Dah Chong Hong Holdings (Dah Chong Hong Holdings) Inventory Turnover : 3.05 (As of Jun. 2019)

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What is Dah Chong Hong 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. Dah Chong Hong Holdings's Cost of Goods Sold for the six months ended in Jun. 2019 was $2,619 Mil. Dah Chong Hong Holdings's Average Total Inventories for the quarter that ended in Jun. 2019 was $857 Mil. Dah Chong Hong Holdings's Inventory Turnover for the quarter that ended in Jun. 2019 was 3.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dah Chong Hong Holdings's Days Inventory for the six months ended in Jun. 2019 was 59.74.

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. Dah Chong Hong Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.28.

Dah Chong Hong Holdings Inventory Turnover Historical Data

The historical data trend for Dah Chong Hong 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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Dah Chong Hong Holdings Inventory Turnover Chart

Dah Chong Hong Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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5.50

5.10

5.87

6.28

6.52

Dah Chong Hong Holdings Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Inventory Turnover	Get a 7-Day Free Trial															2.81	3.44	3.12	3.49	3.05

Dah Chong Hong Holdings Inventory Turnover Calculation

Dah Chong Hong Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	5621.019	/ (	(882.014	+	843.159)	/	2 )
=	5621.019	/	862.5865
=	6.52

Dah Chong Hong Holdings's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

	Inventory Turnover (Q: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )
=	2618.707	/ (	(843.159	+	871.326)	/	2 )
=	2618.707	/	857.2425
=	3.05

Dah Chong Hong Holdings (OTCPK:DAHCY) 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.

Dah Chong Hong Holdings's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	857.2425	/	2618.707	*	365 / 2
	=	59.74

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.

Dah Chong Hong Holdings's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	857.2425	/	3043.828
	=	0.28

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.

Dah Chong Hong Holdings Inventory Turnover Related Terms

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Dah Chong Hong Holdings (Dah Chong Hong Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dah Chong Hong Holdings Ltd (OTCPK:DAHCY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Kai Cheung Road, 8th Floor, DCH Building, Kowloon Bay, HKG

Website

http://www.dch.com.hk

Dah Chong Hong Holdings Ltd (DCH) is a business conglomerate that operates in the consumer market of Greater China, Singapore and Japan. DCH operates a diversified portfolio of business including motor and motor-related business, as well as food and consumer products business with its logistics services activities. DCH's majority of the revenue is earned from the motor and motor related business that includes distribution and dealership of motor vehicle, and it's other motor related business includes an operation of independent service outlets, trading of equipment parts & used car, motor leasing, and selling of yachts. It also operates other small business including property, advertising, insurance and other investments.

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