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China Infrastructure & Logistics Group (HKSE:01719) Inventory Turnover : 7.42 (As of Dec. 2023)


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What is China Infrastructure & Logistics 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. China Infrastructure & Logistics Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$140.6 Mil. China Infrastructure & Logistics Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$18.9 Mil. China Infrastructure & Logistics Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Infrastructure & Logistics Group's Days Inventory for the six months ended in Dec. 2023 was 24.58.

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. China Infrastructure & Logistics Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

China Infrastructure & Logistics Group Inventory Turnover Historical Data

The historical data trend for China Infrastructure & Logistics 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.

* Premium members only.

China Infrastructure & Logistics Group Inventory Turnover Chart

China Infrastructure & Logistics Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.49 54.76 28.97 32.69 36.83

China Infrastructure & Logistics Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.97 11.76 21.68 7.75 7.42

China Infrastructure & Logistics Group Inventory Turnover Calculation

China Infrastructure & Logistics 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 )
=283.648 / ((7.237 + 8.167) / 2 )
=283.648 / 7.702
=36.83

China Infrastructure & Logistics 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 )
=140.553 / ((29.693 + 8.167) / 2 )
=140.553 / 18.93
=7.42

* 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.

China Infrastructure & Logistics Group  (HKSE:01719) 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.

China Infrastructure & Logistics 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
=18.93/140.553*365 / 2
=24.58

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.

China Infrastructure & Logistics 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 )
=18.93 / 174.488
=0.11

* 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.

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.

China Infrastructure & Logistics Group Inventory Turnover Related Terms

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China Infrastructure & Logistics Group (HKSE:01719) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Infrastructure & Logistics Group Ltd (HKSE:01719) » Definitions » Inventory Turnover
Comparable Companies
HKSE:06117 HKSE:01748 HKSE:02409 HKSE:00560 HKSE:00351 HKSE:00137 HKSE:06119 HKSE:03683 HKSE:02682 HKSE:01549 BOM:532921 HKSE:01919 XTER:HLAG OCSE:MAERSK B SHSE:600018 TPE:2603 TSE:9101 PHS:ICT TSE:9104 HKSE:00316
Traded in Other Exchanges
N/A
Address
No. 1 On Hing Terrace, On Hing Building, Unit A, 7th Floor, Central, Hong Kong, HKG
Website
http://www.cilgl.com
China Infrastructure & Logistics Group Ltd is an investment holding company. It operates in the segments of Property business that offers port and warehouse leasing; Terminal and related business which provides terminal service, Container handling, storage, and other services, general and bulk cargoes handling service; Integrated logistics business renders agency and logistics services, including the provision of freight forwarding, customs clearance, transportation of containers and logistics management; Supply chain management and trading business offer sourcing, procurement and trading of commodities. The company generates the majority of its revenue from the Terminal service segment. It derives revenue from customers located in the PRC.
Executives
Wu Han Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Hu Bei Gang Kou Xiang Gang Guo Ji You Xian Gong Si 2101 Beneficial owner
Hu Bei Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Bei Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Zall Holdings Company Limited 2101 Beneficial owner
Yan Zhi 2201 Interest of corporation controlled by you
Wang Kaiwei 2101 Beneficial owner
Hu Bei Sheng Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

China Infrastructure & Logistics Group (HKSE:01719) Headlines

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