AVIC Joy Holdings (HK) (HKSE:00260) Inventory Turnover : 0.00 (As of Jun. 2022)

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What is AVIC Joy Holdings (HK) 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. AVIC Joy Holdings (HK)'s Cost of Goods Sold for the six months ended in Jun. 2022 was HK$0.00 Mil. AVIC Joy Holdings (HK)'s Average Total Inventories for the quarter that ended in Jun. 2022 was HK$0.00 Mil.

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

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. AVIC Joy Holdings (HK)'s Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.00.

AVIC Joy Holdings (HK) Inventory Turnover Historical Data

The historical data trend for AVIC Joy Holdings (HK)'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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AVIC Joy Holdings (HK) Inventory Turnover Chart

AVIC Joy Holdings (HK) Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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62.00

72.34

AVIC Joy Holdings (HK) Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

AVIC Joy Holdings (HK) Inventory Turnover Calculation

AVIC Joy Holdings (HK)'s Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

AVIC Joy Holdings (HK)'s Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

AVIC Joy Holdings (HK) (HKSE:00260) 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.

AVIC Joy Holdings (HK)'s Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

AVIC Joy Holdings (HK)'s Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	0	/	1.708
	=	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.

AVIC Joy Holdings (HK) Inventory Turnover Related Terms

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AVIC Joy Holdings (HK) (HKSE:00260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » AVIC Joy Holdings (HK) Ltd (HKSE:00260) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit 1905A, Level 19, International Commerce Centre, Kowloon, HKG

Website

http://www.avicjoyhk.com

AVIC Joy Holdings (HK) Ltd is an investment holding company. The company's operating segment includes Management and operation of Light Emitting Diode and Energy Management Contracts; Provision of finance lease and loan services and properties investment; and Provision of land development services and sale of construction materials.

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