NWS Holdings (HKSE:00659) Inventory Turnover : 45.62 (As of Dec. 2023)

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What is NWS 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. NWS Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12,058 Mil. NWS Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$264 Mil. NWS Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 45.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NWS Holdings's Days Inventory for the six months ended in Dec. 2023 was 4.00.

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. NWS Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

NWS Holdings Inventory Turnover Historical Data

The historical data trend for NWS 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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NWS Holdings Inventory Turnover Chart

NWS Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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53.06

52.20

91.14

146.47

195.37

NWS 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															76.01	69.00	69.06	141.28	45.62

NWS Holdings Inventory Turnover Calculation

NWS 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 )
=	40011.1	/ (	(170	+	239.6)	/	2 )
=	40011.1	/	204.8
=	195.37

NWS 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 )
=	12057.5	/ (	(239.6	+	289)	/	2 )
=	12057.5	/	264.3
=	45.62

NWS Holdings (HKSE:00659) 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.

NWS 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
	=	264.3	/	12057.5	*	365 / 2
	=	4.00

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.

NWS 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 )
	=	264.3	/	13978.5
	=	0.02

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.

NWS Holdings Inventory Turnover Related Terms

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NWS Holdings (HKSE:00659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NWS Holdings Ltd (HKSE:00659) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NWSGY:USA NWS:Germany

Address

888 Lai Chi Kok Road, 21/F, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG

Website

https://www.nws.com.hk

NWS Holdings Ltd is a conglomerate with a diversified portfolio of market-leading businesses, predominantly in Hong Kong and the Mainland. The Group's businesses include toll roads, construction, insurance, logistics, and facilities management. Through the Group's sustainable business model, it is committed to creating more value for all stakeholders and the community.

Executives

Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited	2201 Interest of corporation controlled by you
Century Acquisition Limited	2101 Beneficial owner
New World Development Company Limited	2201 Interest of corporation controlled by you
Mombasa Limited	2101 Beneficial owner

NWS Holdings (HKSE:00659) Headlines

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