CAQ Holdings (ASX:CAQ) Inventory Turnover : 1.80 (As of Dec. 2023)

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What is CAQ 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. CAQ Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.21 Mil. CAQ Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.67 Mil. CAQ Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAQ Holdings's Days Inventory for the six months ended in Dec. 2023 was 101.62.

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. CAQ Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

CAQ Holdings Inventory Turnover Historical Data

The historical data trend for CAQ 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.

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CAQ Holdings Inventory Turnover Chart

CAQ Holdings Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.05

0.01

1.77

CAQ Holdings 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															-	-	0.01	-	1.80

CAQ Holdings Inventory Turnover Calculation

CAQ Holdings'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 )
=	1.205	/ (	(1.278	+	0.087)	/	2 )
=	1.205	/	0.6825
=	1.77

CAQ Holdings'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 )
=	1.205	/ (	(1.255	+	0.087)	/	2 )
=	1.205	/	0.671
=	1.80

CAQ Holdings (ASX:CAQ) 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.

CAQ Holdings'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
	=	0.671	/	1.205	*	365 / 2
	=	101.62

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.

CAQ Holdings'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 )
	=	0.671	/	1.411
	=	0.48

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.

CAQ Holdings Inventory Turnover Related Terms

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CAQ Holdings (ASX:CAQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CAQ Holdings Ltd (ASX:CAQ) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

c/o. Beijing Properties (Holdings) Ltd, 18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.caqholdings.com

CAQ Holdings Ltd is engaged in jewelry trading and property development. The company generates most of its revenue from rental income. Geographically, the firm generates most of its revenue from Mainland China.

CAQ Holdings (ASX:CAQ) Headlines

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