Glory Flame Holdings (HKSE:08059) Change In Inventory : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Glory Flame Holdings Change In Inventory?

Glory Flame Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Glory Flame Holdings's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Glory Flame Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$1.3 Mil. It means Glory Flame Holdings's inventory declined by HK$1.3 Mil from Dec. 2022 to Dec. 2023 .

Glory Flame Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$1.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glory Flame Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 4.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glory Flame Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.64.

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. Glory Flame Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Glory Flame Holdings Change In Inventory Historical Data

The historical data trend for Glory Flame 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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Glory Flame Holdings Change In Inventory Chart

Glory Flame Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.74

-1.95

1.50

-0.24

1.31

Glory Flame Holdings Quarterly Data
	Mar19	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															-	-	-	-	-

Glory Flame 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Glory Flame Holdings (HKSE:08059) Change In Inventory Explanation

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

Glory Flame 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
	=	0.928	/	18.225	*	365 / 4
	=	4.65

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

Glory Flame Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.225	/	0.928
	=	19.64

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.

Glory Flame Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.928	/	24.889
	=	0.04

Glory Flame Holdings Change In Inventory Related Terms

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Glory Flame Holdings (HKSE:08059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glory Flame Holdings Ltd (HKSE:08059) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 821, 8th Floor, Ocean Centre, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.gf-holdings.com

Glory Flame Holdings Ltd is an investment holding company. The group mainly engages in the provision of concrete demolition services and manufacturing and trading of prefabricated construction components The geographical segments of the group are Hong Kong and the PRC.

Executives

Zhou Jin	2101 Beneficial owner
Zhu Zhou	2101 Beneficial owner
Huang Cheng	2101 Beneficial owner
Du Hao	2101 Beneficial owner

Glory Flame Holdings (HKSE:08059) Headlines

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