Great China Holdings (Hong Kong) (HKSE:00021) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Great China Holdings (Hong Kong) 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. Great China Holdings (Hong Kong)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2.47 Mil. Great China Holdings (Hong Kong)'s Average Total Inventories for the quarter that ended in Dec. 2023 was HK$786.22 Mil. Great China Holdings (Hong Kong)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Great China Holdings (Hong Kong)'s Days Inventory for the six months ended in Dec. 2023 was 58,209.10.

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. Great China Holdings (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 153.62.

Great China Holdings (Hong Kong) Inventory Turnover Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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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Great China Holdings (Hong Kong) Inventory Turnover Chart

Great China Holdings (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.02

0.04

0.01

0.02

Great China Holdings (Hong Kong) 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															-	-	-	0.02	-

Great China Holdings (Hong Kong) Inventory Turnover Calculation

Great China Holdings (Hong Kong)'s Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	14.458	/ (	(803.985	+	804.789)	/	2 )
=	14.458	/	804.387
=	0.02

Great China Holdings (Hong Kong)'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 )
=	2.465	/ (	(767.654	+	804.789)	/	2 )
=	2.465	/	786.2215
=	0.00

Great China Holdings (Hong Kong) (HKSE:00021) 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.

Great China Holdings (Hong Kong)'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
	=	786.2215	/	2.465	*	365 / 2
	=	58,209.10

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.

Great China Holdings (Hong Kong)'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 )
	=	786.2215	/	5.118
	=	153.62

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.

Great China Holdings (Hong Kong) Inventory Turnover Related Terms

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Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great China Holdings (Hong Kong) Ltd (HKSE:00021) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.greatchinaproperties.com

Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

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