Lvgem (China) Real Estate Investment Co (HKSE:00095) Inventory Turnover : 0.04 (As of Dec. 2024)

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What is Lvgem (China) Real Estate Investment 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. Lvgem (China) Real Estate Investment Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$2,197 Mil. Lvgem (China) Real Estate Investment Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$57,085 Mil. Lvgem (China) Real Estate Investment Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lvgem (China) Real Estate Investment Co's Days Inventory for the six months ended in Dec. 2024 was 4,741.68.

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. Lvgem (China) Real Estate Investment Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 30.19.

Lvgem (China) Real Estate Investment Co Inventory Turnover Historical Data

The historical data trend for Lvgem (China) Real Estate Investment 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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Lvgem (China) Real Estate Investment Co Inventory Turnover Chart

Lvgem (China) Real Estate Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.12

0.06

0.03

0.09

0.07

Lvgem (China) Real Estate Investment 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															0.02	0.01	0.07	0.03	0.04

Lvgem (China) Real Estate Investment Co Inventory Turnover Calculation

Lvgem (China) Real Estate Investment 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 )
=	3804.065	/ (	(56554.381	+	57298.386)	/	2 )
=	3804.065	/	56926.3835
=	0.07

Lvgem (China) Real Estate Investment 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 )
=	2197.122	/ (	(56871.934	+	57298.386)	/	2 )
=	2197.122	/	57085.16
=	0.04

Lvgem (China) Real Estate Investment Co (HKSE:00095) 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.

Lvgem (China) Real Estate Investment 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
	=	57085.16	/	2197.122	*	365 / 2
	=	4,741.68

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.

Lvgem (China) Real Estate Investment 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 )
	=	57085.16	/	1890.916
	=	30.19

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.

Lvgem (China) Real Estate Investment Co Inventory Turnover Related Terms

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Lvgem (China) Real Estate Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lvgem (China) Real Estate Investment Co Ltd (HKSE:00095) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

123 Hoi Bun Road, Unit 2501, NEO, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.lvgem-china.com

Lvgem (China) Real Estate Investment Co Ltd is a real estate developer and a commercial property operator. The company's reportable segments are Real estate development and sales segment include sales of properties; Commercial property investment and operations segment include lease of commercial properties, office premises, apartments and car parks and Comprehensive services segment includes hotel operation, property management service.The majority of its revenue is earned through Real estate development and sales segment. The Company's operations are located in the Mainland China, Hong Kong, the United States of America and Cambodia.

Executives

Greater Bay Area Homeland Development Fund (gp) Limited	2201 Interest of corporation controlled by you
Greater Bay Area Homeland Investments Limited	2201 Interest of corporation controlled by you
Poly Platinum Enterprises Limited	2101 Beneficial owner
China Construction Bank Corporation	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Gardner Aaron Luke (in The Capacity Of The Receiver)	2501 Other
Xu Jun Jia	2201 Interest of corporation controlled by you
Grand Beyond Limited	2201 Interest of corporation controlled by you
Huang Jingshu	2202 Interest of your spouse
Chan Tak Ho	2201 Interest of corporation controlled by you
Arte Capital I Gp Limited	2201 Interest of corporation controlled by you
Arte Holdings Limited	2201 Interest of corporation controlled by you
Arte Special Situation Fund, L.p.	2201 Interest of corporation controlled by you
Proud Pine Limited
Wong Hong King

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