Heng Hup Holdings (HKSE:01891) Inventory Turnover : 12.71 (As of Dec. 2024)

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What is Heng Hup 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. Heng Hup Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,355 Mil. Heng Hup Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$107 Mil. Heng Hup Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 12.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heng Hup Holdings's Days Inventory for the six months ended in Dec. 2024 was 14.36.

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. Heng Hup Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.

Heng Hup Holdings Inventory Turnover Historical Data

The historical data trend for Heng Hup 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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Heng Hup Holdings Inventory Turnover Chart

Heng Hup Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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30.35

29.12

24.79

21.16

26.03

Heng Hup Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial												10.06	11.19	12.68	11.60	12.71

Heng Hup Holdings Inventory Turnover Calculation

Heng Hup 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 )
=	2756.314	/ (	(114.049	+	97.698)	/	2 )
=	2756.314	/	105.8735
=	26.03

Heng Hup 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 )
=	1355.385	/ (	(115.622	+	97.698)	/	2 )
=	1355.385	/	106.66
=	12.71

Heng Hup Holdings (HKSE:01891) 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.

Heng Hup 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
	=	106.66	/	1355.385	*	365 / 2
	=	14.36

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.

Heng Hup 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 )
	=	106.66	/	1467.27
	=	0.07

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.

Heng Hup Holdings Inventory Turnover Related Terms

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Heng Hup Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-10-09, Oasis Square, Jalan PJU 1A/7A, Ara Damansara, Petaling Jaya, SGR, MYS, 47301

Website

https://www.henghup.com

Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading scrap ferrous metals, used batteries, waste paper, Iron Ore, and other scraps. Its only operating segment is the trading of recycling materials. Geographically, it derives revenue from Malaysia.

Executives

Juan Sook Fong	2202 Interest of your spouse
Koo Lee Ching	2202 Interest of your spouse
Loh Hui Mei	2202 Interest of your spouse
Peong Ai Teen	2202 Interest of your spouse
Sia Keng Leong	2201 Interest of corporation controlled by you
Sia Kok Chin	2201 Interest of corporation controlled by you
Sia Kok Chong	2201 Interest of corporation controlled by you
Sia Kok Heong	2201 Interest of corporation controlled by you
Sia Kok Seng	2201 Interest of corporation controlled by you
Yang Mei Feng	2202 Interest of your spouse
5s Holdings (bvi) Limited	2101 Beneficial owner
Poon Ka Ho Stanley

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