Cabbeen Fashion (HKSE:02030) Inventory Turnover : 1.14 (As of Dec. 2024)

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What is Cabbeen Fashion 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. Cabbeen Fashion's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$325 Mil. Cabbeen Fashion's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$285 Mil. Cabbeen Fashion's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cabbeen Fashion's Days Inventory for the six months ended in Dec. 2024 was 159.92.

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. Cabbeen Fashion's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.50.

Cabbeen Fashion Inventory Turnover Historical Data

The historical data trend for Cabbeen Fashion'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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Cabbeen Fashion Inventory Turnover Chart

Cabbeen Fashion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.82

1.64

1.41

1.98

1.95

Cabbeen Fashion 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															0.87	0.90	1.25	0.98	1.14

Cabbeen Fashion Inventory Turnover Calculation

Cabbeen Fashion'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 )
=	611.449	/ (	(321.328	+	305.648)	/	2 )
=	611.449	/	313.488
=	1.95

Cabbeen Fashion'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 )
=	325.349	/ (	(264.531	+	305.648)	/	2 )
=	325.349	/	285.0895
=	1.14

Cabbeen Fashion (HKSE:02030) 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.

Cabbeen Fashion'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
	=	285.0895	/	325.349	*	365 / 2
	=	159.92

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.

Cabbeen Fashion'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 )
	=	285.0895	/	565.289
	=	0.50

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.

Cabbeen Fashion Inventory Turnover Related Terms

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Cabbeen Fashion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cabbeen Fashion Ltd (HKSE:02030) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 8 Kai Tai Da Road, 9th Floor, Block C, Huang Pu District, Guangzhou, CHN, 510700

Website

https://www.cabbeen.com

Cabbeen Fashion Ltd is a Chinese designer brand. The company designs and sells apparel for men, women, and children under four brands, namely, Cabbeen, Cabbeen Urban, Cabbeen Love, and 2AM. Its retail network covers 31 provinces, autonomous regions, municipalities, and several online platforms in the People's Republic of China. The Company operates in a single business segment namely manufacturing and sale of apparel and related accessories in the PRC. The company is also engaged in the e-commerce business.

Executives

Acute Result Holdings Limited	2101 Beneficial owner
Ke Liting	2202 Interest of your spouse
Yang Ziming	2201 Interest of corporation controlled by you

Cabbeen Fashion Headlines

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