Miramar Hotel & Investment Co (HKSE:00071) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Miramar Hotel & Investment Co Change In Inventory?

Miramar Hotel & Investment Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Miramar Hotel & Investment Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Miramar Hotel & Investment Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-3 Mil. It means Miramar Hotel & Investment Co's inventory increased by HK$3 Mil from Dec. 2022 to Dec. 2023 .

Miramar Hotel & Investment Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$121 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Miramar Hotel & Investment Co's Days Inventory for the quarter that ended in Dec. 2023 was 23.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Miramar Hotel & Investment Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.67.

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. Miramar Hotel & Investment Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Miramar Hotel & Investment Co Change In Inventory Historical Data

The historical data trend for Miramar Hotel & Investment 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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Miramar Hotel & Investment Co Change In Inventory Chart

Miramar Hotel & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.64

1.93

-1.51

-2.08

-2.77

Miramar Hotel & Investment Co 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															-	-	-	-	-

Miramar Hotel & Investment 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Miramar Hotel & Investment Co (HKSE:00071) Change In Inventory Explanation

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

Miramar Hotel & Investment 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
	=	117.945	/	905.063	*	365 / 2
	=	23.78

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

Miramar Hotel & Investment Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	905.063	/	117.945
	=	7.67

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.

Miramar Hotel & Investment Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	117.945	/	1410.499
	=	0.08

Miramar Hotel & Investment Co Change In Inventory Related Terms

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Miramar Hotel & Investment Co (HKSE:00071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Miramar Hotel & Investment Co Ltd (HKSE:00071) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.miramar-group.com

Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.

Executives

Lee Ka Shing	2501 Other
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Hopkins (cayman) Limited	2201 Interest of corporation controlled by you
Riddick (cayman) Limited	2301 Trustee
Rimmer (cayman) Limited	2301 Trustee
Lee Shau Kee	2501 Other

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