Superactive Group Co (HKSE:00176) Inventory Turnover : 1.37 (As of Dec. 2023)

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What is Superactive Group 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. Superactive Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$25.62 Mil. Superactive Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$18.75 Mil. Superactive Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Superactive Group Co's Days Inventory for the six months ended in Dec. 2023 was 133.51.

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. Superactive Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Superactive Group Co Inventory Turnover Historical Data

The historical data trend for Superactive Group 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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Superactive Group Co Inventory Turnover Chart

Superactive Group Co Annual Data

Trend

Sep13

Sep14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.22

7.68

11.58

4.84

2.83

Superactive Group Co Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															5.53	2.40	1.92	1.29	1.37

Superactive Group Co Inventory Turnover Calculation

Superactive Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	46.717	/ (	(14.123	+	18.854)	/	2 )
=	46.717	/	16.4885
=	2.83

Superactive Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	25.623	/ (	(18.636	+	18.854)	/	2 )
=	25.623	/	18.745
=	1.37

Superactive Group Co (HKSE:00176) 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.

Superactive Group Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	18.745	/	25.623	*	365 / 2
	=	133.51

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.

Superactive Group Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	18.745	/	35.814
	=	0.52

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.

Superactive Group Co Inventory Turnover Related Terms

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Superactive Group Co (HKSE:00176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Superactive Group Co Ltd (HKSE:00176) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Room 1510, 15th Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.superactive.com.hk

Superactive Group Co Ltd is an investment holding company. Along with the subsidiaries, the company is involved in the design and distribution of consumer electronic products, provision of nursery education service/properties management, and money lending. The operating segments of the group are the Manufacture of Electronics products; Provision of Nursery Education services; Money Lending business; Property Development and Management business; and Regulated Financial Services business. It derives the majority of its revenue from the manufacturing and sale of electronics products segment. Geographically the company exports its products to Mainland China, the United States of America, the United Kingdom, The People's Republic of China, Hong Kong, Europe, and Others.

Executives

Lee Kelly	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Super Fame Holdings Limited	2101 Beneficial owner
Lee Chi Shing Caesar	2201 Interest of corporation controlled by you
Yeung So Lai	2201 Interest of corporation controlled by you

Superactive Group Co (HKSE:00176) Headlines

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