Hong Kong Technology Venture Co (FRA:XHN1) Inventory Turnover : 6.76 (As of Dec. 2024)

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What is Hong Kong Technology Venture Co 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. Hong Kong Technology Venture Co's Cost of Goods Sold for the six months ended in Dec. 2024 was €105.6 Mil. Hong Kong Technology Venture Co's Average Total Inventories for the quarter that ended in Dec. 2024 was €15.6 Mil. Hong Kong Technology Venture Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 6.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hong Kong Technology Venture Co's Days Inventory for the six months ended in Dec. 2024 was 27.02.

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. Hong Kong Technology Venture Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.

Hong Kong Technology Venture Co Inventory Turnover Historical Data

The historical data trend for Hong Kong Technology Venture Co'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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Hong Kong Technology Venture Co Inventory Turnover Chart

Hong Kong Technology Venture Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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12.69

12.48

13.46

12.87

13.12

Hong Kong Technology Venture Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															6.52	6.41	7.00	6.82	6.76

Hong Kong Technology Venture Co Inventory Turnover Calculation

Hong Kong Technology Venture Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	215.865	/ (	(16.487	+	16.427)	/	2 )
=	215.865	/	16.457
=	13.12

Hong Kong Technology Venture Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	105.588	/ (	(14.833	+	16.427)	/	2 )
=	105.588	/	15.63
=	6.76

Hong Kong Technology Venture Co (FRA:XHN1) 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.

Hong Kong Technology Venture Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	15.63	/	105.588	*	365 / 2
	=	27.02

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.

Hong Kong Technology Venture Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	15.63	/	238.579
	=	0.07

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.

Hong Kong Technology Venture Co Inventory Turnover Related Terms

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Hong Kong Technology Venture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (FRA:XHN1) » Definitions » Inventory Turnover

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Traded in Other Exchanges

HKTVY:USA 01137:Hong Kong

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd is included in the business of Ecommerce business which cover end-to end online shopping platform operation (including fulfillment and logistics), multimedia production and other related services; and New venture projects performing research and development activities on technologies, and operating business by adopting the technologies globally; and research, development and provision of technology solutions as a service including end-to-end digital retailing and retail store automation. The company has two reporting segments: Hong Kong Ecommerce business and New Ventures and Technology business, out of which Hong Kong Ecommerce business derives maximum revenue.

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