Health and Happiness (H&H) International Holdings (HKSE:01112) Inventory Turnover : 1.15 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Health and Happiness (H&H) International 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. Health and Happiness (H&H) International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,187 Mil. Health and Happiness (H&H) International Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2,766 Mil. Health and Happiness (H&H) International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Health and Happiness (H&H) International Holdings's Days Inventory for the six months ended in Dec. 2023 was 158.38.

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. Health and Happiness (H&H) International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Health and Happiness (H&H) International Holdings Inventory Turnover Historical Data

The historical data trend for Health and Happiness (H&H) International 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.

* Premium members only.

Health and Happiness (H&H) International Holdings Inventory Turnover Chart

Health and Happiness (H&H) International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.35

2.16

2.08

2.25

Health and Happiness (H&H) International 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															1.12	1.11	1.22	1.02	1.15

Health and Happiness (H&H) International Holdings Inventory Turnover Calculation

Health and Happiness (H&H) International Holdings'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 )
=	6160.397	/ (	(2889.724	+	2597.507)	/	2 )
=	6160.397	/	2743.6155
=	2.25

Health and Happiness (H&H) International 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 )
=	3187.066	/ (	(2934.294	+	2597.507)	/	2 )
=	3187.066	/	2765.9005
=	1.15

Health and Happiness (H&H) International Holdings (HKSE:01112) 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.

Health and Happiness (H&H) International 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
	=	2765.9005	/	3187.066	*	365 / 2
	=	158.38

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.

Health and Happiness (H&H) International 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 )
	=	2765.9005	/	7596.975
	=	0.36

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.

Health and Happiness (H&H) International Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Health and Happiness (H&H) International Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Health and Happiness (H&H) International Holdings (HKSE:01112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Health and Happiness (H&H) International Holdings Ltd (HKSE:01112) » Definitions » Inventory Turnover

Traded in Other Exchanges

8BI:Germany

Address

18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.hh.global

Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (HKSE:01112) Headlines

No Headlines