Cheuk Nang (Holdings) (STU:CQH3) Inventory Turnover : 0.01 (As of Dec. 2023)

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What is Cheuk Nang (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. Cheuk Nang (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was €2.20 Mil. Cheuk Nang (Holdings)'s Average Total Inventories for the quarter that ended in Dec. 2023 was €224.79 Mil. Cheuk Nang (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheuk Nang (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 18,630.46.

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. Cheuk Nang (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 24.40.

Cheuk Nang (Holdings) Inventory Turnover Historical Data

The historical data trend for Cheuk Nang (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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Cheuk Nang (Holdings) Inventory Turnover Chart

Cheuk Nang (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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0.03

0.09

0.13

0.03

0.01

Cheuk Nang (Holdings) 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															0.02	-	0.01	-	0.01

Cheuk Nang (Holdings) Inventory Turnover Calculation

Cheuk Nang (Holdings)'s Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	2.051	/ (	(235.288	+	223.886)	/	2 )
=	2.051	/	229.587
=	0.01

Cheuk Nang (Holdings)'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 )
=	2.202	/ (	(223.886	+	225.695)	/	2 )
=	2.202	/	224.7905
=	0.01

Cheuk Nang (Holdings) (STU:CQH3) 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.

Cheuk Nang (Holdings)'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
	=	224.7905	/	2.202	*	365 / 2
	=	18,630.46

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.

Cheuk Nang (Holdings)'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 )
	=	224.7905	/	9.214
	=	24.40

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.

Cheuk Nang (Holdings) Inventory Turnover Related Terms

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Cheuk Nang (Holdings) (STU:CQH3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cheuk Nang (Holdings) Ltd (STU:CQH3) » Definitions » Inventory Turnover

Traded in Other Exchanges

00131:Hong Kong

Address

18 Harbour Road, Suite 4901, 49th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.cheuknang.com.hk

Cheuk Nang (Holdings) Ltd is an investment holding company. The principal activities of the company's subsidiaries and associates comprise property development, investment, and management. The company has diversified its operations into four segments, being Property Sales, Property Rental, Estate Management, and Others. The majority of its revenue is derived from Properties sales. Its primary geographical markets are Hong Kong, the People's Republic of China (the PRC), and Malaysia, of which the company receives maximum revenue from the People's Republic of China.

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