Yues International Holdings Group (HKSE:01529) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Yues International Holdings Group 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. Yues International Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$100.9 Mil. Yues International Holdings Group's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yues International Holdings Group's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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. Yues International Holdings Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Yues International Holdings Group Inventory Turnover Historical Data

The historical data trend for Yues International Holdings Group'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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Yues International Holdings Group Inventory Turnover Chart

Yues International Holdings Group Annual Data

Trend

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Dec23

Inventory Turnover

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Yues International Holdings Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

Yues International Holdings Group Inventory Turnover Calculation

Yues International Holdings Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	165.34	/ (	(0	+	0)	/	1 )
=	165.34	/	0
=	N/A

Yues International Holdings Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	100.917	/ (	(0	+	0)	/	1 )
=	100.917	/	0
=	N/A

Yues International Holdings Group (HKSE:01529) 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.

Yues International Holdings Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	100.917	*	365 / 2
	=	0.00

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.

Yues International Holdings Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	101.95
	=	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.

Yues International Holdings Group Inventory Turnover Related Terms

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Yues International Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yues International Holdings Group Ltd (HKSE:01529) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Citic Plaza, No. 233, Tianhe Road North, Units 1301 and 1302, 13th Floor, Guangzhou, CHN

Website

https://www.goalrise-china.com

Yues International Holdings Group Ltd is engaged in the provision of transportation, warehousing, in-plant logistics and customisation services. The company operates in four business segments namely Transportation service; Warehousing service; In-plant logistics service; and Customisation service. It derives majority of the revenue from In-plant logistics service segment. The group principally operates in the PRC.

Executives

Portree Wealth Limited	2101 Beneficial owner
Zhu Zhijian	2201 Interest of corporation controlled by you
Dai Ting Ji	2101 Beneficial owner
Xie Zhi Min	2101 Beneficial owner
Zhong Bei Tou Zi Kong Gu Ji Tuan Hai Nan You Xian Gong Si	2101 Beneficial owner

Yues International Holdings Group Headlines

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