Putian Communication Group (HKSE:01720) Change In Inventory : HK$21.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Putian Communication Group Change In Inventory?

Putian Communication Group's change in inventory for the quarter that ended in Dec. 2023 was HK$33.1 Mil. It means Putian Communication Group's inventory declined by HK$33.1 Mil from Jun. 2023 to Dec. 2023 .

Putian Communication Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$21.2 Mil. It means Putian Communication Group's inventory declined by HK$21.2 Mil from Dec. 2022 to Dec. 2023 .

Putian Communication Group's Total Inventories for the quarter that ended in Dec. 2023 was HK$66.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Putian Communication Group's Days Inventory for the quarter that ended in Dec. 2023 was 51.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Putian Communication Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.55.

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. Putian Communication Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Putian Communication Group Change In Inventory Historical Data

The historical data trend for Putian Communication Group'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.

* Premium members only.

Putian Communication Group Change In Inventory Chart

Putian Communication Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

5.59

-2.09

-20.28

4.10

21.24

Putian Communication Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial												9.82	-12.27	15.79	-11.87	33.11

Putian Communication Group 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$21.2 Mil.

Putian Communication Group (HKSE:01720) Change In Inventory Explanation

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

Putian Communication Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	82.0035	/	290.739	*	365 / 2
	=	51.47

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

Putian Communication Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	290.739	/	82.0035
	=	3.55

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.

Putian Communication Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82.0035	/	377.382
	=	0.22

Putian Communication Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Putian Communication Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Putian Communication Group (HKSE:01720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Putian Communication Group Ltd (HKSE:01720) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8899 ChangDong Avenue, Hi-tech Development Zone, Jiangxi Province, Nanchang, CHN

Website

http://www.potel-group.com

Putian Communication Group Ltd, along with its subsidiaries, is a communication cable manufacturer and structured cabling system product provider. The company's products include optical Fiber, Optical cable, digital communication cables, security cables, panels, jumpers, cabinet chassis, and others. The operating segments of the group are Optical fibers and Optical fiber cables, Communication copper cables, and Structured cabling system products. It generates maximum revenue from the Communication copper cables segment. The group's revenue is derived from the PRC.

Executives

Arcenciel Capital Co., Ltd	2101 Beneficial owner
Wang Qiuping	2201 Interest of corporation controlled by you
Point Stone Capital Co., Ltd.	2101 Beneficial owner
Zhao Xiaobao	2201 Interest of corporation controlled by you
Zhong Hang Zi Ben Guo Ji Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Zhong Hang Zi Ben Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Putian Communication Group (HKSE:01720) Headlines

No Headlines