Huitongda Network Co (HKSE:09878) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Huitongda Network Co Change In Inventory?

Huitongda Network Co's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Huitongda Network Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Huitongda Network Co's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-115 Mil. It means Huitongda Network Co's inventory increased by HK$115 Mil from Dec. 2022 to Dec. 2023 .

Huitongda Network Co's Total Inventories for the quarter that ended in Dec. 2023 was HK$2,823 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huitongda Network Co's Days Inventory for the quarter that ended in Dec. 2023 was 12.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huitongda Network Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.23.

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. Huitongda Network Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Huitongda Network Co Change In Inventory Historical Data

The historical data trend for Huitongda Network 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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Huitongda Network Co Change In Inventory Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-699.71

428.14

-1,152.63

103.43

-114.71

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Huitongda Network 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$0 Mil.

Huitongda Network Co (HKSE:09878) Change In Inventory Explanation

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

Huitongda Network 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
	=	2890.984	/	41136.512	*	365 / 2
	=	12.83

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

Huitongda Network Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41136.512	/	2890.984
	=	14.23

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.

Huitongda Network Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2890.984	/	42718.319
	=	0.07

Huitongda Network Co Change In Inventory Related Terms

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Huitongda Network Co (HKSE:09878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Change In Inventory

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Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.

Executives

Xu Xiuxian	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Wang Jianguo

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