data trend for Millennium Pacific Group 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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Millennium Pacific Group Holdings Change In Inventory Chart

Millennium Pacific Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-1.06

-2.01

-0.69

-0.71

-0.16

Millennium Pacific Group Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Millennium Pacific Group 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Millennium Pacific Group Holdings (HKSE:08147) Change In Inventory Explanation

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

Millennium Pacific Group 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
	=	1.2875	/	0	*	365 / 4
	=	N/A

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

Millennium Pacific Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	1.2875
	=	0.00

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.

Millennium Pacific Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.2875	/	0
	=	N/A

Millennium Pacific Group Holdings Change In Inventory Related Terms

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Millennium Pacific Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Millennium Pacific Group Holdings Ltd (HKSE:08147) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 92 Granville Road, Unit 5, 4th Floor, Energy Plaza, Tsim Sha Tsui East, Happiness Center, Kowloon, Hong Kong, HKG

Website

https://www.mpgroup.hk

Millennium Pacific Group Holdings Ltd is a company that is principally engaged in developing, manufacturing, and selling consumer electronic products. The company's core products consist of fitness bracelets, GPS personal navigation devices, mobile Internet devices, and digital video recorders. The company offers customers one-stop services by providing design, sampling, producing, assembling, and packaging of its products. Some of the company's products are sold through third-party retailers and online platforms. The company has a global business presence, with Taiwan, the Netherlands, Hong Kong, and the United Kingdom its core markets.

Executives

Lu Yajing	2201 Interest of corporation controlled by you
Lucky Most Investments Limited	2101 Beneficial owner
Ma Xingzhong	2201 Interest of corporation controlled by you
Viva Gain Investments Limited	2101 Beneficial owner
Wei Haiquan	2101 Beneficial owner
Pu Wei	2101 Beneficial owner
Wu Xiongbin	2101 Beneficial owner
Martford Limited	2101 Beneficial owner
Wang Lianghai	2201 Interest of corporation controlled by you
Citic Merchant Co., Limited	2201 Interest of corporation controlled by you
Ma Xingjin	2101 Beneficial owner
Wang Lianghai	2201 Interest of corporation controlled by you

Millennium Pacific Group Holdings Headlines

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