Asia Commercial Holdings (HKSE:00104) Change In Inventory : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Asia Commercial Holdings Change In Inventory?

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

Asia Commercial Holdings's change in inventory for the fiscal year that ended in Mar. 2023 was HK$-11.0 Mil. It means Asia Commercial Holdings's inventory increased by HK$11.0 Mil from Mar. 2022 to Mar. 2023 .

Asia Commercial Holdings's Total Inventories for the quarter that ended in Sep. 2023 was HK$100.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asia Commercial Holdings's Days Inventory for the quarter that ended in Sep. 2023 was 80.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Commercial Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.26.

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. Asia Commercial Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.30.

Asia Commercial Holdings Change In Inventory Historical Data

The historical data trend for Asia Commercial 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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Asia Commercial Holdings Change In Inventory Chart

Asia Commercial Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-41.49

-4.62

95.54

12.77

-10.96

Asia Commercial Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Asia Commercial 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Asia Commercial Holdings (HKSE:00104) Change In Inventory Explanation

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

Asia Commercial 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
	=	100.0635	/	226.273	*	365 / 2
	=	80.71

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

Asia Commercial Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	226.273	/	100.0635
	=	2.26

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.

Asia Commercial Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.0635	/	338.01
	=	0.30

Asia Commercial Holdings Change In Inventory Related Terms

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Asia Commercial Holdings (HKSE:00104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Commercial Holdings Ltd (HKSE:00104) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road East, 3901, 39th Floor, The Hopewell Centre, Wanchai, Hong Kong, HKG

Website

http://www.asiacommercialholdings.com

Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. The company currently operates in The People's Republic of China, United Kingdom, Hong Kong, and Switzerland out of which PRC generates the maximum revenue for the company.

Executives

Lam Kim Phung	2101 Beneficial owner
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Goodideal Industrial Limited	2101 Beneficial owner
Eav Yin	2101 Beneficial owner
Chanchhaya Trustee Holding Corporation
Covenhills Limited

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