Yangzijiang Financial Holding (Yangzijiang Financial Holding) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Yangzijiang Financial Holding 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. Yangzijiang Financial Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was $14.4 Mil. Yangzijiang Financial Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yangzijiang Financial Holding'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. Yangzijiang Financial Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Yangzijiang Financial Holding Inventory Turnover Historical Data

The historical data trend for Yangzijiang Financial Holding'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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Yangzijiang Financial Holding Inventory Turnover Chart

Yangzijiang Financial Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Yangzijiang Financial Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Yangzijiang Financial Holding Inventory Turnover Calculation

Yangzijiang Financial Holding'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 )
=	22.797	/ (	(0	+	0)	/	1 )
=	22.797	/	0
=	N/A

Yangzijiang Financial Holding'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 )
=	14.415	/ (	(0	+	0)	/	1 )
=	14.415	/	0
=	N/A

Yangzijiang Financial Holding (OTCPK:YNGFF) 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.

Yangzijiang Financial Holding'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	/	14.415	*	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.

Yangzijiang Financial Holding'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	/	128.15
	=	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.

Yangzijiang Financial Holding Inventory Turnover Related Terms

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Yangzijiang Financial Holding (Yangzijiang Financial Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (OTCPK:YNGFF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

YF8:Singapore

Address

9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619

Website

https://www.yzjfin.com

Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

Yangzijiang Financial Holding (Yangzijiang Financial Holding) Headlines

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