Carrianna Group Holdings Co (HKSE:00126) Inventory Turnover : 0.55 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Carrianna Group Holdings 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. Carrianna Group Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$248.8 Mil. Carrianna Group Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was HK$452.0 Mil. Carrianna Group Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carrianna Group Holdings Co's Days Inventory for the six months ended in Mar. 2024 was 331.49.

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. Carrianna Group Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.53.

Carrianna Group Holdings Co Inventory Turnover Historical Data

The historical data trend for Carrianna Group Holdings 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.

* Premium members only.

Carrianna Group Holdings Co Inventory Turnover Chart

Carrianna Group Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

1.08

0.88

0.79

0.76

0.86

Carrianna Group Holdings Co Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.40	0.30	0.50	0.32	0.55

Carrianna Group Holdings Co Inventory Turnover Calculation

Carrianna Group Holdings Co'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 )
=	398.069	/ (	(479.856	+	443.169)	/	2 )
=	398.069	/	461.5125
=	0.86

Carrianna Group Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	248.837	/ (	(460.793	+	443.169)	/	2 )
=	248.837	/	451.981
=	0.55

Carrianna Group Holdings Co (HKSE:00126) 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.

Carrianna Group Holdings Co's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	451.981	/	248.837	*	365 / 2
	=	331.49

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.

Carrianna Group Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	451.981	/	295.54
	=	1.53

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.

Carrianna Group Holdings Co Inventory Turnover Related Terms

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

Carrianna Group Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Carrianna Group Holdings Co Ltd (HKSE:00126) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 Renminnan Road, 5/F Carrianna Friendship Square, Lo Wu District, Shenzhen, CHN

Website

https://www.carrianna.com

Carrianna Group Holdings Co Ltd is a Hong Kong-based investment holding company. It is organised into business units based on their products and services and has two reportable operating segments the Restaurant, Food, and Hotel segment and Property Investment and development segment. The company derives the majority of revenue from Restaurant, Food and Hotel segment which is engaged in restaurant and hotel operations and the provision of food and beverage services. Further, the Property Investment segment comprises the development and sale of properties and the leasing of residential, commercial, and industrial properties. Geographically, the company generates the majority of its revenue from China.

Executives

Ma Kai Cheung	2101 Beneficial owner
Ma Kai Yum	2101 Beneficial owner
East Asia International Trustees Limited
Ng Sze Ping	2202 Interest of your spouse
Chen Chu Zhen
Cai Rong Kong Gu Ji Tuan You Xian Gong Si

Carrianna Group Holdings Co Headlines

No Headlines