Gogox Holdings (HKSE:02246) Inventory Turnover : 0.00 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Gogox 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. Gogox Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$245.5 Mil. Gogox Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gogox Holdings'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. Gogox Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Gogox Holdings Inventory Turnover Historical Data

The historical data trend for Gogox 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.

Gogox Holdings Inventory Turnover Chart

Gogox Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

Gogox Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial						-	-	-	-	-

Gogox Holdings Inventory Turnover Calculation

Gogox 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 )
=	471.283	/ (	(0	+	0)	/	1 )
=	471.283	/	0
=	N/A

Gogox 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 )
=	245.522	/ (	(0	+	0)	/	1 )
=	245.522	/	0
=	N/A

Gogox Holdings (HKSE:02246) 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.

Gogox 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
	=	0	/	245.522	*	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.

Gogox 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 )
	=	0	/	358.664
	=	0.00

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.

Gogox Holdings Inventory Turnover Related Terms

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

Gogox Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gogox Holdings Ltd (HKSE:02246) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7 Rongyuan Road, Room 212, Building C, Kaide Building Complex, Huayuan Industrial Park, Binhai Hi-tech Zone, Tianjin, CHN

Website

https://www.gogoxholdings.com

Gogox Holdings Ltd is an online platform for intra-city logistics services in Asia. The company operates two brands in this space, namely Kuaigou Dache in mainland China and GOGOX in other Asian countries and regions. The company's reportable segments are divided into Chinese mainland operations, and Hong Kong and overseas operations.

Executives

Credit Suisse Trust Limited	2301 Trustee
Xinyi Limited	2201 Interest of corporation controlled by you
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2101 Beneficial owner
Taobao Holding Limited	2201 Interest of corporation controlled by you
58.com Inc.	2101 Beneficial owner
Nihao China Corporation	2201 Interest of corporation controlled by you
Nihao Haven Corporation	2201 Interest of corporation controlled by you
Quantum Bloom Group Ltd.	2201 Interest of corporation controlled by you
Yao Jinbo	2201 Interest of corporation controlled by you
Chen Xiaohua	2201 Interest of corporation controlled by you
58 Daojia Inc.	2101 Beneficial owner
Gogo Tech Holdings Limited	2101 Beneficial owner

Gogox Holdings Headlines

No Headlines