CTR Holdings (HKSE:01416) Inventory Turnover : 922.46 (As of Aug. 2023)

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What is CTR 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. CTR Holdings's Cost of Goods Sold for the six months ended in Aug. 2023 was HK$307.6 Mil. CTR Holdings's Average Total Inventories for the quarter that ended in Aug. 2023 was HK$0.3 Mil. CTR Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 was 922.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CTR Holdings's Days Inventory for the six months ended in Aug. 2023 was 0.20.

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. CTR Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.00.

CTR Holdings Inventory Turnover Historical Data

The historical data trend for CTR 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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CTR Holdings Inventory Turnover Chart

CTR Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Inventory Turnover

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359.34

1,420.39

1,163.33

CTR Holdings Semi-Annual Data
	Feb17	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Inventory Turnover	Get a 7-Day Free Trial							570.90	1,184.49	614.39	610.88	922.46

CTR Holdings Inventory Turnover Calculation

CTR Holdings's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Inventory Turnover (A: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2023 )	/ (	(Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )
=	411.236	/ (	(0.301	+	0.406)	/	2 )
=	411.236	/	0.3535
=	1,163.33

CTR Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

	Inventory Turnover (Q: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2023 )	/ (	(Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )
=	307.64	/ (	(0.406	+	0.261)	/	2 )
=	307.64	/	0.3335
=	922.46

CTR Holdings (HKSE:01416) 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.

CTR Holdings's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2023 )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
	=	0.3335	/	307.64	*	365 / 2
	=	0.20

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.

CTR Holdings's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	0.3335	/	351.459
	=	0.00

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.

CTR Holdings Inventory Turnover Related Terms

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CTR Holdings (HKSE:01416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTR Holdings Ltd (HKSE:01416) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854

Website

https://www.ctrholdings.com

CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.

Executives

Brave Ocean Limited	2101 Beneficial owner
Gou Shuzhen	2103 Interests held jointly with another person
Le Thi Minh Tam	2202 Interest of your spouse
Lin Qingling	2202 Interest of your spouse
Xu Junjie	2202 Interest of your spouse
Xu Tiancheng	2201 Interest of corporation controlled by you
Xu Xuping	2201 Interest of corporation controlled by you

CTR Holdings (HKSE:01416) Headlines

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