GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kwung's Aroma Holdings Ltd (HKSE:01925) » Definitions » Inventory Turnover

Kwung's Aroma Holdings (HKSE:01925) Inventory Turnover : 4.05 (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Kwung's Aroma 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. Kwung's Aroma Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$560 Mil. Kwung's Aroma Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$138 Mil. Kwung's Aroma Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kwung's Aroma Holdings's Days Inventory for the six months ended in Dec. 2024 was 45.05.

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. Kwung's Aroma Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.19.


Kwung's Aroma Holdings Inventory Turnover Historical Data

The historical data trend for Kwung's Aroma 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.

Kwung's Aroma Holdings Inventory Turnover Chart

Kwung's Aroma Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 7.66 7.14 7.11 9.47 9.06

Kwung's Aroma Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.49 2.79 4.82 2.24 4.05

Kwung's Aroma Holdings Inventory Turnover Calculation

Kwung's Aroma 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 )
=829.607 / ((75.091 + 108.137) / 2 )
=829.607 / 91.614
=9.06

Kwung's Aroma 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 )
=559.806 / ((168.234 + 108.137) / 2 )
=559.806 / 138.1855
=4.05

* 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.


Kwung's Aroma Holdings  (HKSE:01925) 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.

Kwung's Aroma 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
=138.1855/559.806*365 / 2
=45.05

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.

Kwung's Aroma 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 )
=138.1855 / 712.152
=0.19

* 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.


Kwung's Aroma Holdings Inventory Turnover Related Terms

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


Kwung's Aroma Holdings Business Description

Traded in Other Exchanges
N/A
Address
827 Qixiang Road, Zhejiang Province, Haishu District, Ningbo, CHN
Kwung's Aroma Holdings Ltd is engaged in design and manufacture of home decoration products and home fragrance products, comprising core products such as home fragrance candles and home fragrance diffusers, which are considered to be widely used in people's daily life.
Executives
Dma Limited 2101 Beneficial owner
Ru Liming 2201 Interest of corporation controlled by you
Jin Jianxin 2307 Founder of a discretionary trust who can infl
Golden Element Investment Limited 2101 Beneficial owner
Equiom Fiduciary Services (hong Kong) Limited 2301 Trustee
Golden Existence Investment Limited 2201 Interest of corporation controlled by you
Chen Jiangyan 2202 Interest of your spouse
Jin Jianxin 2307 Founder of a discretionary trust who can infl
King Harmony Limited 2201 Interest of corporation controlled by you
Industrial Securities (hong Kong) Financial Holdings Limited 2201 Interest of corporation controlled by you

Kwung's Aroma Holdings Headlines

No Headlines