Wheelock and Co (Wheelock and Co) Inventory Turnover : 0.11 (As of Dec. 2019)

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What is Wheelock and 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. Wheelock and Co's Cost of Goods Sold for the six months ended in Dec. 2019 was $1,306 Mil. Wheelock and Co's Average Total Inventories for the quarter that ended in Dec. 2019 was $12,097 Mil. Wheelock and Co's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wheelock and Co's Days Inventory for the six months ended in Dec. 2019 was 1,689.84.

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. Wheelock and Co's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 3.52.

Wheelock and Co Inventory Turnover Historical Data

The historical data trend for Wheelock and 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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Wheelock and Co Inventory Turnover Chart

Wheelock and Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Inventory Turnover

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0.39

0.47

0.65

0.26

0.19

Wheelock and Co Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Inventory Turnover	Get a 7-Day Free Trial															0.37	0.08	0.15	0.07	0.11

Wheelock and Co Inventory Turnover Calculation

Wheelock and Co's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	2206.419	/ (	(11694.759	+	11819.719)	/	2 )
=	2206.419	/	11757.239
=	0.19

Wheelock and Co's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

	Inventory Turnover (Q: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )
=	1306.426	/ (	(12373.754	+	11819.719)	/	2 )
=	1306.426	/	12096.7365
=	0.11

Wheelock and Co (OTCPK:WHLKF) 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.

Wheelock and Co's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
	=	12096.7365	/	1306.426	*	365 / 2
	=	1,689.84

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.

Wheelock and Co's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	12096.7365	/	3434.685
	=	3.52

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.

Wheelock and Co Inventory Turnover Related Terms

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Wheelock and Co (Wheelock and Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wheelock and Co Ltd (OTCPK:WHLKF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

20 Pedder Street, 23rd Floor, Wheelock House, Hong Kong, HKG

Website

http://www.wheelockcompany.com

Wheelock and Co Ltd is an investment holding company. The company through its subsidiaries operates through four segments namely Investment property, Development property, Hotels, and Logistics. It manages its diversified businesses according to the nature of services and products provided. The business of the group is functioned through the region of Hong Kong, Mainland China, and Singapore and it derives most of the revenue from Hong Kong as well as from the development segment.

Wheelock and Co (Wheelock and Co) Headlines

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