GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient Overseas (International) Ltd (OTCPK:OROVF) » Definitions » Inventory Turnover

OROVF (Orient Overseas (International)) Inventory Turnover : 21.47 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Orient Overseas (International) 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. Orient Overseas (International)'s Cost of Goods Sold for the six months ended in Dec. 2024 was $4,150 Mil. Orient Overseas (International)'s Average Total Inventories for the quarter that ended in Dec. 2024 was $193 Mil. Orient Overseas (International)'s Inventory Turnover for the quarter that ended in Dec. 2024 was 21.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orient Overseas (International)'s Days Inventory for the six months ended in Dec. 2024 was 8.50.

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. Orient Overseas (International)'s Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Orient Overseas (International) Inventory Turnover Historical Data

The historical data trend for Orient Overseas (International)'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.

Orient Overseas (International) Inventory Turnover Chart

Orient Overseas (International) 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 63.40 69.86 56.49 38.16 40.55

Orient Overseas (International) Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 21.95 20.23 18.83 19.03 21.47

Orient Overseas (International) Inventory Turnover Calculation

Orient Overseas (International)'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 )
=7880.916 / ((197.186 + 191.513) / 2 )
=7880.916 / 194.3495
=40.55

Orient Overseas (International)'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 )
=4149.594 / ((195.052 + 191.513) / 2 )
=4149.594 / 193.2825
=21.47

* 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.

Orient Overseas (International)  (OTCPK:OROVF) 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.

Orient Overseas (International)'s Days Inventory for the six 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
=193.2825/4149.594*365 / 2
=8.50

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.

Orient Overseas (International)'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 )
=193.2825 / 6056.367
=0.03

* 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.

Orient Overseas (International) Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Orient Overseas (International)'s Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Orient Overseas (International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient Overseas (International) Ltd (OTCPK:OROVF) » Definitions » Inventory Turnover
Comparable Companies
HKSE:06198 HKSE:01308 HKSE:00144 HKSE:03369 HKSE:01199 HKSE:02510 HKSE:02343 HKSE:00517 HKSE:03382 HKSE:02409 BOM:532921 HKSE:01919 XTER:HLAG OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 XKRX:011200 TSE:9104 PHS:ICT
Traded in Other Exchanges
OROVY:USA 00316:Hong Kong ORI1:Germany
Address
25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Website
https://www.ooilgroup.com
Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property. Its segments are Container transport and logistics and Others.