China Foods (HKSE:00506) Change In Inventory : HK$210 Mil (TTM As of Dec. 2023)

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What is China Foods Change In Inventory?

China Foods's change in inventory for the quarter that ended in Dec. 2023 was HK$-581 Mil. It means China Foods's inventory increased by HK$581 Mil from Jun. 2023 to Dec. 2023 .

China Foods's change in inventory for the fiscal year that ended in Dec. 2023 was HK$210 Mil. It means China Foods's inventory declined by HK$210 Mil from Dec. 2022 to Dec. 2023 .

China Foods's Total Inventories for the quarter that ended in Dec. 2023 was HK$1,900 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Foods's Days Inventory for the quarter that ended in Dec. 2023 was 45.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.98.

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. China Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

China Foods Change In Inventory Historical Data

The historical data trend for China Foods'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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China Foods Change In Inventory Chart

China Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-301.79

29.41

-113.55

80.04

209.88

China Foods 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															-897.77	1,061.07	-930.81	790.57	-580.69

China Foods 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$210 Mil.

China Foods (HKSE:00506) Change In Inventory Explanation

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

China Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1611.7575	/	6415.131	*	365 / 2
	=	45.85

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6415.131	/	1611.7575
	=	3.98

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1611.7575	/	9833.663
	=	0.16

China Foods Change In Inventory Related Terms

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China Foods (HKSE:00506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » China Foods Ltd (HKSE:00506) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CFH:Germany

Address

262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.chinafoodsltd.com

China Foods Ltd is an investment holding company that operates in the beverage business. It offers twenty-four brands of products in eleven major types of beverages, which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink, plant-based protein drink, and alcoholic drink. Geographically, it derives the majority of revenue from Mainland China.

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
Brown Brothers Harriman & Co.	2502 Approved lending agent
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you

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