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Affluent Foundation Holdings (HKSE:01757) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is Affluent Foundation 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. Affluent Foundation Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$121.7 Mil. Affluent Foundation Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Affluent Foundation Holdings's Days Inventory for the six months ended in Sep. 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. Affluent Foundation Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.


Affluent Foundation Holdings Inventory Turnover Historical Data

The historical data trend for Affluent Foundation 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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Affluent Foundation Holdings Inventory Turnover Chart

Affluent Foundation Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
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Affluent Foundation Holdings Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Affluent Foundation Holdings Inventory Turnover Calculation

Affluent Foundation Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=194.775 / ((0 + 0) / 1 )
=194.775 / 0
=N/A

Affluent Foundation Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=121.689 / ((0 + 0) / 1 )
=121.689 / 0
=N/A

* 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.


Affluent Foundation Holdings  (HKSE:01757) 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.

Affluent Foundation Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/121.689*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.

Affluent Foundation Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 125.442
=0.00

* 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.


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.


Affluent Foundation Holdings Inventory Turnover Related Terms

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Affluent Foundation Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Sha Tsui Road, Unit 903-905, 9th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG
Affluent Foundation Holdings Ltd is a subcontractor engaged in services related to foundation works including excavation and lateral support works, pile caps construction, and other services, such as demolition works, underground drainage works, earthworks, and structural steelworks. It is also engaged in leasing machinery to other construction companies. Geographically the group operates in Hong Kong. It generates revenue through the provision of contracting services.
Executives
Oriental Castle Group Limited 2101 Beneficial owner
Chan Siu Cheong 2201 Interest of corporation controlled by you
Chu Wai Ling 2202 Interest of your spouse

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