Zhuguang Holdings Group Co (HKSE:01176) Inventory Turnover : 0.02 (As of Dec. 2024)

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What is Zhuguang Holdings Group Co 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. Zhuguang Holdings Group Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$198 Mil. Zhuguang Holdings Group Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$12,858 Mil. Zhuguang Holdings Group Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhuguang Holdings Group Co's Days Inventory for the six months ended in Dec. 2024 was 11,840.11.

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. Zhuguang Holdings Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 14.92.

Zhuguang Holdings Group Co Inventory Turnover Historical Data

The historical data trend for Zhuguang Holdings Group Co'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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Zhuguang Holdings Group Co Inventory Turnover Chart

Zhuguang Holdings Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.60

0.08

0.06

0.03

Zhuguang Holdings Group Co 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															0.05	0.02	0.04	0.01	0.02

Zhuguang Holdings Group Co Inventory Turnover Calculation

Zhuguang Holdings Group Co'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 )
=	376.993	/ (	(12837.691	+	12725.964)	/	2 )
=	376.993	/	12781.8275
=	0.03

Zhuguang Holdings Group Co'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 )
=	198.191	/ (	(12990.244	+	12725.964)	/	2 )
=	198.191	/	12858.104
=	0.02

Zhuguang Holdings Group Co (HKSE:01176) 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.

Zhuguang Holdings Group Co'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
	=	12858.104	/	198.191	*	365 / 2
	=	11,840.11

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.

Zhuguang Holdings Group Co'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 )
	=	12858.104	/	862.045
	=	14.92

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.

Zhuguang Holdings Group Co Inventory Turnover Related Terms

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Zhuguang Holdings Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuguang Holdings Group Co Ltd (HKSE:01176) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.zhuguang.com.hk

Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development-related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment is responsible for the majority of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Executives

Rong De Investments Limited	2101 Beneficial owner
Liao Tengjia	2201 Interest of corporation controlled by you
Chu Hing Tsung	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Cheung Fong Wing	2201 Interest of corporation controlled by you
Quan Xing Holdings Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.
Ying Ri You Xian Gong Si	2101 Beneficial owner
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you

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