Greentown Management Holdings Co (HKSE:09979) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Greentown Management 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. Greentown Management Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$916 Mil. Greentown Management Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greentown Management Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Greentown Management Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Greentown Management Holdings Co Inventory Turnover Historical Data

The historical data trend for Greentown Management 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.

* Premium members only.

Greentown Management Holdings Co Inventory Turnover Chart

Greentown Management Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

21.23

10.10

261.39

251.25

Greentown Management Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							138.00	129.81	-	-	-

Greentown Management Holdings Co Inventory Turnover Calculation

Greentown Management 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 )
=	1728.301	/ (	(0	+	0)	/	1 )
=	1728.301	/	0
=	N/A

Greentown Management 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 )
=	915.786	/ (	(0	+	0)	/	1 )
=	915.786	/	0
=	N/A

Greentown Management Holdings Co (HKSE:09979) 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.

Greentown Management 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	/	915.786	*	365 / 2
	=	0.00

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.

Greentown Management 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	/	1917.846
	=	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.

Greentown Management Holdings Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Greentown Management Holdings Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Greentown Management Holdings Co (HKSE:09979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown Management Holdings Co Ltd (HKSE:09979) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

767 Wen Yi West Road, Xixi International, 9th Floor, Block C, Xihu District, Zhejiang, Hangzhou, CHN

Website

https://www.lcgljt.com

Greentown Management Holdings Co Ltd is the project management company in the PRC. The company's operating segments are Commercial Project Management, Government Project Management, and Other Services. The firm generates a majority of its revenue from Commercial project management which is engaged in providing property development management service to project owner; Governmental project management provides property development management service to the government on resettlement housing property development projects and public infrastructure.

Executives

Greentown China Holdings Limited

2101 Beneficial owner

Greentown Management Holdings Co (HKSE:09979) Headlines

No Headlines