Zhongzhi Pharmaceutical Holdings (HKSE:03737) Change In Inventory : HK$-52 Mil (TTM As of Jun. 2024)

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What is Zhongzhi Pharmaceutical Holdings Change In Inventory?

Zhongzhi Pharmaceutical Holdings's change in inventory for the quarter that ended in Jun. 2024 was HK$-21 Mil. It means Zhongzhi Pharmaceutical Holdings's inventory increased by HK$21 Mil from Dec. 2023 to Jun. 2024 .

Zhongzhi Pharmaceutical Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-12 Mil. It means Zhongzhi Pharmaceutical Holdings's inventory increased by HK$12 Mil from Dec. 2022 to Dec. 2023 .

Zhongzhi Pharmaceutical Holdings's Total Inventories for the quarter that ended in Jun. 2024 was HK$371 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongzhi Pharmaceutical Holdings's Days Inventory for the quarter that ended in Jun. 2024 was 134.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongzhi Pharmaceutical Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.36.

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. Zhongzhi Pharmaceutical Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.

Zhongzhi Pharmaceutical Holdings Change In Inventory Historical Data

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

Zhongzhi Pharmaceutical Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-22.81

-57.13

-25.75

-66.77

-11.65

Zhongzhi Pharmaceutical Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															12.81	-78.97	19.42	-31.07	-20.80

Zhongzhi 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-52 Mil.

Zhongzhi Pharmaceutical Holdings (HKSE:03737) Change In Inventory Explanation

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

Zhongzhi 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
	=	365.85	/	496.696	*	365 / 2
	=	134.42

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

Zhongzhi Pharmaceutical Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	496.696	/	365.85
	=	1.36

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.

Zhongzhi Pharmaceutical Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	365.85	/	1171.738
	=	0.31

Zhongzhi Pharmaceutical Holdings Change In Inventory Related Terms

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Zhongzhi Pharmaceutical Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhongzhi Pharmaceutical Holdings Ltd (HKSE:03737) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 3 Kangtai Road South, Torch Development Zone, Guangdong Province, Zhongshan, CHN

Website

https://www.zeus.cn

Zhongzhi Pharmaceutical Holdings Ltd is engaged in the business of manufacturing and selling pharmaceutical products. The group's operations can be divided into three segments, namely Pharmaceutical manufacturing, Operation of chain pharmacies, and Operation of online pharmacies in Zhongshan in the Guangdong province, the PRC. In the Pharmaceutical manufacturing segment, the company is engaged in the research and development, manufacturing and sale of Chinese patent medicines. In the Operation of chain pharmacies segment, the firm operates chain pharmacies in Zhongshan under the brand Zeus for the sale of pharmaceutical products. The Operation of online pharmacies segment sells medicines online. It derives a majority of its revenue from the PRC.

Executives

Jiang Li Xia	2202 Interest of your spouse
Lai Zhi Tian	2201 Interest of corporation controlled by you
Crystal Talent Investment Group Limited	2101 Beneficial owner
Cheng Jin Le	2201 Interest of corporation controlled by you
Advance Keypath Global Investment Limited	2101 Beneficial owner
Novich Positioning Investment (cayman) Limited	2201 Interest of corporation controlled by you
Novich Positioning Investment Limited Partnership	2101 Beneficial owner

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