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ManpowerGroup Greater China (HKSE:02180) Inventory Turnover : 0.00 (As of Dec. 2024)


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What is ManpowerGroup Greater China 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. ManpowerGroup Greater China's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$3,192 Mil. ManpowerGroup Greater China's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ManpowerGroup Greater China's Days Inventory for the six months ended in Dec. 2024 was 0.00.

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. ManpowerGroup Greater China's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

ManpowerGroup Greater China Inventory Turnover Historical Data

The historical data trend for ManpowerGroup Greater China'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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ManpowerGroup Greater China Inventory Turnover Chart

ManpowerGroup Greater China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
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ManpowerGroup Greater China Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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ManpowerGroup Greater China Inventory Turnover Calculation

ManpowerGroup Greater China'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 )
=6039.725 / ((0 + 0) / 1 )
=6039.725 / 0
=N/A

ManpowerGroup Greater China'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 )
=3192.106 / ((0 + 0) / 1 )
=3192.106 / 0
=N/A

* 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.

ManpowerGroup Greater China  (HKSE:02180) 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.

ManpowerGroup Greater China'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
=0/3192.106*365 / 2
=0.00

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.

ManpowerGroup Greater China'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 )
=0 / 3546.897
=0.00

* 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.

ManpowerGroup Greater China Inventory Turnover Related Terms

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ManpowerGroup Greater China Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ManpowerGroup Greater China Ltd (HKSE:02180) » Definitions » Inventory Turnover
Comparable Companies
HKSE:06919 HKSE:02293 HKSE:06100 HKSE:08031 HKSE:08462 HKSE:08042 HKSE:08293 XAMS:RAND RHI XSWX:ADEN TSE:2181 TNET KFY NSP TSE:6028 MAN SHSE:600861 TSE:9744 LSE:HAS WAR:GPP
Traded in Other Exchanges
N/A
Address
No. 999, Pudong Road (S), 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
Website
https://www.manpowergrc.com
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China.
Executives
Bang Mai Xiang Gang You Xian Gong Si 2101 Beneficial owner
Fang Yong Zhong 2201 Interest of corporation controlled by you
Bei Jing Bang Mai Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Feng Hui Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Citic Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cm Phoenix Tree Limited 2101 Beneficial owner
Cm Phoenix Tree Ii Limited 2201 Interest of corporation controlled by you
Citicpe Holdings Limited 2201 Interest of corporation controlled by you
Citic Pe Funds Ii Limited 2201 Interest of corporation controlled by you
Manpower Nominees Inc. 2101 Beneficial owner

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