Directel Holdings (HKSE:08337) Inventory Turnover : 29.71 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Directel 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. Directel Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$41.7 Mil. Directel Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1.4 Mil. Directel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 29.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Directel Holdings's Days Inventory for the three months ended in Dec. 2023 was 3.07.

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. Directel Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Directel Holdings Inventory Turnover Historical Data

The historical data trend for Directel 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.

* Premium members only.

Directel Holdings Inventory Turnover Chart

Directel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

81.13

152.44

252.06

90.46

76.97

Directel Holdings 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															11.30	12.94	19.50	13.13	29.71

Directel Holdings Inventory Turnover Calculation

Directel 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 )
=	146.317	/ (	(2.397	+	1.405)	/	2 )
=	146.317	/	1.901
=	76.97

Directel Holdings'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 )
=	41.74	/ (	(0	+	1.405)	/	1 )
=	41.74	/	1.405
=	29.71

Directel Holdings (HKSE:08337) 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.

Directel Holdings'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
	=	1.405	/	41.74	*	365 / 4
	=	3.07

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.

Directel Holdings'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 )
	=	1.405	/	43.694
	=	0.03

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.

Directel Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Directel Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Directel Holdings (HKSE:08337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Directel Holdings Ltd (HKSE:08337) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188 Connaught Road West, Office Nos.1,2,14 and 15, 37th Floor, Hong Kong Plaza, Hong Kong, HKG

Website

https://www.directel.hk

Directel Holdings Ltd is engaged in the provision of mobile telecommunications services and value-added services. It provides wholesale distribution business services for telecom terminals such as handsets and walkie-talkies, as well as data traffic top-up services for China and Singapore operators. The company has two operating segments: Telecommunications services; and Distribution business Distribution of mobile phones and electronic products and distribution of mobile and data top-up e-vouchers. Geographically, it operates in Hong Kong, Mainland China, and Singapore. It generates a vast majority of revenue from the distribution business in Hong Kong.

Directel Holdings (HKSE:08337) Headlines

No Headlines