Keck Seng Investments (Hong Kong) (HKSE:00184) Inventory Turnover : 0.22 (As of Dec. 2023)

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What is Keck Seng Investments (Hong Kong) 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. Keck Seng Investments (Hong Kong)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$63 Mil. Keck Seng Investments (Hong Kong)'s Average Total Inventories for the quarter that ended in Dec. 2023 was HK$283 Mil. Keck Seng Investments (Hong Kong)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Keck Seng Investments (Hong Kong)'s Days Inventory for the six months ended in Dec. 2023 was 816.51.

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. Keck Seng Investments (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Keck Seng Investments (Hong Kong) Inventory Turnover Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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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Keck Seng Investments (Hong Kong) Inventory Turnover Chart

Keck Seng Investments (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.70

0.31

0.16

0.47

0.51

Keck Seng Investments (Hong Kong) 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															0.05	0.19	0.27	0.28	0.22

Keck Seng Investments (Hong Kong) Inventory Turnover Calculation

Keck Seng Investments (Hong Kong)'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 )
=	143.465	/ (	(283.752	+	283.404)	/	2 )
=	143.465	/	283.578
=	0.51

Keck Seng Investments (Hong Kong)'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 )
=	63.344	/ (	(283.399	+	283.404)	/	2 )
=	63.344	/	283.4015
=	0.22

Keck Seng Investments (Hong Kong) (HKSE:00184) 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.

Keck Seng Investments (Hong Kong)'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
	=	283.4015	/	63.344	*	365 / 2
	=	816.51

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.

Keck Seng Investments (Hong Kong)'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 )
	=	283.4015	/	906.813
	=	0.31

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.

Keck Seng Investments (Hong Kong) Inventory Turnover Related Terms

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Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Keck Seng Investments (Hong Kong) Ltd (HKSE:00184) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KCKSF:USA KEC:Germany

Address

168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

Executives

Ho Kian Guan	2201 Interest of corporation controlled by you
Ho Kian Hock	2201 Interest of corporation controlled by you
Kansas Holdings Limited	2101 Beneficial owner
Ks Ocean Inc.	2201 Interest of corporation controlled by you

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