Hengtai Securities Co (HKSE:01476) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Hengtai Securities 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. Hengtai Securities Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$77 Mil. Hengtai Securities Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hengtai Securities Co'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. Hengtai Securities Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Hengtai Securities Co Inventory Turnover Historical Data

The historical data trend for Hengtai Securities 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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Hengtai Securities Co Inventory Turnover Chart

Hengtai Securities Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Hengtai Securities Co Semi-Annual Data
	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														-	-	-	-	-

Hengtai Securities Co Inventory Turnover Calculation

Hengtai Securities Co'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 )
=	179.333	/ (	(0	+	0)	/	1 )
=	179.333	/	0
=	N/A

Hengtai Securities Co'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 )
=	77.011	/ (	(0	+	0)	/	1 )
=	77.011	/	0
=	N/A

Hengtai Securities Co (HKSE:01476) 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.

Hengtai Securities Co'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	/	77.011	*	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.

Hengtai Securities Co'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	/	911.793
	=	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.

Hengtai Securities Co Inventory Turnover Related Terms

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Hengtai Securities Co (HKSE:01476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hengtai Securities Co Ltd (HKSE:01476) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 17 Finance Street, 11th Floor, China Life Centre, Xicheng District, Beijing, CHN, 100033

Website

https://www.cnht.com.cn

Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

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