Zhengye International Holdings Co (HKSE:03363) Change In Inventory : HK$22 Mil (TTM As of Dec. 2023)

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What is Zhengye International Holdings Co Change In Inventory?

Zhengye International Holdings Co's change in inventory for the quarter that ended in Dec. 2023 was HK$50 Mil. It means Zhengye International Holdings Co's inventory declined by HK$50 Mil from Jun. 2023 to Dec. 2023 .

Zhengye International Holdings Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$22 Mil. It means Zhengye International Holdings Co's inventory declined by HK$22 Mil from Dec. 2022 to Dec. 2023 .

Zhengye International Holdings Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$225 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhengye International Holdings Co's Days Inventory for the quarter that ended in Dec. 2023 was 38.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhengye International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.74.

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. Zhengye International Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Zhengye International Holdings Co Change In Inventory Historical Data

The historical data trend for Zhengye International Holdings 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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Zhengye International Holdings Co Change In Inventory Chart

Zhengye International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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27.27

-17.73

-67.19

-13.89

22.35

Zhengye International Holdings Co 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															-11.45	-101.04	82.36	-27.44	49.79

Zhengye International Holdings 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$22 Mil.

Zhengye International Holdings Co (HKSE:03363) Change In Inventory Explanation

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

Zhengye International Holdings 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
	=	250.8865	/	1189.251	*	365 / 2
	=	38.50

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

Zhengye International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1189.251	/	250.8865
	=	4.74

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.

Zhengye International Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	250.8865	/	1340.51
	=	0.19

Zhengye International Holdings Co Change In Inventory Related Terms

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Zhengye International Holdings Co (HKSE:03363) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhengye International Holdings Co Ltd (HKSE:03363) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

28 Boai No.6 Road, 20th Floor, Building 2, Ocean Plaza, Eastern District, Guangdong, Zhongshan, CHN

Website

http://www.zhengye-cn.com

Zhengye International Holdings Co Ltd is an investment holding company. The company, along with its subsidiaries, is principally engaged in the manufacturing and sale of paper, paperboard and paper-based packaging products. Operating Segments of the company are 1) Packaging paper segment produces and sells corrugated medium paper and craft paper. 2) Paper-based packaging products segment produces and sells craft cartons, color-printed cartons, honeycomb paper products and color box packaging. It operates in PRC.

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