AustAsia Group (HKSE:02425) Inventory Turnover : 1.23 (As of Dec. 2024)

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What is AustAsia Group 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. AustAsia Group's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,977 Mil. AustAsia Group's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$1,602 Mil. AustAsia Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AustAsia Group's Days Inventory for the six months ended in Dec. 2024 was 147.90.

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. AustAsia Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.71.

AustAsia Group Inventory Turnover Historical Data

The historical data trend for AustAsia Group'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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AustAsia Group Inventory Turnover Chart

AustAsia Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.26

3.01

2.40

2.20

2.13

AustAsia Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					1.37	1.19	1.29	1.11	1.23

AustAsia Group Inventory Turnover Calculation

AustAsia Group'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 )
=	3914.985	/ (	(1995.145	+	1677.097)	/	2 )
=	3914.985	/	1836.121
=	2.13

AustAsia Group'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 )
=	1977.193	/ (	(1527.551	+	1677.097)	/	2 )
=	1977.193	/	1602.324
=	1.23

AustAsia Group (HKSE:02425) 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.

AustAsia Group'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
	=	1602.324	/	1977.193	*	365 / 2
	=	147.90

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.

AustAsia Group'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 )
	=	1602.324	/	2267.602
	=	0.71

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.

AustAsia Group Inventory Turnover Related Terms

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AustAsia Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AustAsia Group Ltd (HKSE:02425) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

400 Orchard Road, No. 15-08, Orchard Towers, Singapore, SGP, 238875

Website

https://www.austasiadairy.com

AustAsia Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the production and sales of raw milk, beef cattle, and feed products, and distribution and sales of milk products in the People's Republic of China. The company's reportable operating segments are; the raw milk business for the production and sales of raw milk; the beef cattle business for raising and sales of beef cattle; and the ancillary business for sales of milk products, feed products, and others. Maximum revenue for the company is generated from its Raw milk segment. Geographically, the company derives its revenue from Mainland China.

Executives

Santosa Gabriella	2501 Other
Fusion Investment Holdings Limited	2201 Interest of corporation controlled by you
Rangi Management Limited	2501 Other
Meiji (china) Inevestment Company, Limited.	2101 Beneficial owner
Santosa Renaldo	2501 Other
Kolonas Rachel Anastasia	2307 Founder of a discretionary trust who can infl
Morze International Limited	2101 Beneficial owner
Hall Martin John	2201 Interest of corporation controlled by you
Highvern Trustees Limited	2501 Other
Mnm Holdings Limited	2201 Interest of corporation controlled by you
Rive Naomi Julia	2201 Interest of corporation controlled by you

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