Global Link Communications Holdings (HKSE:08060) Inventory Turnover : 4.77 (As of Sep. 2023)

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What is Global Link Communications 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. Global Link Communications Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$32.5 Mil. Global Link Communications Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$6.8 Mil. Global Link Communications Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Link Communications Holdings's Days Inventory for the three months ended in Sep. 2023 was 19.13.

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. Global Link Communications Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.19.

Global Link Communications Holdings Inventory Turnover Historical Data

The historical data trend for Global Link Communications 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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Global Link Communications Holdings Inventory Turnover Chart

Global Link Communications Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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47.79

35.38

38.89

77.41

73.70

Global Link Communications Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															9.46	10.27	36.06	26.82	4.77

Global Link Communications Holdings Inventory Turnover Calculation

Global Link Communications Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	133.546	/ (	(2.626	+	0.998)	/	2 )
=	133.546	/	1.812
=	73.70

Global Link Communications Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	32.543	/ (	(0	+	6.821)	/	1 )
=	32.543	/	6.821
=	4.77

Global Link Communications Holdings (HKSE:08060) 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.

Global Link Communications Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	6.821	/	32.543	*	365 / 4
	=	19.13

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.

Global Link Communications Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	6.821	/	36.782
	=	0.19

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.

Global Link Communications Holdings Inventory Turnover Related Terms

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Global Link Communications Holdings (HKSE:08060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Link Communications Holdings Ltd (HKSE:08060) » Definitions » Inventory Turnover

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Address

188 Connaught Road West, Room 3815, Hong Kong Plaza, Hong Kong, HKG

Website

http://www.glink.hk

Global Link Communications Holdings Ltd is engaged in the supply, development, and integration of passenger information management systems. It offers certified and licensed train information system products, such as media broadcast systems, railway broadcast systems, and LCD passenger information display systems. It also provides urban rail transit operators with technical support and operation maintenance services in China. Geographically it operates through PRC and Hong Kong. and its revenue comes from PRC.

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