Atlinks Group (HKSE:08043) Inventory Turnover : 0.62 (As of Dec. 2023)

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What is Atlinks Group 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. Atlinks Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$45.1 Mil. Atlinks Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$72.3 Mil. Atlinks Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlinks Group's Days Inventory for the three months ended in Dec. 2023 was 146.26.

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. Atlinks Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.16.

Atlinks Group Inventory Turnover Historical Data

The historical data trend for Atlinks 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.

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Atlinks Group Inventory Turnover Chart

Atlinks Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.02

2.98

3.17

2.66

2.32

Atlinks Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.66	0.61	0.56	0.43	0.62

Atlinks Group Inventory Turnover Calculation

Atlinks Group'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 )
=	172.999	/ (	(76.922	+	72.324)	/	2 )
=	172.999	/	74.623
=	2.32

Atlinks Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	45.122	/ (	(0	+	72.324)	/	1 )
=	45.122	/	72.324
=	0.62

Atlinks Group (HKSE:08043) 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.

Atlinks Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	72.324	/	45.122	*	365 / 4
	=	146.26

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.

Atlinks Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	72.324	/	62.138
	=	1.16

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.

Atlinks Group Inventory Turnover Related Terms

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Atlinks Group (HKSE:08043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Atlinks Group Ltd (HKSE:08043) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lam Lok Street, Kowloon Bay, Unit 1818, 18/Floor, Nan Fung Commercial Centre,, Hong Kong, HKG

Website

https://www.atlinks.com

Atlinks Group Ltd is a home and office telecommunications product designing company. It sells its products through telecom operators, consumer retail chain stores, and distributors located mainly in Europe and Latin America. The company derives revenues principally from designing, developing, and selling home and office telecommunications products under the trademarks bearing the word Alcatel. Atlinks Group Ltd generates most of its geographical revenue from France.

Executives

Talent Ocean Holdings Limited	2201 Interest of corporation controlled by you
Ng Ching Yi Doris	2202 Interest of your spouse
Tong Chi Hoi	2201 Interest of corporation controlled by you
Chu Lam Fong	2201 Interest of corporation controlled by you
Eiffel Global Limited	2101 Beneficial owner
Long Hak Kan	2202 Interest of your spouse

Atlinks Group (HKSE:08043) Headlines

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