MTT Group Holdings (HKSE:02350) Inventory Turnover : 10.87 (As of Sep. 2024)

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What is MTT Group 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. MTT Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$198.7 Mil. MTT Group Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$18.3 Mil. MTT Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTT Group Holdings's Days Inventory for the six months ended in Sep. 2024 was 16.79.

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. MTT Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.08.

MTT Group Holdings Inventory Turnover Historical Data

The historical data trend for MTT Group 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.

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MTT Group Holdings Inventory Turnover Chart

MTT Group Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

14.48

21.59

40.31

35.13

29.65

MTT Group Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial				17.82	14.24	16.85	13.04	10.87

MTT Group Holdings Inventory Turnover Calculation

MTT Group Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	557.099	/ (	(19.811	+	17.762)	/	2 )
=	557.099	/	18.7865
=	29.65

MTT Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	198.745	/ (	(17.762	+	18.813)	/	2 )
=	198.745	/	18.2875
=	10.87

MTT Group Holdings (HKSE:02350) 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.

MTT Group Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	18.2875	/	198.745	*	365 / 2
	=	16.79

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.

MTT Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	18.2875	/	220.276
	=	0.08

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.

MTT Group Holdings Inventory Turnover Related Terms

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MTT Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MTT Group Holdings Ltd (HKSE:02350) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 How Ming Street, 8th Floor, Kwok Kee Group Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.mttgholdings.com

MTT Group Holdings Ltd is engaged in the provision of information technology (IT) solutions. The Company operates through two segments. The Distribution Business segment is principally engaged in the distribution of software and hardware for IT unified communications, network infrastructure, system integration, and data center as well as security solutions. The System Integration Solution Business segment is principally engaged in the provision of IT infrastructure solutions services such as evaluation, consulting and advice, IT product procurement, technology implementation and integration, performance testing, user acceptance testing, and system roll-out as well as others.

Executives

Ip Group Holdings Limited	2101 Beneficial owner
Ip Ka Wai Charlie	2201 Interest of corporation controlled by you
Wong Pui Man	2202 Interest of your spouse
Liu Ka Shing Clement	2101 Beneficial owner
Ipw Group Holdings Limited	2101 Beneficial owner

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