Fosun Tourism Group (FRA:6T8) Change In Inventory : €111 Mil (TTM As of Dec. 2023)

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What is Fosun Tourism Group Change In Inventory?

Fosun Tourism Group's change in inventory for the quarter that ended in Dec. 2023 was €92 Mil. It means Fosun Tourism Group's inventory declined by €92 Mil from Jun. 2023 to Dec. 2023 .

Fosun Tourism Group's change in inventory for the fiscal year that ended in Dec. 2023 was €111 Mil. It means Fosun Tourism Group's inventory declined by €111 Mil from Dec. 2022 to Dec. 2023 .

Fosun Tourism Group's Total Inventories for the quarter that ended in Dec. 2023 was €261 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fosun Tourism Group's Days Inventory for the quarter that ended in Dec. 2023 was 74.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fosun Tourism Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.46.

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. Fosun Tourism Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Fosun Tourism Group Change In Inventory Historical Data

The historical data trend for Fosun Tourism Group'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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Fosun Tourism Group Change In Inventory Chart

Fosun Tourism Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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181.62

-45.48

-14.89

-17.36

110.60

Fosun Tourism Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial											-10.05	-9.03	-8.70	18.69	91.97

Fosun Tourism Group 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 €111 Mil.

Fosun Tourism Group (FRA:6T8) Change In Inventory Explanation

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

Fosun Tourism Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	298.8425	/	736.463	*	365 / 2
	=	74.05

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

Fosun Tourism Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	736.463	/	298.8425
	=	2.46

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.

Fosun Tourism Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	298.8425	/	1059.918
	=	0.28

Fosun Tourism Group Change In Inventory Related Terms

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Fosun Tourism Group (FRA:6T8) Business Description

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01992:Hong Kong

Address

3 Garden Road, Room 808 & 2101-06, ICBC Tower, Central, Hong Kong, HKG, 210010

Website

http://www.fosunholiday.com

Fosun Tourism Group is primarily engaged in providing pioneering and family-focused tourism and leisure solutions. The principal business activities of the group are resort; tourism destinations; and services and solutions in various tourism and leisure settings.

Fosun Tourism Group (FRA:6T8) Headlines

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