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Star Plus Legend Holdings (HKSE:06683) Inventory Turnover : 5.14 (As of Dec. 2024)


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What is Star Plus Legend 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. Star Plus Legend Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$132.8 Mil. Star Plus Legend Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$25.8 Mil. Star Plus Legend Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Star Plus Legend Holdings's Days Inventory for the six months ended in Dec. 2024 was 35.48.

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. Star Plus Legend Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.


Star Plus Legend Holdings Inventory Turnover Historical Data

The historical data trend for Star Plus Legend 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.

* Premium members only.

Star Plus Legend Holdings Inventory Turnover Chart

Star Plus Legend Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 11.59 5.77 4.36 6.17 10.90

Star Plus Legend Holdings Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 2.45 2.28 4.47 6.19 5.14

Star Plus Legend Holdings Inventory Turnover Calculation

Star Plus Legend Holdings'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 )
=274.384 / ((22.403 + 27.924) / 2 )
=274.384 / 25.1635
=10.90

Star Plus Legend Holdings'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 )
=132.817 / ((23.725 + 27.924) / 2 )
=132.817 / 25.8245
=5.14

* 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.


Star Plus Legend Holdings  (HKSE:06683) 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.

Star Plus Legend Holdings'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
=25.8245/132.817*365 / 2
=35.48

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.

Star Plus Legend Holdings'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 )
=25.8245 / 338.947
=0.08

* 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.


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.


Star Plus Legend Holdings Inventory Turnover Related Terms

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Star Plus Legend Holdings Business Description

Traded in Other Exchanges
N/A
Address
68 Jinjie Road, 2/F, Block 1, Dream Star Garden, Huaqiao Town, Kunshan, CHN
Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company develops and sells health management products and skincare products. It has two segments, namely the new retail segment, which develops and sells health management and skincare products through various online and offline channels; and the IP creation and operation segment, where the Group creates and manages celebrity IPs, provides planning and management services to the production of media contents and events and licenses its celebrity IPs and sells related products. The majority of revenue is derived from the new retail business.
Executives
Chen Chung 2501 Other
Ma Hsin-ting 2501 Other
Yang Chun-jung 2501 Other
Yeh Hui-mei 2501 Other
Lai Kwok Fai Franki 2101 Beneficial owner
Zhang Yuan 2201 Interest of corporation controlled by you
Harmony Culture Investment Limited 2101 Beneficial owner
Legend Key International Limited 2101 Beneficial owner
Max One Ltd. 2101 Beneficial owner
Loo See Yuen 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you

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