Lai Fung Holdings (Lai Fung Holdings) Inventory Turnover : 0.19 (As of Jan. 2024)

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What is Lai Fung 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. Lai Fung Holdings's Cost of Goods Sold for the six months ended in Jan. 2024 was $93.34 Mil. Lai Fung Holdings's Average Total Inventories for the quarter that ended in Jan. 2024 was $483.67 Mil. Lai Fung Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lai Fung Holdings's Days Inventory for the six months ended in Jan. 2024 was 945.74.

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. Lai Fung Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 2.68.

Lai Fung Holdings Inventory Turnover Historical Data

The historical data trend for Lai Fung 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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Lai Fung Holdings Inventory Turnover Chart

Lai Fung Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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0.21

0.15

0.47

0.25

0.21

Lai Fung Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.13	0.11	0.12	0.09	0.19

Lai Fung Holdings Inventory Turnover Calculation

Lai Fung Holdings's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	114.965	/ (	(587.969	+	511.002)	/	2 )
=	114.965	/	549.4855
=	0.21

Lai Fung Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	93.335	/ (	(511.002	+	456.346)	/	2 )
=	93.335	/	483.674
=	0.19

Lai Fung Holdings (OTCPK:LNGHY) 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.

Lai Fung Holdings's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	483.674	/	93.335	*	365 / 2
	=	945.74

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.

Lai Fung Holdings's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	483.674	/	180.299
	=	2.68

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.

Lai Fung Holdings Inventory Turnover Related Terms

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Lai Fung Holdings (Lai Fung Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Fung Holdings Ltd (OTCPK:LNGHY) » Definitions » Inventory Turnover

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01125:Hong Kong

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laifung.com

Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.

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