Automated Systems Holdings (HKSE:00771) Inventory Turnover : 3.83 (As of Dec. 2024)

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What is Automated Systems 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. Automated Systems Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,025 Mil. Automated Systems Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$267 Mil. Automated Systems Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Automated Systems Holdings's Days Inventory for the six months ended in Dec. 2024 was 47.64.

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. Automated Systems Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.23.

Automated Systems Holdings Inventory Turnover Historical Data

The historical data trend for Automated Systems 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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Automated Systems Holdings Inventory Turnover Chart

Automated Systems Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.64

13.09

12.20

11.88

10.89

Automated Systems Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.33	4.59	4.09	4.41	3.83

Automated Systems Holdings Inventory Turnover Calculation

Automated Systems Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	2126.99	/ (	(178.001	+	212.518)	/	2 )
=	2126.99	/	195.2595
=	10.89

Automated Systems Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1024.719	/ (	(322.454	+	212.518)	/	2 )
=	1024.719	/	267.486
=	3.83

Automated Systems Holdings (HKSE:00771) 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.

Automated Systems Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	267.486	/	1024.719	*	365 / 2
	=	47.64

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.

Automated Systems Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	267.486	/	1147.514
	=	0.23

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.

Automated Systems Holdings Inventory Turnover Related Terms

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Automated Systems Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Systems Holdings Ltd (HKSE:00771) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 On Sum Street, 15th Floor, Topsail Plaza, Shatin, New Territories, Hong Kong, HKG

Website

https://www1.asl.com.hk

Automated Systems Holdings Ltd operates as an investment holding company, which provides corporate management services. It operates through the following segments: Information Technology Products and Information Technology Services. The IT Products segment engages in the business of information technology in supplying of information technology and associated products. The IT Services segment engages in the business of information technology in providing systems integration, software and consulting services, engineering support for products and solutions, and managed services. Its geographical presence in Hong Kong, Mainland China, United States, Europe, Taiwan, Macau, Thailand, Singapore and Malaysia.

Executives

Beijing Teamsun Technology Co., Ltd.	2201 Interest of corporation controlled by you
Hua Sheng Tian Cheng Ke Ji Xiang Gang You Xian Gong Si	2101 Beneficial owner
Dehong(hangzhou) Investment Partnership Limited	2101 Beneficial owner

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