ZXZN Qi-House Holdings (HKSE:08395) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is ZXZN Qi-House 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. ZXZN Qi-House Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$0.00 Mil. ZXZN Qi-House Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$10.90 Mil. ZXZN Qi-House Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

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.

ZXZN Qi-House Holdings Inventory Turnover Historical Data

The historical data trend for ZXZN Qi-House 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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ZXZN Qi-House Holdings Inventory Turnover Chart

ZXZN Qi-House Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.04

3.96

2.92

2.16

1.77

ZXZN Qi-House Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.41	0.37	0.50	-	-

ZXZN Qi-House Holdings Inventory Turnover Calculation

ZXZN Qi-House Holdings'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 )
=	23.109	/ (	(14.262	+	11.833)	/	2 )
=	23.109	/	13.0475
=	1.77

ZXZN Qi-House Holdings'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	/ (	(11.833	+	9.969)	/	2 )
=	0	/	10.901
=	0.00

ZXZN Qi-House Holdings (HKSE:08395) 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.

ZXZN Qi-House Holdings'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
	=	10.901	/	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.

ZXZN Qi-House Holdings'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 )
	=	10.901	/	0
	=

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.

ZXZN Qi-House Holdings Inventory Turnover Related Terms

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ZXZN Qi-House Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZXZN Qi-House Holdings Ltd (HKSE:08395) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Lee Wing Street, 28th Floor, Horizon Plaza, Ap Lei Chau, Hong Kong, HKG

Website

https://www.qihouseholdings.com

ZXZN Qi-House Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the sale, distribution, and rental of furniture and home accessories, the distribution and licensing of intellectual property rights, the provision of styling, consulting and furniture agency services and the operation of a cafe.

Executives

Xu Qiang	2101 Beneficial owner
Wuxing Hehe Holding Group Co., Limited	2101 Beneficial owner
Yang Songmei	2201 Interest of corporation controlled by you
Tiptop Honour Limited	2201 Interest of corporation controlled by you
Shum Yuet Wah Anna	2202 Interest of your spouse
Tong Tang Joseph	2201 Interest of corporation controlled by you
Zhang Jianing	2401 A concert party to an agreement to buy shares

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