Cybernaut International Holdings Co (HKSE:01020) Inventory Turnover : 173.29 (As of Dec. 2023)

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What is Cybernaut International Holdings Co 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. Cybernaut International Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$73.8 Mil. Cybernaut International Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.4 Mil. Cybernaut International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 173.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cybernaut International Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 1.05.

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. Cybernaut International Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Cybernaut International Holdings Co Inventory Turnover Historical Data

The historical data trend for Cybernaut International Holdings Co'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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Cybernaut International Holdings Co Inventory Turnover Chart

Cybernaut International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.41

16.18

12.25

12.43

275.73

Cybernaut International Holdings Co 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															6.27	2.40	9.69	36.66	173.29

Cybernaut International Holdings Co Inventory Turnover Calculation

Cybernaut International Holdings Co'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 )
=	97.195	/ (	(0.564	+	0.141)	/	2 )
=	97.195	/	0.3525
=	275.73

Cybernaut International Holdings Co'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 )
=	73.823	/ (	(0.711	+	0.141)	/	2 )
=	73.823	/	0.426
=	173.29

Cybernaut International Holdings Co (HKSE:01020) 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.

Cybernaut International Holdings Co'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
	=	0.426	/	73.823	*	365 / 2
	=	1.05

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.

Cybernaut International Holdings Co'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 )
	=	0.426	/	84.742
	=	0.01

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.

Cybernaut International Holdings Co Inventory Turnover Related Terms

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Cybernaut International Holdings Co (HKSE:01020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cybernaut International Holdings Co Ltd (HKSE:01020) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Unit 1002, Capital Centre, Wanchai, Hong Kong, HKG

Website

https://www.cybernaut.com.hk

Cybernaut International Holdings Co Ltd is engaged in eCommerce, eCommerce solutions, and related support services and selling of information technology products, money lending, as well as, provision of internet education services. The company's segments include Money Lending; eCommerce; and Internet Online Education Services. It derives the majority of its revenue from the Money Lending segment. The money lending business mainly includes short-term and long-term property mortgage loans to customers. Its operations are spread across The People's Republic of China; Europe; Asia (other than the PRC and Hong Kong); North America; and Hong Kong, with the majority of the revenue from Hong Kong.

Executives

Wide Select Investments Limited	2101 Beneficial owner
Lee Yim	2201 Interest of corporation controlled by you
Zhu Min	2201 Interest of corporation controlled by you
Cybernaut International Limited	2101 Beneficial owner

Cybernaut International Holdings Co (HKSE:01020) Headlines

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