Dingyi Group Investment (HKSE:00508) Inventory Turnover : 0.03 (As of Sep. 2023)

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What is Dingyi Group Investment 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. Dingyi Group Investment's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$62.4 Mil. Dingyi Group Investment's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$1,790.0 Mil. Dingyi Group Investment's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dingyi Group Investment's Days Inventory for the six months ended in Sep. 2023 was 5,233.84.

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. Dingyi Group Investment's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 15.20.

Dingyi Group Investment Inventory Turnover Historical Data

The historical data trend for Dingyi Group Investment'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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Dingyi Group Investment Inventory Turnover Chart

Dingyi Group Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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0.11

0.01

0.02

0.48

Dingyi Group Investment 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															-	-	0.40	0.09	0.03

Dingyi Group Investment Inventory Turnover Calculation

Dingyi Group Investment'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 )
=	982.658	/ (	(2261.759	+	1825.456)	/	2 )
=	982.658	/	2043.6075
=	0.48

Dingyi Group Investment'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 )
=	62.415	/ (	(1825.456	+	1754.492)	/	2 )
=	62.415	/	1789.974
=	0.03

Dingyi Group Investment (HKSE:00508) 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.

Dingyi Group Investment'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
	=	1789.974	/	62.415	*	365 / 2
	=	5,233.84

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.

Dingyi Group Investment'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 )
	=	1789.974	/	117.777
	=	15.20

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.

Dingyi Group Investment Inventory Turnover Related Terms

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Dingyi Group Investment (HKSE:00508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dingyi Group Investment Ltd (HKSE:00508) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG

Website

http://www.dingyi.hk

Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.

Executives

Li Kwong Yuk	2101 Beneficial owner
Wincon Capital Investment Limited	2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited	2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

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