Pine Technology Holdings (FRA:PNY) Inventory Turnover : 7,401.50 (As of Dec. 2023)

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What is Pine Technology 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. Pine Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.80 Mil. Pine Technology Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil. Pine Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 7,401.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pine Technology Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.02.

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. Pine Technology Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Pine Technology Holdings Inventory Turnover Historical Data

The historical data trend for Pine Technology 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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Pine Technology Holdings Inventory Turnover Chart

Pine Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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2.84

6.93

21.88

2,843.00

Pine Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	2,312.00	7,401.50

Pine Technology Holdings Inventory Turnover Calculation

Pine Technology Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	5.686	/ (	(0	+	0.002)	/	1 )
=	5.686	/	0.002
=	2,843.00

Pine Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	14.803	/ (	(0.002	+	0)	/	1 )
=	14.803	/	0.002
=	7,401.50

Pine Technology Holdings (FRA:PNY) 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.

Pine Technology Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.002	/	14.803	*	365 / 2
	=	0.02

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.

Pine Technology Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.002	/	14.978
	=	0.00

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.

Pine Technology Holdings Inventory Turnover Related Terms

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Pine Technology Holdings (FRA:PNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pine Technology Holdings Ltd (FRA:PNY) » Definitions » Inventory Turnover

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01079:Hong Kong PNY:Germany

Address

88–98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG

Website

http://www.pinegroup.com

Pine Technology Holdings Ltd is engaged in the design, manufacturing, and distribution of personal computer (PC) based products. The company operates its business in various segments that include Group's Brand Product; Other brand products; Money lending service; Trading business; and Computer software and hardware and system development. The Company generates majority of its revenue from Sales of plastic products through trading business. It exports its product to Canada, the United States of America, Asia, and other regions.