GR Life Style Co (HKSE:00108) Inventory Turnover : 0.78 (As of Dec. 2024)

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What is GR Life Style 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. GR Life Style Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$54.4 Mil. GR Life Style Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$69.3 Mil. GR Life Style Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GR Life Style Co's Days Inventory for the six months ended in Dec. 2024 was 232.49.

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. GR Life Style Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.53.

GR Life Style Co Inventory Turnover Historical Data

The historical data trend for GR Life Style 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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GR Life Style Co Inventory Turnover Chart

GR Life Style Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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55.67

86.81

0.44

0.31

0.75

GR Life Style 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															0.21	0.21	0.63	0.72	0.78

GR Life Style Co Inventory Turnover Calculation

GR Life Style 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 )
=	112.377	/ (	(160.94	+	137.48)	/	2 )
=	112.377	/	149.21
=	0.75

GR Life Style 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 )
=	54.404	/ (	(1.131	+	137.48)	/	2 )
=	54.404	/	69.3055
=	0.78

GR Life Style Co (HKSE:00108) 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.

GR Life Style 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
	=	69.3055	/	54.404	*	365 / 2
	=	232.49

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.

GR Life Style 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 )
	=	69.3055	/	131.803
	=	0.53

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.

GR Life Style Co Inventory Turnover Related Terms

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GR Life Style Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GR Life Style Co Ltd (HKSE:00108) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 89 Queensway, Unit 3505, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.grproperties.com.hk

GR Life Style Co Ltd is a Hong Kong-based investment holding company engaged in property development and investments in the PRC, the USA, and the UK. It operates through the segments of property development and investment segment engages in property development and investment in the UK, the USA, and Mainland China; and the property management segment, which is the key revenue driver, engages in the provision of property management services for office buildings, residential properties and car parks in Mainland China.

Executives

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Trident Trust Company (b.v.i.) Limited	2301 Trustee
Widewealth Company Limited	2201 Interest of corporation controlled by you
Wei Chunxian	2307 Founder of a discretionary trust who can infl
Sun Zhongmin	2101 Beneficial owner
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Winluck Global Limited	2201 Interest of corporation controlled by you
Gang Rui International Investment (hk) Limited	2101 Beneficial owner
Bei Jing Guo Rui Fang Di Chan Kai Fa You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Guo Rui Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Wan Ze Cheng Tou Zi Gu Wen Zhong Xin	2201 Interest of corporation controlled by you

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