Chinaftower International Holding Group (HKSE:08623) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Chinaftower International Holding Group Change In Inventory?

Chinaftower International Holding Group's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Chinaftower International Holding Group's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Chinaftower International Holding Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$14.2 Mil. It means Chinaftower International Holding Group's inventory declined by HK$14.2 Mil from Dec. 2022 to Dec. 2023 .

Chinaftower International Holding Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$5.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chinaftower International Holding Group's Days Inventory for the quarter that ended in Dec. 2023 was 3.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chinaftower International Holding Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.08.

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. Chinaftower International Holding Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Chinaftower International Holding Group Change In Inventory Historical Data

The historical data trend for Chinaftower International Holding Group'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.

* Premium members only.

Chinaftower International Holding Group Change In Inventory Chart

Chinaftower International Holding Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

5.23

4.78

-3.80

2.45

14.19

Chinaftower International Holding Group Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Chinaftower International Holding Group 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Chinaftower International Holding Group (HKSE:08623) Change In Inventory Explanation

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

Chinaftower International Holding Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.8695	/	86.322	*	365 / 4
	=	3.03

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

Chinaftower International Holding Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86.322	/	2.8695
	=	30.08

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.

Chinaftower International Holding Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.8695	/	85.855
	=	0.03

Chinaftower International Holding Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Chinaftower International Holding Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Chinaftower International Holding Group (HKSE:08623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Saftower International Holding Group Ltd (HKSE:08623) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 9, Huaide Road, Sichuan-Zhejiang Cooperation Industrial Park, Guangyuan Economic and Technological Development Z, Sichuan Province, Guangyuan, CHN

Website

http://www.saftower.com

China Saftower International Holding Group Ltd is a manufacturer and supplier of wires and cables and the sale of aluminum products in the People's Republic of China. The company's products include power cables, insulated overhead cables, aerial stranded wire, control cables, and aluminum alloy power cables. The Group's revenue was all derived from customers based in the PRC.

Executives

Dang Fei	2201 Interest of corporation controlled by you
Dang Jun	2103 Interests held jointly with another person
Li Li	2202 Interest of your spouse
Red Fly Investment Limited	2101 Beneficial owner
Fu Chuanrong	2101 Beneficial owner
Gao Hong	2202 Interest of your spouse
Wang Xiaozhong	2201 Interest of corporation controlled by you
Xseven Investment Limited	2101 Beneficial owner

Chinaftower International Holding Group (HKSE:08623) Headlines

No Headlines