Hongda Xingye Co (SZSE:002002) Change In Inventory : ¥0 Mil (TTM As of Sep. 2023)

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What is Hongda Xingye Co Change In Inventory?

Hongda Xingye Co's change in inventory for the quarter that ended in Sep. 2023 was ¥0 Mil. It means Hongda Xingye Co's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Hongda Xingye Co's change in inventory for the fiscal year that ended in Dec. 2022 was ¥323 Mil. It means Hongda Xingye Co's inventory declined by ¥323 Mil from Dec. 2021 to Dec. 2022 .

Hongda Xingye Co's Total Inventories for the quarter that ended in Sep. 2023 was ¥1,140 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hongda Xingye Co's Days Inventory for the quarter that ended in Sep. 2023 was 403.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hongda Xingye Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.23.

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. Hongda Xingye Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 4.31.

Hongda Xingye Co Change In Inventory Historical Data

The historical data trend for Hongda Xingye 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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Hongda Xingye Co Change In Inventory Chart

Hongda Xingye Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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58.40

25.28

81.51

865.68

323.04

Hongda Xingye Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hongda Xingye 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Hongda Xingye Co (SZSE:002002) Change In Inventory Explanation

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

Hongda Xingye 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
	=	1166.9455	/	263.919	*	365 / 4
	=	403.47

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

Hongda Xingye Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	263.919	/	1166.9455
	=	0.23

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.

Hongda Xingye Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1166.9455	/	270.748
	=	4.31

Hongda Xingye Co Change In Inventory Related Terms

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Hongda Xingye Co (SZSE:002002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hongda Xingye Co Ltd (SZSE:002002) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No.1 Guangzhou Circle Road, Guangzhou Circle, 28th Floor, Guangzhou, CHN, 510385

Website

http://www.002002.cn

Hongda Xingye Co Ltd is a Chinese chemical resource company. It is engaged in the manufacture and sale of chemical products. The business areas of the company are New materials, Environmental protection, and Electronic trading. It offers products like soil conditioner, desulfurizer; environmental modification engineering services such as soil remediation, desulfuration, and denitration; PVC new materials like PVC, modified PVC, PVC building formwork, PVC pharmaceutical packaging material, PVC ecological houses; rare earth new materials such as rare earth heat stabilizer and rare earth catalyst. In addition, the company also provide services of the business to business e-commerce, comprehensive logistics, technical support for large spot industrial raw materials.

Executives

Chen Yong	Supervisors
Liao Rui Hao	Independent director
Zhou Yi Feng	Directors, executives
Lin Shao Han	Secretary, Director
Liu Dong Sheng	Independent director
Wang Yu Yue	Directors, executives
Yu Jing	Securities Affairs Representative
Huang Ze Jun	Executives
Ni Bao Zhu	Executives
Fan Yu Ren	Director

Hongda Xingye Co (SZSE:002002) Headlines

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