Prosper One International Holdings Co (HKSE:01470) Inventory Turnover : 7.52 (As of Oct. 2024)

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What is Prosper One International Holdings 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. Prosper One International Holdings Co's Cost of Goods Sold for the six months ended in Oct. 2024 was HK$33.49 Mil. Prosper One International Holdings Co's Average Total Inventories for the quarter that ended in Oct. 2024 was HK$4.46 Mil. Prosper One International Holdings Co's Inventory Turnover for the quarter that ended in Oct. 2024 was 7.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prosper One International Holdings Co's Days Inventory for the six months ended in Oct. 2024 was 24.27.

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. Prosper One International Holdings Co's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.10.

Prosper One International Holdings Co Inventory Turnover Historical Data

The historical data trend for Prosper One International Holdings 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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Prosper One International Holdings Co Inventory Turnover Chart

Prosper One International Holdings Co Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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1.71

2.27

4.04

0.26

9.95

Prosper One International Holdings Co Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Inventory Turnover	Get a 7-Day Free Trial															0.94	-1.34	0.44	5.52	7.52

Prosper One International Holdings Co Inventory Turnover Calculation

Prosper One International Holdings Co's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	30.394	/ (	(1.586	+	4.523)	/	2 )
=	30.394	/	3.0545
=	9.95

Prosper One International Holdings Co's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Apr. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	33.494	/ (	(4.523	+	4.387)	/	2 )
=	33.494	/	4.455
=	7.52

Prosper One International Holdings Co (HKSE:01470) 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.

Prosper One International Holdings Co's Days Inventory for the six months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	4.455	/	33.494	*	365 / 2
	=	24.27

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.

Prosper One International Holdings Co's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	4.455	/	44.466
	=	0.10

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.

Prosper One International Holdings Co Inventory Turnover Related Terms

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Prosper One International Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prosper One International Holdings Co Ltd (HKSE:01470) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 183 Queen’s Road East, Room 4801, 48th Floor, Wanchai, Hong Kong, HKG

Website

https://www.prosperoneintl.com

Prosper One International Holdings Co Ltd is an investment holding company acting as an agent in the sales and trading of fertilisers and other related products. The company operates through three segments: Wholesale business of watches; Trading of fertilisers and other related products; and Manufacture and sales of compound fertilisers. The company generates the majority of its revenue from the manufacture and sales of compound fertilisers in Mainland China. Geographically the company generates revenue from Mailand China and Hong Kong.

Executives

Changjiang Absolute Return China Fund	2102 Investment manager
Meng Guangyin	2201 Interest of corporation controlled by you
Prosper One Enterprises Limited	2101 Beneficial owner

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