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GL-Carlink Technology Holding (HKSE:02531) Inventory Turnover : 22.08 (As of Dec. 2024)


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What is GL-Carlink Technology Holding 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. GL-Carlink Technology Holding's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$135.6 Mil. GL-Carlink Technology Holding's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$6.1 Mil. GL-Carlink Technology Holding's Inventory Turnover for the quarter that ended in Dec. 2024 was 22.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GL-Carlink Technology Holding's Days Inventory for the six months ended in Dec. 2024 was 8.27.

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. GL-Carlink Technology Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.


GL-Carlink Technology Holding Inventory Turnover Historical Data

The historical data trend for GL-Carlink Technology Holding'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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GL-Carlink Technology Holding Inventory Turnover Chart

GL-Carlink Technology Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory Turnover
19.70 17.39 24.65 37.56

GL-Carlink Technology Holding Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial - 9.58 16.45 15.27 22.08

GL-Carlink Technology Holding Inventory Turnover Calculation

GL-Carlink Technology Holding'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 )
=280.864 / ((10.932 + 4.022) / 2 )
=280.864 / 7.477
=37.56

GL-Carlink Technology Holding'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 )
=135.565 / ((8.26 + 4.022) / 2 )
=135.565 / 6.141
=22.08

* 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.


GL-Carlink Technology Holding  (HKSE:02531) 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.

GL-Carlink Technology Holding'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
=6.141/135.565*365 / 2
=8.27

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.

GL-Carlink Technology Holding'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 )
=6.141 / 418.511
=0.01

* 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.


GL-Carlink Technology Holding Inventory Turnover Related Terms

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GL-Carlink Technology Holding Business Description

Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, 14th Floor, Building 1, Chongwen Garden, Nanshan IPark, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
GL-Carlink Technology Holding Ltd is an in-vehicle hardware and SaaS marketing and management service provider for automotive aftermarket industry in China. It has a focus on (i) sales of in-vehicle hardware products; and (ii) provision of SaaS marketing and management services, covering SaaS subscription services and SaaS value-added services. Key revenue is generated from sales of in-vehicle hardware products.
Executives
Jiang Zhong Yong 2201 Interest of corporation controlled by you
Zhu Lei 2201 Interest of corporation controlled by you
Gao He Nan 2201 Interest of corporation controlled by you
Yan Tai Long He Tou Zi You Xian Gong Si 2101 Beneficial owner
Guang Xi Zi Mao Qu Huo Zhen Duo Wang Luo Ke Ji You Xian Gong Si 2106 Person having a security interest in shares
Ma An Shan Huai Xin Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Hu Guang Hui 2201 Interest of corporation controlled by you
Huaixin Co-stone Investment Limited 2101 Beneficial owner
Ma An Shan Shen Zhou Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Zhang Wei 2201 Interest of corporation controlled by you
Ji Shi Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Wu Lu Mu Qi Feng Huang Ji Shi Gu Quan Tou Zi Guan Li You Xian He Huo Qi Ye 2201 Interest of corporation controlled by you
Shang Hai Ke Shen Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Xi Zang Tian Ji Ji Shi Chuang Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hui 2201 Interest of corporation controlled by you

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