Prosperous Industrial (Holdings) (HKSE:01731) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)

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What is Prosperous Industrial (Holdings) Change In Inventory?

Prosperous Industrial (Holdings)'s change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Prosperous Industrial (Holdings)'s inventory stayed the same from Jun. 2023 to Dec. 2023 .

Prosperous Industrial (Holdings)'s change in inventory for the fiscal year that ended in Dec. 2023 was HK$42 Mil. It means Prosperous Industrial (Holdings)'s inventory declined by HK$42 Mil from Dec. 2022 to Dec. 2023 .

Prosperous Industrial (Holdings)'s Total Inventories for the quarter that ended in Dec. 2023 was HK$298 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prosperous Industrial (Holdings)'s Days Inventory for the quarter that ended in Dec. 2023 was 77.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prosperous Industrial (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 2.35.

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. Prosperous Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Prosperous Industrial (Holdings) Change In Inventory Historical Data

The historical data trend for Prosperous Industrial (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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Prosperous Industrial (Holdings) Change In Inventory Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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13.87

69.34

-114.99

-45.60

41.75

Prosperous Industrial (Holdings) Semi-Annual Data
	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											-	-	-	-	-

Prosperous Industrial (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$0 Mil.

Prosperous Industrial (Holdings) (HKSE:01731) Change In Inventory Explanation

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

Prosperous Industrial (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
	=	239.905	/	562.798	*	365 / 2
	=	77.79

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

Prosperous Industrial (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	562.798	/	239.905
	=	2.35

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.

Prosperous Industrial (Holdings)'s Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	239.905	/	724.742
	=	0.33

Prosperous Industrial (Holdings) Change In Inventory Related Terms

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Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Executives

Yeung Ming Sum Richard
Yeung Wor Foon Stella
Prosperous Holdings (overseas) Limited
Great Pacific Investment Ltd.	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Pou Hing Industrial Co. Ltd	2201 Interest of corporation controlled by you
Wealthplus Holdings Limited	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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