Grand Ming Group Holdings (HKSE:01271) Change In Inventory : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Grand Ming Group Holdings Change In Inventory?

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

Grand Ming Group Holdings's change in inventory for the fiscal year that ended in Mar. 2023 was HK$2,395.6 Mil. It means Grand Ming Group Holdings's inventory declined by HK$2,395.6 Mil from Mar. 2022 to Mar. 2023 .

Grand Ming Group Holdings's Total Inventories for the quarter that ended in Sep. 2023 was HK$1,844.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Ming Group Holdings's Days Inventory for the quarter that ended in Sep. 2023 was 3,455.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Ming Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.05.

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. Grand Ming Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 9.32.

Grand Ming Group Holdings Change In Inventory Historical Data

The historical data trend for Grand Ming Group 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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Grand Ming Group Holdings Change In Inventory Chart

Grand Ming Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-9.43

-193.50

-731.86

-572.61

2,395.57

Grand Ming Group 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															-	-	-	-	-

Grand Ming Group 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.

Grand Ming Group Holdings (HKSE:01271) Change In Inventory Explanation

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

Grand Ming Group 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
	=	1786.015	/	94.333	*	365 / 2
	=	3,455.29

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

Grand Ming Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.333	/	1786.015
	=	0.05

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.

Grand Ming Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1786.015	/	191.702
	=	9.32

Grand Ming Group Holdings Change In Inventory Related Terms

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Grand Ming Group Holdings (HKSE:01271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Change In Inventory

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Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. The segments in which the company operates include Construction is a key revenue driver, which includes contracts for residential buildings, commercial buildings, and data centers; Property leasing, which includes leasing of data centers; and Property development segment includes the development and sale of properties. All of its activities are carried out in Hong Kong.

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