Citic Telecom International Holdings (HKSE:01883) Inventory Turnover : 13.92 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Citic Telecom International 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. Citic Telecom International Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$2,944 Mil. Citic Telecom International Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$212 Mil. Citic Telecom International Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 13.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Citic Telecom International Holdings's Days Inventory for the six months ended in Dec. 2024 was 13.11.

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. Citic Telecom International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.05.

Citic Telecom International Holdings Inventory Turnover Historical Data

The historical data trend for Citic Telecom International 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.

* Premium members only.

Citic Telecom International Holdings Inventory Turnover Chart

Citic Telecom International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

49.17

66.57

49.15

61.22

27.88

Citic Telecom International 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															30.54	34.71	54.96	58.63	13.92

Citic Telecom International Holdings Inventory Turnover Calculation

Citic Telecom International 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 )
=	6022	/ (	(57	+	375)	/	2 )
=	6022	/	216
=	27.88

Citic Telecom International 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 )
=	2944	/ (	(48	+	375)	/	2 )
=	2944	/	211.5
=	13.92

Citic Telecom International Holdings (HKSE:01883) 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.

Citic Telecom International 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
	=	211.5	/	2944	*	365 / 2
	=	13.11

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.

Citic Telecom International 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 )
	=	211.5	/	4684
	=	0.05

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.

Citic Telecom International Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Citic Telecom International Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Citic Telecom International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Citic Telecom International Holdings Ltd (HKSE:01883) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

B7O:Germany

Address

93 Kwai Fuk Road, 25th Floor, CITIC Telecom Tower, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.citictel.com

Citic Telecom International Holdings Ltd is a telecommunications company that generates revenue from mobile phones, Internet services, international telecommunications, enterprise solutions, fixed-line services, and the sale of equipment and mobile handsets. Enterprise services involve delivering information and communication technologies to businesses. This division plays a important role in the overall revenue of the company. The company operates in Hong Kong, Macau, Singapore, and other regions. It earns the majority of its revenue in Macau and owns telecommunications infrastructure.

Executives

Citic Group Corporation	2201 Interest of corporation controlled by you
Citic Limited	2201 Interest of corporation controlled by you

Citic Telecom International Holdings Headlines

No Headlines