i-CABLE Communications (HKSE:01097) Inventory Turnover : 123.62 (As of Dec. 2023)

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What is i-CABLE Communications 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. i-CABLE Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$513.0 Mil. i-CABLE Communications's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$4.1 Mil. i-CABLE Communications's Inventory Turnover for the quarter that ended in Dec. 2023 was 123.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. i-CABLE Communications's Days Inventory for the six months ended in Dec. 2023 was 1.48.

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. i-CABLE Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

i-CABLE Communications Inventory Turnover Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Inventory Turnover Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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106.94

92.04

121.78

103.02

165.04

i-CABLE Communications 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															64.66	43.16	68.98	53.38	123.62

i-CABLE Communications Inventory Turnover Calculation

i-CABLE Communications'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 )
=	816.047	/ (	(6.473	+	3.416)	/	2 )
=	816.047	/	4.9445
=	165.04

i-CABLE Communications'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 )
=	512.979	/ (	(4.883	+	3.416)	/	2 )
=	512.979	/	4.1495
=	123.62

i-CABLE Communications (HKSE:01097) 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.

i-CABLE Communications'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
	=	4.1495	/	512.979	*	365 / 2
	=	1.48

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.

i-CABLE Communications'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 )
	=	4.1495	/	334.505
	=	0.01

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.

i-CABLE Communications Inventory Turnover Related Terms

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i-CABLE Communications (HKSE:01097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (HKSE:01097) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ICABF:USA ICABY:USA IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

Executives

Celestial Pioneer Limited	2101 Beneficial owner
Forever Top (asia) Limited	2101 Beneficial owner
Cheng Kar Shun	2201 Interest of corporation controlled by you
Ng Hung Sang	2101 Beneficial owner
Ng Lai King Pamela	2101 Beneficial owner
South China Securities Limited	2101 Beneficial owner

i-CABLE Communications (HKSE:01097) Headlines

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