SMIT Holdings (HKSE:02239) Inventory Turnover: 1.04 (As of Jun. 2026)

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HKSE:02239 SMIT Holdings Ltd HKSE:02239
40 GF Score
Price HK$1.25
GF Value HK$0.99
Valuation Modestly Overvalued
! 5 Warning Signs
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What is SMIT Holdings Inventory Turnover?

SMIT Holdings HKSE:02239 -3.85% 40 Inventory Turnover is 1.04 as of Jun. 2026. GuruFocus rates HKSE:02239 with a GF Score™ of 40/100 and a GF Value™ of HK$0.99 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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. SMIT Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$34.9 Mil. SMIT Holdings's Average Total Inventories for the quarter that ended in Jun. 2026 was HK$33.7 Mil. SMIT Holdings's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SMIT Holdings's Days Inventory for the six months ended in Jun. 2026 was 176.29.

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. SMIT Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.50.


SMIT Holdings  (HKSE:02239) 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.

SMIT Holdings's Days Inventory for the six months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=33.669139678875/34.855559171048*365 / 2
=176.29

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.

SMIT Holdings's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=33.669139678875 / 67.820818808044
=0.50

* 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.


SMIT Holdings Inventory Turnover Related Terms


SMIT Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SMIT 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.

SMIT Holdings Inventory Turnover Chart

SMIT Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 5.79 4.43 3.12 2.07

SMIT Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.40 0.85 1.06 1.04
HKSE:02239
40GF Score
SMIT Holdings Ltd HKSE:02239
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SMIT Holdings Inventory Turnover Calculation

SMIT Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=60.665539524183 / ((27.3924172671 + 31.1302405695) / 2 )
=60.665539524183 / 29.2613289183
=2.07

SMIT Holdings's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count )
=34.855559171048 / ((31.1302405695 + 36.20803878825) / 2 )
=34.855559171048 / 33.669139678875
=1.04

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.04 mean?
SMIT Holdings (HKSE:02239) has a Inventory Turnover of 1.04 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SMIT Holdings and its competitors.
Is SMIT Holdings' Inventory Turnover too high?
SMIT Holdings' current Inventory Turnover is 1.04. Overall, SMIT Holdings has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMIT Holdings' Inventory Turnover compare to NVDA and AVGO?
SMIT Holdings' Inventory Turnover of 1.04 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Semiconductors company?
A good Inventory Turnover depends on the Semiconductors industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SMIT Holdings and its competitors. SMIT Holdings's current Inventory Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIT Holdings stock overvalued right now?
Based on GuruFocus' analysis, SMIT Holdings (HKSE:02239) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.99, compared to a current price of HK$1.25 — trading 26.3% above its estimated fair value. The current Inventory Turnover is 1.04. SMIT Holdings' overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For SMIT Holdings (HKSE:02239), the current Inventory Turnover is 1.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SMIT Holdings (HKSE:02239) Overvalued in 2026?

Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued. The current stock price of HK$1.25 is trading 26.3% above its estimated GF Value™ of HK$0.99. GuruFocus considers SMIT Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:02239:

  • Inventory Turnover: 1.04
  • GF Value™: HK$0.99 vs. price of HK$1.25 (26.3% above fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMIT Holdings Business Description

Address 26 Harbour Road, Room 4202-04, 42nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
40GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.25
Price
HK$0.99
GF Value