E. Bon Holdings (HKSE:00599) Inventory Turnover : 0.69 (As of Sep. 2023)

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What is E. Bon 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. E. Bon Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$120.0 Mil. E. Bon Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$173.5 Mil. E. Bon Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. E. Bon Holdings's Days Inventory for the six months ended in Sep. 2023 was 263.82.

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. E. Bon Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.81.

E. Bon Holdings Inventory Turnover Historical Data

The historical data trend for E. Bon 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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E. Bon Holdings Inventory Turnover Chart

E. Bon Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.95

1.93

1.84

2.41

2.11

E. Bon 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															1.17	1.17	1.13	0.98	0.69

E. Bon Holdings Inventory Turnover Calculation

E. Bon 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 )
=	274.158	/ (	(115.42	+	144.909)	/	2 )
=	274.158	/	130.1645
=	2.11

E. Bon 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 )
=	120.047	/ (	(144.909	+	202.172)	/	2 )
=	120.047	/	173.5405
=	0.69

E. Bon Holdings (HKSE:00599) 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.

E. Bon 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
	=	173.5405	/	120.047	*	365 / 2
	=	263.82

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.

E. Bon 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 )
	=	173.5405	/	213.973
	=	0.81

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.

E. Bon Holdings Inventory Turnover Related Terms

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E. Bon Holdings (HKSE:00599) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » E. Bon Holdings Ltd (HKSE:00599) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Leighton Road, 16th - 18th Floors, First Commercial Building, Causeway Bay, Hong Kong, HKG

Website

https://www.ebon.com.hk

E. Bon Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in importing, wholesale, and installation of architectural builder's hardware, bathroom, kitchen collections, and furniture. Its reportable operating segments are Architectural builders' hardware and Kitchen collection and furniture. The group generates a vast majority of the revenue from Hong Kong.

Executives

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Tse Hon Kit Kevin	2201 Interest of corporation controlled by you
Tse Sun Wai Albert	2201 Interest of corporation controlled by you
Tse Sun Po Tony	2201 Interest of corporation controlled by you
Tse Sun Fat Henry	2201 Interest of corporation controlled by you
Lim Mee Hwa	2101 Beneficial owner
Yeo Seng Chong	2101 Beneficial owner

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