AsiaInfo Technologies (HKSE:01675) Inventory Turnover : 40.78 (As of Dec. 2023)

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What is AsiaInfo Technologies 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. AsiaInfo Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,038 Mil. AsiaInfo Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$74 Mil. AsiaInfo Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 40.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AsiaInfo Technologies's Days Inventory for the six months ended in Dec. 2023 was 4.47.

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. AsiaInfo Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

AsiaInfo Technologies Inventory Turnover Historical Data

The historical data trend for AsiaInfo Technologies'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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AsiaInfo Technologies Inventory Turnover Chart

AsiaInfo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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11,833.38

10,973.36

3,114.86

375.67

78.66

AsiaInfo Technologies Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											1,732.16	126.80	100.77	73.56	40.78

AsiaInfo Technologies Inventory Turnover Calculation

AsiaInfo Technologies'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 )
=	5376.344	/ (	(25.651	+	111.051)	/	2 )
=	5376.344	/	68.351
=	78.66

AsiaInfo Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3037.968	/ (	(37.924	+	111.051)	/	2 )
=	3037.968	/	74.4875
=	40.78

AsiaInfo Technologies (HKSE:01675) 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.

AsiaInfo Technologies's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	74.4875	/	3037.968	*	365 / 2
	=	4.47

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.

AsiaInfo Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	74.4875	/	5040.818
	=	0.01

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.

AsiaInfo Technologies Inventory Turnover Related Terms

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AsiaInfo Technologies (HKSE:01675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaInfo Technologies Ltd (HKSE:01675) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

51N:Germany

Address

Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193

Website

https://www.asiainfo.com

AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.

Executives

Ccp Ii Gp Ltd.	2201 Interest of corporation controlled by you
Bei Jing Ya Xin Xin Xing Zhe Zi Xun You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Asiainfo Security Technologies Company Limited	2101 Beneficial owner
Zhang Yichen	2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited	2201 Interest of corporation controlled by you
Tian Suning	2201 Interest of corporation controlled by you
Skipper Investment Limited	2101 Beneficial owner
Cp Management Holdings Limited	2201 Interest of corporation controlled by you
Ccp Ltd.	2201 Interest of corporation controlled by you
Citic Capital China Partners Ii, L.p.	2201 Interest of corporation controlled by you
Citic Capital Holdings Limited	2201 Interest of corporation controlled by you
Power Joy (cayman) Limited	2201 Interest of corporation controlled by you
The Core Trust Company Limited	2501 Other
Noble (nominees) Limited	2302 Custodian
Sino Venture Capital 1 Vcc	2201 Interest of corporation controlled by you

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