NagaCorp (HKSE:03918) Inventory Turnover : 14.57 (As of Dec. 2023)

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What is NagaCorp 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. NagaCorp's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$275 Mil. NagaCorp's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$19 Mil. NagaCorp's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NagaCorp's Days Inventory for the six months ended in Dec. 2023 was 12.52.

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. NagaCorp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

NagaCorp Inventory Turnover Historical Data

The historical data trend for NagaCorp'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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NagaCorp Inventory Turnover Chart

NagaCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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377.09

189.39

37.24

25.40

30.71

NagaCorp 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															7.05	17.03	10.63	16.86	14.57

NagaCorp Inventory Turnover Calculation

NagaCorp'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 )
=	627.502	/ (	(22.554	+	18.306)	/	2 )
=	627.502	/	20.43
=	30.71

NagaCorp'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 )
=	274.78	/ (	(19.402	+	18.306)	/	2 )
=	274.78	/	18.854
=	14.57

NagaCorp (HKSE:03918) 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.

NagaCorp'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
	=	18.854	/	274.78	*	365 / 2
	=	12.52

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.

NagaCorp'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 )
	=	18.854	/	1984.486
	=	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.

NagaCorp Inventory Turnover Related Terms

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NagaCorp (HKSE:03918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NagaCorp Ltd (HKSE:03918) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NGCRY:USA NGCRF:USA N9J:Germany

Address

NagaWorld Samdech Techo, P.O. Box 1099, Hun Sen Park, Phnom Penh, KHM, 120101

Website

https://www.nagacorp.com

NagaCorp Ltd is an investment holding company involved in the resorts and casino industry. The company has two business segments, Casino Operations; and Hotel and Entertainment Operations. The Casino Operations business manages gaming activities, the company's flagship resort, NagaWorld. The resort has a variety of gaming halls, shopping galleries, restaurants, and meeting spaces. Furthermore, it contains segments of both gaming tables and electronic gaming machines. The Hotel and Entertainment Operations segment manages the hotel and leisure businesses of the company. NagaCorp generates the vast majority of its revenue in Cambodia, where it has a casino license until 2065.

Executives

Sakai Global Holdings Ltd.	2201 Interest of corporation controlled by you
Sakai Private Trust Company Pte. Ltd.	2301 Trustee
Chen Yepern	2501 Other
Chen Yiy Fon	2501 Other
Chen Cherchi	2501 Other
Chen Yiy Hwuan	2501 Other
Chen Cien Then	2501 Other
Chenlipkeong Fund Limited	2101 Beneficial owner
Lipkco Group Limited	2101 Beneficial owner
Chan Kin Sun	2101 Beneficial owner
Cheng Kwan Ying Jennifer	2202 Interest of your spouse
Chen Lip Keong	2307 Founder of a discretionary trust who can infl

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