Chinandi Holdings (HKSE:00910) Inventory Turnover : 0.14 (As of Dec. 2023)

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What is Chinandi 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. Chinandi Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,844 Mil. Chinandi Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$12,865 Mil. Chinandi Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chinandi Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,273.08.

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. Chinandi Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 6.27.

Chinandi Holdings Inventory Turnover Historical Data

The historical data trend for Chinandi 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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Chinandi Holdings Inventory Turnover Chart

Chinandi Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.18

0.19

0.14

0.16

0.23

Chinandi Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.05	0.02	0.14	0.09	0.14

Chinandi Holdings Inventory Turnover Calculation

Chinandi 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 )
=	3054.798	/ (	(14485.529	+	12085.978)	/	2 )
=	3054.798	/	13285.7535
=	0.23

Chinandi 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 )
=	1844.267	/ (	(13644.412	+	12085.978)	/	2 )
=	1844.267	/	12865.195
=	0.14

Chinandi Holdings (HKSE:00910) 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.

Chinandi 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
	=	12865.195	/	1844.267	*	365 / 2
	=	1,273.08

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.

Chinandi 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 )
	=	12865.195	/	2051.196
	=	6.27

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.

Chinandi Holdings Inventory Turnover Related Terms

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Chinandi Holdings (HKSE:00910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Sandi Holdings Ltd (HKSE:00910) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, Room 2008, 20th Floor, Hong Kong, HKG

Website

http://www.chinasandi.com.cn

China Sandi Holdings Ltd is an investment holding company engaged in the investment and development of properties. It operates through the segments of Property development and Property investment. The company derives key revenue from Property development segment which involves the development and sale of properties. Property investment segment involves the lease of investment properties and provision of property management service. The group principally operates in Mainland China.

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