Infinity Logistics And Transport Ventures (HKSE:01442) Change In Inventory : HK$-7.4 Mil (TTM As of Dec. 2023)

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What is Infinity Logistics And Transport Ventures Change In Inventory?

Infinity Logistics And Transport Ventures's change in inventory for the quarter that ended in Dec. 2023 was HK$-13.4 Mil. It means Infinity Logistics And Transport Ventures's inventory increased by HK$13.4 Mil from Jun. 2023 to Dec. 2023 .

Infinity Logistics And Transport Ventures's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-7.4 Mil. It means Infinity Logistics And Transport Ventures's inventory increased by HK$7.4 Mil from Dec. 2022 to Dec. 2023 .

Infinity Logistics And Transport Ventures's Total Inventories for the quarter that ended in Dec. 2023 was HK$42.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Infinity Logistics And Transport Ventures's Days Inventory for the quarter that ended in Dec. 2023 was 25.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Infinity Logistics And Transport Ventures's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.24.

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. Infinity Logistics And Transport Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Infinity Logistics And Transport Ventures Change In Inventory Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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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Infinity Logistics And Transport Ventures Change In Inventory Chart

Infinity Logistics And Transport Ventures Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.16

-8.93

-4.99

-9.63

-7.43

Infinity Logistics And Transport Ventures Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial									-0.70	-3.16	-6.50	6.07	-13.45

Infinity Logistics And Transport Ventures 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$-7.4 Mil.

Infinity Logistics And Transport Ventures (HKSE:01442) Change In Inventory Explanation

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

Infinity Logistics And Transport Ventures's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	36.458	/	264.085	*	365 / 2
	=	25.19

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

Infinity Logistics And Transport Ventures's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	264.085	/	36.458
	=	7.24

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.

Infinity Logistics And Transport Ventures's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.458	/	317.221
	=	0.11

Infinity Logistics And Transport Ventures Change In Inventory Related Terms

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Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Infinity Logistics And Transport Ventures Ltd (HKSE:01442) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200

Website

https://www.infinity.com.my

Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.

Executives

2926 Holdings Limited	2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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