Luzhou Xinglu Water (Group) Co (HKSE:02281) Change In Inventory : HK$17 Mil (TTM As of Dec. 2023)

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What is Luzhou Xinglu Water (Group) Co Change In Inventory?

Luzhou Xinglu Water (Group) Co's change in inventory for the quarter that ended in Dec. 2023 was HK$13 Mil. It means Luzhou Xinglu Water (Group) Co's inventory declined by HK$13 Mil from Jun. 2023 to Dec. 2023 .

Luzhou Xinglu Water (Group) Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$17 Mil. It means Luzhou Xinglu Water (Group) Co's inventory declined by HK$17 Mil from Dec. 2022 to Dec. 2023 .

Luzhou Xinglu Water (Group) Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$81 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luzhou Xinglu Water (Group) Co's Days Inventory for the quarter that ended in Dec. 2023 was 34.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luzhou Xinglu Water (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.23.

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. Luzhou Xinglu Water (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Luzhou Xinglu Water (Group) Co Change In Inventory Historical Data

The historical data trend for Luzhou Xinglu Water (Group) 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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Luzhou Xinglu Water (Group) Co Change In Inventory Chart

Luzhou Xinglu Water (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.70

-13.46

43.61

-39.92

16.82

Luzhou Xinglu Water (Group) Co Semi-Annual Data
	Dec13	Dec14	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														-	-67.04	23.95	3.45	13.37

Luzhou Xinglu Water (Group) 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$17 Mil.

Luzhou Xinglu Water (Group) Co (HKSE:02281) Change In Inventory Explanation

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

Luzhou Xinglu Water (Group) 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
	=	87.731	/	459.107	*	365 / 2
	=	34.87

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

Luzhou Xinglu Water (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	459.107	/	87.731
	=	5.23

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.

Luzhou Xinglu Water (Group) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.731	/	706.556
	=	0.12

Luzhou Xinglu Water (Group) Co Change In Inventory Related Terms

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Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN

Website

http://www.lzss.com

Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Fei Zhanbo	2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si	2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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