Paradise Entertainment (HKSE:01180) Change In Inventory : HK$-1.8 Mil (TTM As of Dec. 2023)

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What is Paradise Entertainment Change In Inventory?

Paradise Entertainment's change in inventory for the quarter that ended in Dec. 2023 was HK$5.3 Mil. It means Paradise Entertainment's inventory declined by HK$5.3 Mil from Jun. 2023 to Dec. 2023 .

Paradise Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-1.8 Mil. It means Paradise Entertainment's inventory increased by HK$1.8 Mil from Dec. 2022 to Dec. 2023 .

Paradise Entertainment's Total Inventories for the quarter that ended in Dec. 2023 was HK$33.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paradise Entertainment's Days Inventory for the quarter that ended in Dec. 2023 was 40.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paradise Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.55.

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. Paradise Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Paradise Entertainment Change In Inventory Historical Data

The historical data trend for Paradise Entertainment'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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Paradise Entertainment Change In Inventory Chart

Paradise Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.64

-7.96

5.19

10.91

-1.76

Paradise Entertainment 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															14.87	5.35	5.57	-7.07	5.31

Paradise Entertainment 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 HK$-1.8 Mil.

Paradise Entertainment (HKSE:01180) Change In Inventory Explanation

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

Paradise Entertainment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	39.118	/	177.934	*	365 / 2
	=	40.12

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

Paradise Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177.934	/	39.118
	=	4.55

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.

Paradise Entertainment's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.118	/	387.563
	=	0.10

Paradise Entertainment Change In Inventory Related Terms

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Paradise Entertainment (HKSE:01180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Paradise Entertainment Ltd (HKSE:01180) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PDSSF:USA LIL3:Germany

Address

Unit C, 19th Floor, 30 Queen's Road Central, Entertainment Building, Hong Kong, HKG

Website

https://www.hk1180.com

Paradise Entertainment Ltd is an investment holding company. The company, through its subsidiaries, engages in the development, supply, and sales of electronic gaming systems and the provision of casino management services. The operating segment of the company is divided into two segments: Casino management services engaged in the provision of casino management services in Macau; and Gaming systems engaged in the development, sale and leasing of electronic gaming equipment and systems and royalty income. It generates the majority of its revenue from Casino Service.

Executives

Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you

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