Hopson Development Holdings (HKSE:00754) Inventory Turnover : 0.13 (As of Dec. 2023)

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What is Hopson Development 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. Hopson Development Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$15,093 Mil. Hopson Development Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$116,807 Mil. Hopson Development Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hopson Development Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,412.43.

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. Hopson Development Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 6.08.

Hopson Development Holdings Inventory Turnover Historical Data

The historical data trend for Hopson Development 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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Hopson Development Holdings Inventory Turnover Chart

Hopson Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.12

0.15

0.16

0.21

Hopson Development 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															0.09	0.08	0.08	0.09	0.13

Hopson Development Holdings Inventory Turnover Calculation

Hopson Development Holdings'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 )
=	24795.337	/ (	(114212.724	+	119755.954)	/	2 )
=	24795.337	/	116984.339
=	0.21

Hopson Development 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 )
=	15092.721	/ (	(113858.746	+	119755.954)	/	2 )
=	15092.721	/	116807.35
=	0.13

Hopson Development Holdings (HKSE:00754) 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.

Hopson Development 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
	=	116807.35	/	15092.721	*	365 / 2
	=	1,412.43

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.

Hopson Development 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 )
	=	116807.35	/	19211.958
	=	6.08

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.

Hopson Development Holdings Inventory Turnover Related Terms

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Hopson Development Holdings (HKSE:00754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hopson Development Holdings Ltd (HKSE:00754) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Unit 4903-10, 49th Floor, The Center, Central, Hong Kong, HKG

Website

http://www.hopson.com.cn

Hopson Development Holdings Ltd is engaged in the development of medium to high-end large-scale residential properties. The company has five operating segment which includes the Real Estate segment, Commercial segment, Property management segment, Investments segment, and Infrastructure segment. It generates maximum revenue from Property development.

Executives

Hsbc Holdings Plc	2201 Interest of corporation controlled by you
Sounda Properties Limited	2101 Beneficial owner
Chu Mang Yee	2201 Interest of corporation controlled by you
Clear Build Investments Limited	2201 Interest of corporation controlled by you
Farrich Investments Limited	2101 Beneficial owner
Thebest Investments Limited	2201 Interest of corporation controlled by you
Chu Yat Hong	2201 Interest of corporation controlled by you

Hopson Development Holdings (HKSE:00754) Headlines

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