Colour Life Services Group Co (HKSE:01778) Inventory Turnover : 0.00 (As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Colour Life Services Group Co 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. Colour Life Services Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$812 Mil. Colour Life Services Group Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Colour Life Services Group Co'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. Colour Life Services Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Colour Life Services Group Co Inventory Turnover Historical Data

The historical data trend for Colour Life Services Group Co'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.

* Premium members only.

Colour Life Services Group Co Inventory Turnover Chart

Colour Life Services Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

590.86

687.79

Colour Life Services Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Colour Life Services Group Co Inventory Turnover Calculation

Colour Life Services Group Co'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 )
=	1169.27	/ (	(0	+	0)	/	1 )
=	1169.27	/	0
=	N/A

Colour Life Services Group Co'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 )
=	811.866	/ (	(0	+	0)	/	1 )
=	811.866	/	0
=	N/A

Colour Life Services Group Co (HKSE:01778) 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.

Colour Life Services Group Co'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	/	811.866	*	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.

Colour Life Services Group Co'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	/	1049.079
	=	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.

Colour Life Services Group Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Colour Life Services Group Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Colour Life Services Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colour Life Services Group Co Ltd (HKSE:01778) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Tairan 7th Road, 10th Floor, Tower B, The Platinum Tower, Futian District, Shenzhen, CHN, 518000

Website

http://www.colourlife.hk

Colour Life Services Group Co Ltd is a China-based company that provides property management and community services provider in China. The company operates in single segments namely the provision of property management services and related services in the PRC. The property management services segment provides community services including security, cleaning, gardening, repair and maintenance, and others to residential communities; presale services to property developers; and consultancy services to regional property companies. The company primarily operates in the PRC.

Executives

Tfi Securities And Futures Limited	2101 Beneficial owner
Fantasy Pearl International Limited	2201 Interest of corporation controlled by you
Ice Apex Limited	2201 Interest of corporation controlled by you
Fantasia Holdings Group Co., Limited	2101 Beneficial owner
Splendid Fortune Enterprise Limited	2101 Beneficial owner
Zeng Jie Baby	2201 Interest of corporation controlled by you
Colour Success Limited	2201 Interest of corporation controlled by you
Tang Xuebin	2101 Beneficial owner

Colour Life Services Group Co Headlines

No Headlines