Smart Globe Holdings (HKSE:01481) Inventory Turnover : 2.86 (As of Dec. 2024)

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What is Smart Globe 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. Smart Globe Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$59.6 Mil. Smart Globe Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$20.9 Mil. Smart Globe Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Globe Holdings's Days Inventory for the six months ended in Dec. 2024 was 63.90.

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. Smart Globe Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.

Smart Globe Holdings Inventory Turnover Historical Data

The historical data trend for Smart Globe 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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Smart Globe Holdings Inventory Turnover Chart

Smart Globe Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.72

4.79

4.85

4.46

5.67

Smart Globe Holdings Semi-Annual Data
	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														2.55	2.42	2.22	2.04	2.86

Smart Globe Holdings Inventory Turnover Calculation

Smart Globe 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 )
=	103.841	/ (	(19.123	+	17.504)	/	2 )
=	103.841	/	18.3135
=	5.67

Smart Globe 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 )
=	59.627	/ (	(24.25	+	17.504)	/	2 )
=	59.627	/	20.877
=	2.86

Smart Globe Holdings (HKSE:01481) 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.

Smart Globe 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
	=	20.877	/	59.627	*	365 / 2
	=	63.90

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.

Smart Globe 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 )
	=	20.877	/	67.136
	=	0.31

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.

Smart Globe Holdings Inventory Turnover Related Terms

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Smart Globe Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Smart Globe Holdings Ltd (HKSE:01481) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heyuan Hi-Tech Development Zone, Guangdong Province, Heyuan, CHN

Website

http://www.smartglobehk.com

Smart Globe Holdings Ltd is primarily engaged in the business of printing books, novelty items, and packaging products. It offers an extensive suite of services that encompasses the entire printing process, from pre-press to printing to finishing. The Group also produces customized and value-added printing products. The group's operations are located in Hong Kong and the PRC. It derives key revenue from Hong Kong.

Executives

Liu Chujia	2202 Interest of your spouse
Terametal Holdings Limited	2101 Beneficial owner
Ng Ho Lun	2201 Interest of corporation controlled by you
Master Sage Limited
Fortune Corner Holdings Limited
Chan Yee Yeung
Lam Tak Ling Derek
Tse Yuen Shan Ivy
Lam Tak Ling Derek

Smart Globe Holdings Headlines

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