C&D Property Management Group Co (HKSE:02156) Inventory Turnover : 12.02 (As of Dec. 2023)

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What is C&D Property Management 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. C&D Property Management Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,692 Mil. C&D Property Management Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$141 Mil. C&D Property Management Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C&D Property Management Group Co's Days Inventory for the six months ended in Dec. 2023 was 15.19.

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. C&D Property Management Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

C&D Property Management Group Co Inventory Turnover Historical Data

The historical data trend for C&D Property Management 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.

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C&D Property Management Group Co Inventory Turnover Chart

C&D Property Management Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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248.41

290.71

162.90

66.11

60.12

C&D Property Management Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							77.28	55.67	37.41	8.08	12.02

C&D Property Management Group Co Inventory Turnover Calculation

C&D Property Management 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 )
=	2808.669	/ (	(44.224	+	49.211)	/	2 )
=	2808.669	/	46.7175
=	60.12

C&D Property Management Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1691.638	/ (	(232.357	+	49.211)	/	2 )
=	1691.638	/	140.784
=	12.02

C&D Property Management Group Co (HKSE:02156) 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.

C&D Property Management Group Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	140.784	/	1691.638	*	365 / 2
	=	15.19

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.

C&D Property Management Group Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	140.784	/	2402.296
	=	0.06

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.

C&D Property Management Group Co Inventory Turnover Related Terms

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C&D Property Management Group Co (HKSE:02156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » C&D Property Management Group Co Ltd (HKSE:02156) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1699 Huandao East Road, Unit 703, 7th Floor, C&D International Building, Xiamen, CHN

Website

http://www.cndservice.com

C&D Property Management Group Co Ltd is an investment holding company with its subsidiaries engaged in providing property management services, community and synergy services, and services to non-property owners in the People's Republic of China.

Executives

Sha Men Jian Fa Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jian Fa Fang Di Chan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Yi Neng Guo Ji You Xian Gong Si	2101 Beneficial owner
Yi Hong Guo Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Jian Fa Guo Ji Tou Zi Ji Tuan You Xian Gong Si	2501 Other
Sha Men Jian Fa Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Li Richard	2201 Interest of corporation controlled by you
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Krige Dawid	2201 Interest of corporation controlled by you
Bowie Krige Michelle Beatrice Wright	2201 Interest of corporation controlled by you

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