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Logory Logistics Technology Co (HKSE:02482) Inventory Turnover : 0.00 (As of Jun. 2024)


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What is Logory Logistics Technology Co 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. Logory Logistics Technology Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$0 Mil. Logory Logistics Technology Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$7 Mil. Logory Logistics Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.


Logory Logistics Technology Co Inventory Turnover Historical Data

The historical data trend for Logory Logistics Technology Co'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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Logory Logistics Technology Co Inventory Turnover Chart

Logory Logistics Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
4,883.73 7,280.49 3,203.71 2,000.60 1,682.70

Logory Logistics Technology Co Semi-Annual Data
Dec19 Dec20 Sep21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial - 584.75 - - -

Logory Logistics Technology Co Inventory Turnover Calculation

Logory Logistics Technology Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=5800.256 / ((2.695 + 4.199) / 2 )
=5800.256 / 3.447
=1,682.70

Logory Logistics Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=0 / ((4.199 + 9.023) / 2 )
=0 / 6.611
=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.


Logory Logistics Technology Co  (HKSE:02482) 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.

Logory Logistics Technology Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=6.611/0*365 / 2
=

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.

Logory Logistics Technology Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=6.611 / 0
=

* 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.


Logory Logistics Technology Co Inventory Turnover Related Terms

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Logory Logistics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2700 Chuangxin Avenue, High-tech District, Anhui Province, Hefei, CHN
Logory Logistics Technology Co Ltd is a full-link digital freight service provider in China. The company provides a series of digital freight services and solutions for all participants in the freight industry such as logistics companies and cargo owners, as well as truckers in both inter-city and intra-city road freight transportation.
Executives
Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Ye Sheng
Guo Tou Tai Kang Xin Tuo You Xian Gong Si 2301 Trustee
Ma Yi Ke Ji Ji Tuan Gu Fen You Xian Gong Si
Shang Hai Yun Xin Chuang Ye Tou Zi You Xian Gong Si

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