Janco Holdings (HKSE:08035) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Janco 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. Janco Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.0 Mil. Janco Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0.7 Mil. Janco Holdings'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.

Janco Holdings Inventory Turnover Historical Data

The historical data trend for Janco 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.

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Janco Holdings Inventory Turnover Chart

Janco Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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950.38

1,207.95

1,186.98

278.32

266.07

Janco Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	72.79	-	-

Janco Holdings Inventory Turnover Calculation

Janco Holdings'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 )
=	238.517	/ (	(0	+	0.857)	/	1 )
=	238.517	/	0.857
=	278.32

Janco Holdings'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	/ (	(0.857	+	0.536)	/	2 )
=	0	/	0.6965
=	0.00

Janco Holdings (HKSE:08035) 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.

Janco Holdings's Days Inventory for the three 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
	=	0.6965	/	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.

Janco Holdings'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 )
	=	0.6965	/	0
	=

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.

Janco Holdings Inventory Turnover Related Terms

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Janco Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janco Holdings Ltd (HKSE:08035) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 223 Wai Yip Street, Unit 1608, 16th Floor, Tower A, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.jancofreight.com

Janco Holdings Ltd is a freight forwarding and logistics service provider. The company's operating segments are Freight forwarding which includes the provision of air freight and ocean freight forwarding services; Logistics and warehousing includes the provision of warehousing and other ancillary logistics services; and E-Commerce deals in the trading of electronic products through an online platform, It generates a majority of its revenue from Freight forwarding segment. The group's operations are located in Hong Kong.

Executives

Million Venture Holdings Limited	2101 Beneficial owner
Cheng Hon Yat	2202 Interest of your spouse
Tai Choi Wan Noel	2201 Interest of corporation controlled by you
Chan Chun Shing Otto	2101 Beneficial owner

Janco Holdings Headlines

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