AV Promotions Holdings (HKSE:08419) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is AV Promotions 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. AV Promotions Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.00 Mil. AV Promotions Holdings's Average Total Inventories for the quarter that ended in Jun. 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.

AV Promotions Holdings Inventory Turnover Historical Data

The historical data trend for AV Promotions 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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AV Promotions Holdings Inventory Turnover Chart

AV Promotions Holdings Annual Data

Trend

Dec15

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Dec24

Inventory Turnover

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AV Promotions Holdings 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															-	-	-	-	-

AV Promotions Holdings Inventory Turnover Calculation

AV Promotions 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 )
=	117.468	/ (	(0	+	0)	/	1 )
=	117.468	/	0
=	N/A

AV Promotions Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

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

AV Promotions Holdings (HKSE:08419) 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.

AV Promotions Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:

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

AV Promotions Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

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

AV Promotions Holdings Inventory Turnover Related Terms

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AV Promotions Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AV Promotions Holdings Ltd (HKSE:08419) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Lee Lok Street, Oceanic Industrial Centre, Units 1–15 & 25–27, 19th Floor, Ap Lei Chau, Hong Kong, HKG

Website

https://www.avpromotions.com

AV Promotions Holdings Ltd is a lighting and audio solutions provider. The group provides visual, lighting, and audio solutions services to its customers at various events, including exhibitions, ceremonies, conferences, TV shows, product launches, concerts, and other types of events The company operates in the PRC, Hong Kong, and Macau, of which key revenue is derived from PRC.

Executives

Kong Suet Yau	2202 Interest of your spouse
Wong Man Por	2201 Interest of corporation controlled by you
Jumbo Fame Company Limited	2201 Interest of corporation controlled by you
Mega King Elite Investment Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2301 Trustee

AV Promotions Holdings Headlines

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