Samson Holding (HKSE:00531) Inventory Turnover : 1.21 (As of Dec. 2023)

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What is Samson Holding 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. Samson Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,127 Mil. Samson Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$934 Mil. Samson Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samson Holding's Days Inventory for the six months ended in Dec. 2023 was 151.29.

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. Samson Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.

Samson Holding Inventory Turnover Historical Data

The historical data trend for Samson Holding'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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Samson Holding Inventory Turnover Chart

Samson Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.30

2.27

2.73

2.96

2.22

Samson Holding 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															1.31	1.19	1.38	1.15	1.21

Samson Holding Inventory Turnover Calculation

Samson Holding'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 )
=	2400.1	/ (	(1259.623	+	899.705)	/	2 )
=	2400.1	/	1079.664
=	2.22

Samson Holding'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 )
=	1127.025	/ (	(968.903	+	899.705)	/	2 )
=	1127.025	/	934.304
=	1.21

Samson Holding (HKSE:00531) 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.

Samson Holding'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
	=	934.304	/	1127.025	*	365 / 2
	=	151.29

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.

Samson Holding'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 )
	=	934.304	/	1553.44
	=	0.60

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.

Samson Holding Inventory Turnover Related Terms

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Samson Holding (HKSE:00531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Samson Holding Ltd (HKSE:00531) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

S9K:Germany

Address

No. 2 Taicheng Road, China Timber Industry City Development Area, Zhejiang Province, Jiashan County, CHN, 314100

Website

http://www.samsonholding.com

Samson Holding Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of residential furniture. The company is involved in the activity of designing, manufacturing, selling, and marketing household and commercial furniture. It owns several brands including Universal Furniture, Paula Deen Home, Legacy Classic Furniture, Legacy Classic Kids, Craftmaster Furniture, Universal Furniture China, and Athome. It has a presence in China, Hong Kong, Vietnam, the United States, and Bangladesh. Geographically, the company earns most of its revenue from the United States.

Executives

Advent Group Limited	2101 Beneficial owner
Magnificent Capital Holding Limited	2201 Interest of corporation controlled by you
Kuo Shan Huei	2201 Interest of corporation controlled by you
Liu Yi-mei	2201 Interest of corporation controlled by you

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