Pan Asia Environmental Protection Group (HKSE:00556) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Pan Asia Environmental Protection Group 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. Pan Asia Environmental Protection Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$108.5 Mil. Pan Asia Environmental Protection Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pan Asia Environmental Protection Group's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Pan Asia Environmental Protection Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Pan Asia Environmental Protection Group Inventory Turnover Historical Data

The historical data trend for Pan Asia Environmental Protection Group'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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Pan Asia Environmental Protection Group Inventory Turnover Chart

Pan Asia Environmental Protection Group Annual Data

Trend

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Inventory Turnover

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Pan Asia Environmental Protection Group Semi-Annual Data
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Pan Asia Environmental Protection Group Inventory Turnover Calculation

Pan Asia Environmental Protection Group'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 )
=	209.9	/ (	(0	+	0)	/	1 )
=	209.9	/	0
=	N/A

Pan Asia Environmental Protection Group'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 )
=	108.457	/ (	(0	+	0)	/	1 )
=	108.457	/	0
=	N/A

Pan Asia Environmental Protection Group (HKSE:00556) 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.

Pan Asia Environmental Protection Group'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
	=	0	/	108.457	*	365 / 2
	=	0.00

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.

Pan Asia Environmental Protection Group'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 )
	=	0	/	121.845
	=	0.00

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.

Pan Asia Environmental Protection Group Inventory Turnover Related Terms

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Pan Asia Environmental Protection Group (HKSE:00556) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pan Asia Environmental Protection Group Ltd (HKSE:00556) » Definitions » Inventory Turnover

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Address

Xinjie Street, Baihe Industrial Park, Jiangsu Province, Yixing City, CHN, 214204

Website

http://www.paep.com.cn

Pan Asia Environmental Protection Group Ltd and its subsidiaries are engaged in the sale of environmental protection products and equipment, undertaking EP construction engineering services. The operating business segments are the EP products and equipment segment which derives the majority of revenue involves the sales of EP products and equipment to external customers and the EP construction engineering services segment.

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