ENM Holdings (ENM Holdings) Inventory Turnover : 1.05 (As of Jun. 2023)

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

What is ENM 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. ENM Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $2.92 Mil. ENM Holdings's Average Total Inventories for the quarter that ended in Jun. 2023 was $2.78 Mil. ENM Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ENM Holdings's Days Inventory for the six months ended in Jun. 2023 was 173.79.

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. ENM Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.36.

ENM Holdings Inventory Turnover Historical Data

The historical data trend for ENM 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.

* Premium members only.

ENM Holdings Inventory Turnover Chart

ENM Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

1.95

1.90

1.77

1.86

1.85

ENM Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															0.72	1.00	0.85	0.93	1.05

ENM Holdings Inventory Turnover Calculation

ENM Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	5.282	/ (	(2.82	+	2.891)	/	2 )
=	5.282	/	2.8555
=	1.85

ENM Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	2.924	/ (	(2.891	+	2.678)	/	2 )
=	2.924	/	2.7845
=	1.05

ENM Holdings (OTCPK:ENMHF) 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.

ENM Holdings's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	2.7845	/	2.924	*	365 / 2
	=	173.79

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.

ENM Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.7845	/	7.768
	=	0.36

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.

ENM Holdings Inventory Turnover Related Terms

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

ENM Holdings (ENM Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ENM Holdings Ltd (OTCPK:ENMHF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower 2, Nina Tower, 8 Yeung Uk Road, Suites 3301-3302, 33rd Floor, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.enmholdings.com

ENM Holdings Ltd is engaged in investment holding and securities trading. It has three operating segments; The retail of fashion wear and accessories segment includes the trading of fashion wear and accessories, the Resort and recreational club operations segment includes the provision of resort and recreational facilities including lodging and catering services, and the Investment segment includes the holding and trading of investments for short-term and long-term investment returns. The wholesale and retail of fashion wear and accessories segment generate maximum revenue for the company. The company has operations in Hong Kong, The Americas, Europe, and Other Asia Pacific regions.

ENM Holdings (ENM Holdings) Headlines

From GuruFocus

Oakmark International Small Cap Fund's 1st Quarter New Buys

By Graham Griffin Graham Griffin • 06-04-2020