Holly Futures Co (HKSE:03678) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Holly Futures 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. Holly Futures Co's Cost of Goods Sold for the three months ended in Dec. 2024 was HK$0 Mil. Holly Futures Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$302 Mil. Holly Futures Co's Inventory Turnover for the quarter that ended in Dec. 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. Holly Futures Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.33.

Holly Futures Co Inventory Turnover Historical Data

The historical data trend for Holly Futures 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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Holly Futures Co Inventory Turnover Chart

Holly Futures Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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30.22

7.09

132,048.92

28.37

11.35

Holly Futures Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Holly Futures Co Inventory Turnover Calculation

Holly Futures Co'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 )
=	2878.844	/ (	(70.022	+	437.346)	/	2 )
=	2878.844	/	253.684
=	11.35

Holly Futures Co'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0	/ (	(167.164	+	437.346)	/	2 )
=	0	/	302.255
=	0.00

Holly Futures Co (HKSE:03678) 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.

Holly Futures Co's Days Inventory for the three 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
	=	302.255	/	0	*	365 / 4
	=

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.

Holly Futures Co'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 )
	=	302.255	/	915.886
	=	0.33

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.

Holly Futures Co Inventory Turnover Related Terms

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Holly Futures Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Holly Futures Co Ltd (HKSE:03678) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

001236:China

Address

No. 399 Jiang Dong Zhong Road, Building 3, Jianye District, Jiangsu Province, Nanjing, CHN, 210019

Website

https://www.ftol.com.cn

Holly Futures Co Ltd is engaged in futures brokerage and asset management businesses. The company operates through two reporting segments: the Futures Brokerage and Asset Management segment, and the Commodity Trading and Risk Management segment. A majority of its revenue is generated from the Commodity Trading and Risk Management segment, which participates in providing bulk commodity purchase and resale, futures arbitrage, basis trading, and hedging services. The Futures Brokerage and Asset Management segment participates in the transactions of commodity futures and financial futures on behalf of customers and other related activities in capital markets. Geographically, the company generates maximum revenue from Mainland China, followed by Hong Kong.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Jiang Su Sheng Su Hao Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Shan You Xian Gong Si	2101 Beneficial owner
Huang Jieping	2201 Interest of corporation controlled by you
Shang Hai Tai He Yi Tian Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Zhong Shan Yi Gao Tou Zi Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Chang Hong Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

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