Sinco Pharmaceutical Holdings (HKSE:06833) Change In Inventory : HK$-22 Mil (TTM As of Dec. 2023)

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What is Sinco Pharmaceutical Holdings Change In Inventory?

Sinco Pharmaceutical Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$-108 Mil. It means Sinco Pharmaceutical Holdings's inventory increased by HK$108 Mil from Jun. 2023 to Dec. 2023 .

Sinco Pharmaceutical Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-22 Mil. It means Sinco Pharmaceutical Holdings's inventory increased by HK$22 Mil from Dec. 2022 to Dec. 2023 .

Sinco Pharmaceutical Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$118 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinco Pharmaceutical Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 8.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinco Pharmaceutical Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 21.77.

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. Sinco Pharmaceutical Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Sinco Pharmaceutical Holdings Change In Inventory Historical Data

The historical data trend for Sinco Pharmaceutical 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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Sinco Pharmaceutical Holdings Change In Inventory Chart

Sinco Pharmaceutical Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-49.59

15.95

221.99

-30.02

-21.74

Sinco Pharmaceutical Holdings Semi-Annual Data
	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														47.48	18.78	-47.91	86.05	-107.79

Sinco Pharmaceutical 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-22 Mil.

Sinco Pharmaceutical Holdings (HKSE:06833) Change In Inventory Explanation

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

Sinco Pharmaceutical 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
	=	64.261	/	1399.165	*	365 / 2
	=	8.38

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

Sinco Pharmaceutical Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1399.165	/	64.261
	=	21.77

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.

Sinco Pharmaceutical Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.261	/	1585.91
	=	0.04

Sinco Pharmaceutical Holdings Change In Inventory Related Terms

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Sinco Pharmaceutical Holdings (HKSE:06833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sinco Pharmaceutical Holdings Ltd (HKSE:06833) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1700, North Section of Tianfu Avenue, E5-1805, Global Centre, High-Tech Zone, Chengdu, Sichuan Province, Chengdu, CHN

Website

https://www.sinco-pharm.com

Sinco Pharmaceutical Holdings Ltd is an investment holding company engaged in the provision of comprehensive marketing, promotion, and channel management service for imported pharmaceutical products and medical devices in China. The company has three operating segments; the sale of imported pharmaceutical products segment, the research and manufacturing of aesthetic medicine segment, and the medical beauty services segment. Its product offering includes Human albumin solutions and Antibiotics like Axetine and Medocef.

Executives

Huang Zhijian	2305 Beneficiary of a trust
Fullwealth Holdings Limited	2201 Interest of corporation controlled by you
Risun Investments Limited	2101 Beneficial owner
Wickhams Cay Trust Company Limited	2301 Trustee
Huang Xiangbin	2307 Founder of a discretionary trust who can infl

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