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DCOHF (Dickson Concepts (International)) Inventory Turnover : 2.77 (As of Sep. 2024)


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What is Dickson Concepts (International) 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. Dickson Concepts (International)'s Cost of Goods Sold for the six months ended in Sep. 2024 was $68.8 Mil. Dickson Concepts (International)'s Average Total Inventories for the quarter that ended in Sep. 2024 was $24.8 Mil. Dickson Concepts (International)'s Inventory Turnover for the quarter that ended in Sep. 2024 was 2.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dickson Concepts (International)'s Days Inventory for the six months ended in Sep. 2024 was 65.82.

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. Dickson Concepts (International)'s Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.20.


Dickson Concepts (International) Inventory Turnover Historical Data

The historical data trend for Dickson Concepts (International)'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.

Dickson Concepts (International) Inventory Turnover Chart

Dickson Concepts (International) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 5.36 6.54 6.42 6.74

Dickson Concepts (International) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.25 3.44 3.58 2.93 2.77

Dickson Concepts (International) Inventory Turnover Calculation

Dickson Concepts (International)'s Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=166.461 / ((23.882 + 25.529) / 2 )
=166.461 / 24.7055
=6.74

Dickson Concepts (International)'s Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=68.76 / ((25.529 + 24.066) / 2 )
=68.76 / 24.7975
=2.77

* 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.


Dickson Concepts (International)  (OTCPK:DCOHF) 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.

Dickson Concepts (International)'s Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=24.7975/68.76*365 / 2
=65.82

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.

Dickson Concepts (International)'s Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=24.7975 / 123.451
=0.20

* 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.


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.


Dickson Concepts (International) Inventory Turnover Related Terms

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Dickson Concepts (International) Business Description

Traded in Other Exchanges
Address
98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches, and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has a presence in Hong Kong, Taiwan, and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.

Dickson Concepts (International) Headlines