Nongfu Spring Co (STU:7NF) Change In Inventory : €-126 Mil (TTM As of Dec. 2023)

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What is Nongfu Spring Co Change In Inventory?

Nongfu Spring Co's change in inventory for the quarter that ended in Dec. 2023 was €-89 Mil. It means Nongfu Spring Co's inventory increased by €89 Mil from Jun. 2023 to Dec. 2023 .

Nongfu Spring Co's change in inventory for the fiscal year that ended in Dec. 2023 was €-126 Mil. It means Nongfu Spring Co's inventory increased by €126 Mil from Dec. 2022 to Dec. 2023 .

Nongfu Spring Co's Total Inventories for the quarter that ended in Dec. 2023 was €397 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nongfu Spring Co's Days Inventory for the quarter that ended in Dec. 2023 was 55.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nongfu Spring Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.32.

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. Nongfu Spring Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Nongfu Spring Co Change In Inventory Historical Data

The historical data trend for Nongfu Spring 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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Nongfu Spring Co Change In Inventory Chart

Nongfu Spring Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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17.53

-9.82

-0.53

-42.72

-126.29

Nongfu Spring Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-36.60	9.70	-52.02	-37.19	-89.23

Nongfu Spring 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 €-126 Mil.

Nongfu Spring Co (STU:7NF) Change In Inventory Explanation

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

Nongfu Spring 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
	=	352.757	/	1169.707	*	365 / 2
	=	55.04

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1169.707	/	352.757
	=	3.32

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	352.757	/	2851.713
	=	0.12

Nongfu Spring Co Change In Inventory Related Terms

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Nongfu Spring Co (STU:7NF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Nongfu Spring Co Ltd (STU:7NF) » Definitions » Change In Inventory

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Traded in Other Exchanges

NNFSF:USA 09633:Hong Kong

Address

No. 181, Geyazhuang, Xihu District, Hangzhou, CHN, 310024

Website

https://www.nongfuspring.com

Founded in 1996, Nongfu Spring is a leading manufacturer of bottled water, ready-to-drink tea, juice and functional beverages in China. It holds the number-one share in the bottled water market; this segment contributed approximately 55% of the firm's revenue and EBIT in 2022.

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