Sands China (HKSE:01928) Inventory Turnover : 63.15 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Sands China 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. Sands China's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$11,605 Mil. Sands China's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$184 Mil. Sands China's Inventory Turnover for the quarter that ended in Dec. 2023 was 63.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sands China's Days Inventory for the six months ended in Dec. 2023 was 2.89.

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

Sands China Inventory Turnover Historical Data

The historical data trend for Sands China'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.

Sands China Inventory Turnover Chart

Sands China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

241.85

43.07

73.15

33.15

115.44

Sands China 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															31.88	20.45	14.12	55.56	63.15

Sands China Inventory Turnover Calculation

Sands China'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 )
=	20258.621	/ (	(147.923	+	203.055)	/	2 )
=	20258.621	/	175.489
=	115.44

Sands China'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 )
=	11605.363	/ (	(164.493	+	203.055)	/	2 )
=	11605.363	/	183.774
=	63.15

Sands China (HKSE:01928) 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.

Sands China'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
	=	183.774	/	11605.363	*	365 / 2
	=	2.89

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.

Sands China'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 )
	=	183.774	/	28419.862
	=	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.

Sands China Inventory Turnover Related Terms

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

Sands China (HKSE:01928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sands China Ltd (HKSE:01928) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SCHYY:USA SCHYF:USA 599A:Germany 599A:Germany

Address

Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices, L2, Taipa, MAC

Website

https://www.sandschina.com

Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 24% market share in the Macao gaming sector in terms of gross gaming revenue as of the prepandemic 2019 levels. Las Vegas Sands has a 70% stake in Sands China.

Sands China (HKSE:01928) Headlines

No Headlines