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Prosperous Printing Co (HKSE:08385) Inventory Turnover : 0.00 (As of Dec. 2024)


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What is Prosperous Printing Co 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. Prosperous Printing Co's Cost of Goods Sold for the three months ended in Dec. 2024 was HK$0.00 Mil. Prosperous Printing Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.00 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.


Prosperous Printing Co Inventory Turnover Historical Data

The historical data trend for Prosperous Printing Co'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.

Prosperous Printing Co Inventory Turnover Chart

Prosperous Printing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 5.30 4.45 5.10 3.09

Prosperous Printing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.10 1.08 - -

Prosperous Printing Co Inventory Turnover Calculation

Prosperous Printing Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=52.025 / ((16.852 + 0) / 1 )
=52.025 / 16.852
=3.09

Prosperous Printing Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 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.


Prosperous Printing Co  (HKSE:08385) 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.

Prosperous Printing Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 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.

Prosperous Printing Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

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


Prosperous Printing Co Inventory Turnover Related Terms

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Prosperous Printing Co Business Description

Traded in Other Exchanges
N/A
Address
10 Fung Yip Street, 3rd Floor, Yip Cheung Centre, Chai Wan, Hong Kong, HKG
Prosperous Printing Co Ltd operates as a printing company in both Hong Kong and the PRC. Its products include case bound, softbound, saddle stitch book, handcraft items, silk screening, finishing, and cut and stamp. The company operates in only one operating segment which is the books and paper products production segment. Its geographic locations are Hong Kong, the PRC, the United States, the United Kingdom, and others.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
First Tech Inc. 2101 Beneficial owner
Lam Sam Ming 2201 Interest of corporation controlled by you
Yao Yuan 2202 Interest of your spouse
First Tech Inc. 2101 Beneficial owner
Cheung Ting Kin 2201 Interest of corporation controlled by you
Infinity Credits Co., Limited 2106 Person having a security interest in shares
Infinity International Holding Limited 2201 Interest of corporation controlled by you
Zhao Zhisheng 2201 Interest of corporation controlled by you
Fine Time Concept Limited 2101 Beneficial owner

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