International Business Settlement Holdings (HKSE:00147) Inventory Turnover : 0.12 (As of Sep. 2023)

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What is International Business Settlement 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. International Business Settlement Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$120.2 Mil. International Business Settlement Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$1,002.7 Mil. International Business Settlement Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Business Settlement Holdings's Days Inventory for the six months ended in Sep. 2023 was 1,522.86.

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. International Business Settlement Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 7.15.

International Business Settlement Holdings Inventory Turnover Historical Data

The historical data trend for International Business Settlement 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.

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International Business Settlement Holdings Inventory Turnover Chart

International Business Settlement Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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0.30

0.19

0.04

0.15

0.43

International Business Settlement Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.11	0.04	0.05	0.40	0.12

International Business Settlement Holdings Inventory Turnover Calculation

International Business Settlement Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	615.172	/ (	(1814.566	+	1057.537)	/	2 )
=	615.172	/	1436.0515
=	0.43

International Business Settlement Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	120.159	/ (	(1057.537	+	947.785)	/	2 )
=	120.159	/	1002.661
=	0.12

International Business Settlement Holdings (HKSE:00147) 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.

International Business Settlement Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	1002.661	/	120.159	*	365 / 2
	=	1,522.86

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.

International Business Settlement Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1002.661	/	140.22
	=	7.15

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.

International Business Settlement Holdings Inventory Turnover Related Terms

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International Business Settlement Holdings (HKSE:00147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Business Settlement Holdings Ltd (HKSE:00147) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Unit 3103, 31st Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

https://www.ibsettlement.com

International Business Settlement Holdings Ltd is an investment holding company. The company's operating segments include Property development; Hotel business; International business settlement; Contact lens business; Leasing and trading of computer equipment business and Financing business. It generates maximum revenue from the Property development segment which includes developing and selling commercial and residential properties, and car parking spaces including undertaking primary land development activities, in the PRC. Geographically, it derives a majority of its revenue from PRC.

Executives

Long Grand Limited	2101 Beneficial owner
Yam Yu	2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

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