Continental Holdings (HKSE:00513) Inventory Turnover : 0.18 (As of Dec. 2023)

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What is Continental 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. Continental Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$150.3 Mil. Continental Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$837.3 Mil. Continental Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Continental Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,016.68.

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. Continental Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 4.18.

Continental Holdings Inventory Turnover Historical Data

The historical data trend for Continental 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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Continental Holdings Inventory Turnover Chart

Continental Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.06

0.65

0.77

0.66

0.46

Continental Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.66	0.39	0.38	0.37	0.18

Continental Holdings Inventory Turnover Calculation

Continental Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	389.355	/ (	(841.566	+	840.95)	/	2 )
=	389.355	/	841.258
=	0.46

Continental Holdings'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 )
=	150.295	/ (	(840.95	+	833.584)	/	2 )
=	150.295	/	837.267
=	0.18

Continental Holdings (HKSE:00513) 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.

Continental Holdings'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
	=	837.267	/	150.295	*	365 / 2
	=	1,016.68

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.

Continental Holdings'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 )
	=	837.267	/	200.183
	=	4.18

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.

Continental Holdings Inventory Turnover Related Terms

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Continental Holdings (HKSE:00513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Continental Holdings Ltd (HKSE:00513) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

11 Hok Yuen Street, Flats M & N, 1st Floor, Kaiser Estate, Phase III, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.continental.com.hk

Continental Holdings Ltd is a Hong Kong-based investment holding company principally engaged in jewelry and diamond businesses. Business activities are carried out in various segments namely Jewellery Business, Property investment and development, Mining operation and Investment. The company generates maximum revenue from Jewellery Business segment. Geographically the company's business presence is seen across the regions of Hong Kong, North America, Europe, the Middle East and various other countries.

Executives

Cheng Siu Yin Shirley	2201 Interest of corporation controlled by you
Chan Sing Chuk Charles

Continental Holdings (HKSE:00513) Headlines

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