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Shi Shi Services (HKSE:08181) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is Shi Shi Services 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. Shi Shi Services's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$0.0 Mil. Shi Shi Services's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$0.0 Mil.

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.


Shi Shi Services Inventory Turnover Historical Data

The historical data trend for Shi Shi Services'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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Shi Shi Services Inventory Turnover Chart

Shi Shi Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
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Shi Shi Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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Shi Shi Services Inventory Turnover Calculation

Shi Shi Services's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=485.048 / ((0 + 0) / 1 )
=485.048 / 0
=N/A

Shi Shi Services's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Shi Shi Services  (HKSE:08181) 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.

Shi Shi Services's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/0*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.

Shi Shi Services's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0
=

* 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.


Shi Shi Services Inventory Turnover Related Terms

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Shi Shi Services Business Description

Traded in Other Exchanges
N/A
Address
51 Man Yue Street, Unit J, 6th Floor, Kaiser Estate, Phase 2, Hunghom, Kowloon, Hong Kong, HKG
Shi Shi Services Ltd is an investment holding company. The company's operating segments include the Provision of property management services, Properties investment and Money lending business. It generates maximum revenue from the Provision of the property management services segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in The People's Republic of China. The provision of property management services targets residential properties.
Executives
Heng Sheng Capital Limited 2101 Beneficial owner
H Family Company Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Huang Liming 2307 Founder of a discretionary trust who can infl
Li Mengya 2202 Interest of your spouse
Chan Yuk Fan 2202 Interest of your spouse
Ho Ying Choi 2106 Person having a security interest in shares

Shi Shi Services Headlines

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