South Shore Holdings (South Shore Holdings) Inventory Turnover : 231.10 (As of Sep. 2020)

View and export this data going back to 2013. Start your Free Trial

What is South Shore 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. South Shore Holdings's Cost of Goods Sold for the six months ended in Sep. 2020 was $650 Mil. South Shore Holdings's Average Total Inventories for the quarter that ended in Sep. 2020 was $3 Mil. South Shore Holdings's Inventory Turnover for the quarter that ended in Sep. 2020 was 231.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Shore Holdings's Days Inventory for the six months ended in Sep. 2020 was 0.79.

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. South Shore Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.00.

South Shore Holdings Inventory Turnover Historical Data

The historical data trend for South Shore 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.

* Premium members only.

South Shore Holdings Inventory Turnover Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Inventory Turnover

Get a 7-Day Free Trial

151.02

150.63

216.52

353.11

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Inventory Turnover	Get a 7-Day Free Trial															83.07	108.72	184.49	301.32	231.10

South Shore Holdings Inventory Turnover Calculation

South Shore Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2020 is calculated as

	Inventory Turnover (A: Mar. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2020 )	/ (	(Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )
=	1414.394	/ (	(5.176	+	2.835)	/	2 )
=	1414.394	/	4.0055
=	353.11

South Shore Holdings's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

	Inventory Turnover (Q: Sep. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2020 )	/ (	(Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )
=	649.509	/ (	(2.835	+	2.786)	/	2 )
=	649.509	/	2.8105
=	231.10

South Shore Holdings (OTCPK:LOUIF) 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.

South Shore Holdings's Days Inventory for the six months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
	=	2.8105	/	649.509	*	365 / 2
	=	0.79

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.

South Shore Holdings's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	2.8105	/	655.939
	=	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.

South Shore Holdings Inventory Turnover Related Terms

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

South Shore Holdings (South Shore Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (OTCPK:LOUIF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

South Shore Holdings (South Shore Holdings) Headlines

No Headlines