Zhejiang Hangmin Co (SHSE:600987) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Hangmin Co Change In Inventory?

Zhejiang Hangmin Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Zhejiang Hangmin Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Hangmin Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-262 Mil. It means Zhejiang Hangmin Co's inventory increased by ¥262 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Hangmin Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥3,084 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Hangmin Co's Days Inventory for the quarter that ended in Mar. 2024 was 83.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Hangmin Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.09.

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. Zhejiang Hangmin Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Zhejiang Hangmin Co Change In Inventory Historical Data

The historical data trend for Zhejiang Hangmin 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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Zhejiang Hangmin Co Change In Inventory Chart

Zhejiang Hangmin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-91.02

-40.65

-208.73

-63.53

-261.98

Zhejiang Hangmin Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Zhejiang Hangmin 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Zhejiang Hangmin Co (SHSE:600987) Change In Inventory Explanation

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

Zhejiang Hangmin 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
	=	2440.2885	/	2662.171	*	365 / 4
	=	83.64

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

Zhejiang Hangmin Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2662.171	/	2440.2885
	=	1.09

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.

Zhejiang Hangmin Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2440.2885	/	3126.781
	=	0.78

Zhejiang Hangmin Co Change In Inventory Related Terms

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Zhejiang Hangmin Co (SHSE:600987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Hangmin Co Ltd (SHSE:600987) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241

Website

http://www.hmgf.com

Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.

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