Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Inventory Turnover : 1.95 (As of Dec. 2023)

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What is Luks Group (Vietnam Holdings) 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. Luks Group (Vietnam Holdings) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $16.95 Mil. Luks Group (Vietnam Holdings) Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $8.70 Mil. Luks Group (Vietnam Holdings) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luks Group (Vietnam Holdings) Co's Days Inventory for the six months ended in Dec. 2023 was 93.69.

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. Luks Group (Vietnam Holdings) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Luks Group (Vietnam Holdings) Co Inventory Turnover Historical Data

The historical data trend for Luks Group (Vietnam Holdings) 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.

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Luks Group (Vietnam Holdings) Co Inventory Turnover Chart

Luks Group (Vietnam Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.29

5.96

5.62

5.18

4.28

Luks Group (Vietnam Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.52	2.77	2.24	2.21	1.95

Luks Group (Vietnam Holdings) Co Inventory Turnover Calculation

Luks Group (Vietnam Holdings) Co'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 )
=	37.146	/ (	(9.1	+	8.257)	/	2 )
=	37.146	/	8.6785
=	4.28

Luks Group (Vietnam Holdings) Co'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	16.948	/ (	(9.145	+	8.257)	/	2 )
=	16.948	/	8.701
=	1.95

Luks Group (Vietnam Holdings) Co (OTCPK:LKSGF) 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.

Luks Group (Vietnam Holdings) Co's Days Inventory for the six 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
	=	8.701	/	16.948	*	365 / 2
	=	93.69

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.

Luks Group (Vietnam Holdings) Co'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 )
	=	8.701	/	26.255
	=	0.33

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.

Luks Group (Vietnam Holdings) Co Inventory Turnover Related Terms

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Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Luks Group (Vietnam Holdings) Co Ltd (OTCPK:LKSGF) » Definitions » Inventory Turnover

Traded in Other Exchanges

00366:Hong Kong LU4:Germany

Address

39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG

Website

http://www.luks.com.hk

Luks Group (Vietnam Holdings) Co Ltd is an investment holding company. Its segments include the Cement products segment, the Property Investment segment, the Hotel operation segment, the Property Development segment, and the Corporate and others segment. It derives key revenue from the cement products segment that represents the group's manufacture and sale of cement products for use in the construction industry. The group derives a majority of its revenue from Vietnam followed by Hong Kong and Mainland China.

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Headlines

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