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Zhejiang United Investment Holdings Group (HKSE:08366) Inventory Turnover : 0.00 (As of Oct. 2023)


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What is Zhejiang United Investment Holdings 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. Zhejiang United Investment Holdings Group's Cost of Goods Sold for the three months ended in Oct. 2023 was HK$76.7 Mil. Zhejiang United Investment Holdings Group's Average Total Inventories for the quarter that ended in Oct. 2023 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang United Investment Holdings Group's Days Inventory for the three months ended in Oct. 2023 was 0.00.

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. Zhejiang United Investment Holdings Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.

Zhejiang United Investment Holdings Group Inventory Turnover Historical Data

The historical data trend for Zhejiang United Investment Holdings 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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Zhejiang United Investment Holdings Group Inventory Turnover Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
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Zhejiang United Investment Holdings Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Zhejiang United Investment Holdings Group Inventory Turnover Calculation

Zhejiang United Investment Holdings Group's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=195.26 / ((0 + 0) / 1 )
=195.26 / 0
=N/A

Zhejiang United Investment Holdings Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=76.732 / ((0 + 0) / 1 )
=76.732 / 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.

Zhejiang United Investment Holdings Group  (HKSE:08366) 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.

Zhejiang United Investment Holdings Group's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=0/76.732*365 / 4
=0.00

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.

Zhejiang United Investment Holdings Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0 / 78.142
=0.00

* 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.

Zhejiang United Investment Holdings Group Inventory Turnover Related Terms

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Zhejiang United Investment Holdings Group (HKSE:08366) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang United Investment Holdings Group Ltd (HKSE:08366) » Definitions » Inventory Turnover
Comparable Companies
HKSE:08321 HKSE:08188 HKSE:01495 HKSE:02113 HKSE:08532 HKSE:08423 HKSE:06080 HKSE:08616 HKSE:08619 HKSE:08217 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Website
http://www.zjuv8366.com
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise of the general construction of buildings.
Executives
Zhang Yan 2101 Beneficial owner
Albert Yeung Capital Holdings Limited 2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag 2301 Trustee
Emperor Capital Group Limited 2201 Interest of corporation controlled by you
Emperor Securities Limited 2101 Beneficial owner
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Zhang Yan 2101 Beneficial owner
United Financial Holdings Group Limited 2101 Beneficial owner
Zhou Ying 2201 Interest of corporation controlled by you
Century Investment Holdings Limited 2201 Interest of corporation controlled by you

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