China Partytime Culture Holdings (HKSE:01532) Inventory Turnover : 3.18 (As of Dec. 2024)

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What is China Partytime Culture 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. China Partytime Culture Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$73.0 Mil. China Partytime Culture Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$23.0 Mil. China Partytime Culture Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Partytime Culture Holdings's Days Inventory for the six months ended in Dec. 2024 was 57.44.

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. China Partytime Culture Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.28.

China Partytime Culture Holdings Inventory Turnover Historical Data

The historical data trend for China Partytime Culture 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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China Partytime Culture Holdings Inventory Turnover Chart

China Partytime Culture Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.35

12.37

10.51

10.60

8.41

China Partytime Culture 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															3.96	8.35	7.90	5.64	3.18

China Partytime Culture Holdings Inventory Turnover Calculation

China Partytime Culture 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 )
=	206.846	/ (	(25.527	+	23.662)	/	2 )
=	206.846	/	24.5945
=	8.41

China Partytime Culture 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 )
=	73.028	/ (	(22.311	+	23.662)	/	2 )
=	73.028	/	22.9865
=	3.18

China Partytime Culture Holdings (HKSE:01532) 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.

China Partytime Culture 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
	=	22.9865	/	73.028	*	365 / 2
	=	57.44

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.

China Partytime Culture 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 )
	=	22.9865	/	80.81
	=	0.28

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.

China Partytime Culture Holdings Inventory Turnover Related Terms

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China Partytime Culture Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Partytime Culture Holdings Ltd (HKSE:01532) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Chunchao Road, Yichun Economic and Technological Development Zone, Jiangxi Province, Yichun, CHN

Website

http://www.partytime.com.cn

China Partytime Culture Holdings Ltd is an investment company. It is engaged in the design, development, production, selling, and marketing of cosplay products (including cosplay costumes and cosplay wigs) and non-cosplay apparel which include mainly sexy lingerie. The operating segments of the group are Wigs; Clothing and others, including cosplay costumes, sexy lingerie, and others; and the Leasing of factory premises involving self-owned or held under leasehold interest. The group derives revenue from the PRC, the U.S., Germany, the U.K., Australia, Holland, Japan and other countries.

Executives

Master Professional Holdings Limited	2101 Beneficial owner
Li Bin	2101 Beneficial owner
Chen Shucai	2201 Interest of corporation controlled by you
Feng Xianhua	2101 Beneficial owner
Ye Wanhong	2201 Interest of corporation controlled by you
Lam Shek Sun	2101 Beneficial owner
Ng Ting Wai	2101 Beneficial owner

China Partytime Culture Holdings Headlines

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