Kwong Man Kee Group (HKSE:08023) Inventory Turnover: 3.21 (As of Mar. 2026)

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HKSE:08023 Kwong Man Kee Group Ltd HKSE:08023
57 GF Score
Price HK$0.31
GF Value HK$0.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kwong Man Kee Group Inventory Turnover?

Kwong Man Kee Group HKSE:08023 +1.64% 57 Inventory Turnover is 3.21 as of Mar. 2026. GuruFocus rates HKSE:08023 with a GF Score™ of 57/100 and a GF Value™ of HK$0.35 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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. Kwong Man Kee Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$58.5 Mil. Kwong Man Kee Group's Average Total Inventories for the quarter that ended in Mar. 2026 was HK$18.2 Mil. Kwong Man Kee Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kwong Man Kee Group's Days Inventory for the six months ended in Mar. 2026 was 56.90.

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. Kwong Man Kee Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.22.


Kwong Man Kee Group  (HKSE:08023) 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.

Kwong Man Kee Group's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=18.227/58.456*365 / 2
=56.90

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.

Kwong Man Kee Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=18.227 / 84.316
=0.22

* 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.


Kwong Man Kee Group Inventory Turnover Related Terms


Kwong Man Kee Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kwong Man Kee 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.

Kwong Man Kee Group Inventory Turnover Chart

Kwong Man Kee Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 5.78 6.63 7.48 6.90

Kwong Man Kee Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 2.75 3.25 2.83 3.21
HKSE:08023
57GF Score
Kwong Man Kee Group Ltd HKSE:08023
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kwong Man Kee Group Inventory Turnover Calculation

Kwong Man Kee Group's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=112.183 / ((17.029 + 15.468) / 2 )
=112.183 / 16.2485
=6.90

Kwong Man Kee Group's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=58.456 / ((20.986 + 15.468) / 2 )
=58.456 / 18.227
=3.21

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 3.21 mean?
Kwong Man Kee Group (HKSE:08023) has a Inventory Turnover of 3.21 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kwong Man Kee Group and its competitors.
Is Kwong Man Kee Group's Inventory Turnover too high?
Kwong Man Kee Group's current Inventory Turnover is 3.21. Overall, Kwong Man Kee Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Man Kee Group's Inventory Turnover compare to PWR and FIX?
Kwong Man Kee Group's Inventory Turnover of 3.21 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Construction company?
A good Inventory Turnover depends on the Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kwong Man Kee Group and its competitors. Kwong Man Kee Group's current Inventory Turnover is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Man Kee Group stock overvalued right now?
Based on GuruFocus' analysis, Kwong Man Kee Group (HKSE:08023) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.31 — trading 11.4% below its estimated fair value. The current Inventory Turnover is 3.21. Kwong Man Kee Group's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Kwong Man Kee Group (HKSE:08023), the current Inventory Turnover is 3.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kwong Man Kee Group (HKSE:08023) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Man Kee Group stock appears to be undervalued. The current stock price of HK$0.31 is trading 11.4% below its estimated GF Value™ of HK$0.35. GuruFocus considers Kwong Man Kee Group to be Modestly Undervalued.

Key valuation signals for HKSE:08023:

  • Inventory Turnover: 3.21
  • GF Value™: HK$0.35 vs. price of HK$0.31 (11.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Man Kee Group Business Description

Address 91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG
Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.
57GF Score

Get the complete analysis for HKSE:08023

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.31
Price
HK$0.35
GF Value