Man Wah Holdings (Man Wah Holdings) Inventory Turnover : 3.13 (As of Sep. 2023)

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What is Man Wah Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Man Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $696 Mil. Man Wah Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $222 Mil. Man Wah Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Man Wah Holdings's Days Inventory for the six months ended in Sep. 2023 was 58.33.

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. Man Wah Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.19.

Man Wah Holdings Inventory Turnover Historical Data

The historical data trend for Man Wah Holdings's Inventory Turnover 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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Man Wah Holdings Inventory Turnover Chart

Man Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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4.50

4.34

5.06

4.92

4.39

Man Wah Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															2.49	2.41	2.14	2.51	3.13

Man Wah Holdings Inventory Turnover Calculation

Man Wah Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1359.822	/ (	(394.625	+	225.399)	/	2 )
=	1359.822	/	310.012
=	4.39

Man Wah Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	695.619	/ (	(225.399	+	219.288)	/	2 )
=	695.619	/	222.3435
=	3.13

Man Wah Holdings (OTCPK:MAWHY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Man Wah Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	222.3435	/	695.619	*	365 / 2
	=	58.33

2. 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.

Man Wah Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	222.3435	/	1141.671
	=	0.19

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Man Wah Holdings Inventory Turnover Related Terms

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Man Wah Holdings (Man Wah Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Man Wah Holdings Ltd (OTCPK:MAWHY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MAWHF:USA 01999:Hong Kong AAM:Germany AAM:Germany

Address

10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG

Website

http://www.manwahholdings.com

Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau).

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