C&D Newin Paper & Pulp (HKSE:00731) Inventory Turnover : 4.21 (As of Dec. 2023)

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What is C&D Newin Paper & Pulp 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. C&D Newin Paper & Pulp's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$765 Mil. C&D Newin Paper & Pulp's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$182 Mil. C&D Newin Paper & Pulp's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C&D Newin Paper & Pulp's Days Inventory for the six months ended in Dec. 2023 was 43.32.

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. C&D Newin Paper & Pulp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

C&D Newin Paper & Pulp Inventory Turnover Historical Data

The historical data trend for C&D Newin Paper & Pulp'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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C&D Newin Paper & Pulp Inventory Turnover Chart

C&D Newin Paper & Pulp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Inventory Turnover

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6.94

5.52

1.24

3.83

5.11

C&D Newin Paper & Pulp Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.11	3.20	2.46	3.03	4.21

C&D Newin Paper & Pulp Inventory Turnover Calculation

C&D Newin Paper & Pulp'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: Mar. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1392.188	/ (	(352.634	+	192.109)	/	2 )
=	1392.188	/	272.3715
=	5.11

C&D Newin Paper & Pulp'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 )
=	765.235	/ (	(171.188	+	192.109)	/	2 )
=	765.235	/	181.6485
=	4.21

C&D Newin Paper & Pulp (HKSE:00731) 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.

C&D Newin Paper & Pulp'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
	=	181.6485	/	765.235	*	365 / 2
	=	43.32

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.

C&D Newin Paper & Pulp'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 )
	=	181.6485	/	778.53
	=	0.23

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.

C&D Newin Paper & Pulp Inventory Turnover Related Terms

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C&D Newin Paper & Pulp (HKSE:00731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » C&D Newin Paper & Pulp Corp Ltd (HKSE:00731) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 168–200, Connaught Road Central, Rooms 2306B & 2307, 23rd Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cndnewin.com

C&D Newin Paper & Pulp Corp Ltd is engaged in manufacturing, trading, and marketing of paper products, property development as well as leasing of investment properties. It is also engaged in trading of consumable aeronautic parts and providing marine services. The group's customers are mainly based in Hong Kong and the PRC. The company has carried on a single business segment under continuing operations, which is the manufacturing and selling of paper products.

Executives

Sha Men Jian Fa Jiang Zhi Ji Tuan You Xian Gong Si
Sha Men Jian Fa Ji Tuan You Xian Gong Si
Sha Men Jian Fa Gu Fen You Xian Gong Si
Sha Men Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui
Ncd Investment Holding Limited
Hong Kong Paper Sources Co., Limited
Lai Kar Yan (in The Capacity As A Receiver)	2501 Other
Ho Kwok Leung Glen (in The Capacity As A Receiver)	2501 Other
Kam Chung Hang	2501 Other
Strong Determine Limited	2501 Other
Lee Seng Jin	2201 Interest of corporation controlled by you
Sham Yee Lan Peggy	2202 Interest of your spouse
Quinselle Holdings Limited	2101 Beneficial owner
Xsd Investment Holding Limited	2201 Interest of corporation controlled by you
Xsd International Pte. Ltd.

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