Shenzhou International Group Holdings (Shenzhou International Group Holdings) Change In Inventory : $19 Mil (TTM As of Dec. 2023)

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What is Shenzhou International Group Holdings Change In Inventory?

Shenzhou International Group Holdings's change in inventory for the quarter that ended in Dec. 2023 was $27 Mil. It means Shenzhou International Group Holdings's inventory declined by $27 Mil from Jun. 2023 to Dec. 2023 .

Shenzhou International Group Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $19 Mil. It means Shenzhou International Group Holdings's inventory declined by $19 Mil from Dec. 2022 to Dec. 2023 .

Shenzhou International Group Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $858 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhou International Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 114.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhou International Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.60.

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. Shenzhou International Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Shenzhou International Group Holdings Change In Inventory Historical Data

The historical data trend for Shenzhou International 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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Shenzhou International Group Holdings Change In Inventory Chart

Shenzhou International Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-6.41

72.02

-286.40

53.76

19.06

Shenzhou International Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-63.97	-185.52	231.93	-8.20	27.28

Shenzhou International 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $19 Mil.

Shenzhou International Group Holdings (OTCPK:SHZHY) Change In Inventory Explanation

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

Shenzhou International 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
	=	870.11	/	1392.518	*	365 / 2
	=	114.03

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1392.518	/	870.11
	=	1.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	870.11	/	1877.795
	=	0.46

Shenzhou International Group Holdings Change In Inventory Related Terms

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Shenzhou International Group Holdings (Shenzhou International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shenzhou International Group Holdings Ltd (OTCPK:SHZHY) » Definitions » Change In Inventory

Traded in Other Exchanges

SZHIF:USA 02313:Hong Kong S6L:Germany

Address

18 Yongjiang Road, Ningbo Economic and Technical Development Zone, Zhejiang Province, Ningbo, CHN

Website

http://www.shenzhouintl.com

Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (74% of 2021 revenue), casual wear (20% of 2021 revenue), and lingerie (4% of 2021 revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is the company's largest market, accounting for 32% of sales in 2021. This is followed by Europe, the U.S. and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.

Shenzhou International Group Holdings (Shenzhou International Group Holdings) Headlines

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