Veson Holdings (HKSE:01399) Inventory Turnover : 4.79 (As of Dec. 2024)

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What is Veson 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. Veson Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$2,863 Mil. Veson Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$598 Mil. Veson Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Veson Holdings's Days Inventory for the six months ended in Dec. 2024 was 38.10.

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. Veson Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.19.

Veson Holdings Inventory Turnover Historical Data

The historical data trend for Veson 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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Veson Holdings Inventory Turnover Chart

Veson Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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12.79

13.38

8.47

8.31

8.78

Veson 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															3.92	3.24	5.04	3.96	4.79

Veson Holdings Inventory Turnover Calculation

Veson 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 )
=	5302.132	/ (	(627.902	+	579.59)	/	2 )
=	5302.132	/	603.746
=	8.78

Veson 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 )
=	2862.936	/ (	(615.676	+	579.59)	/	2 )
=	2862.936	/	597.633
=	4.79

Veson Holdings (HKSE:01399) 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.

Veson 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
	=	597.633	/	2862.936	*	365 / 2
	=	38.10

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.

Veson 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 )
	=	597.633	/	3100.664
	=	0.19

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.

Veson Holdings Inventory Turnover Related Terms

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Veson Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. The segments of the company are ODM Business and Bare battery cell business. The company generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, the company operates in the PRC.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings Headlines

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