China Aircraft Leasing Group Holdings (HKSE:01848) Inventory Turnover : 1,198.24 (As of Dec. 2023)

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What is China Aircraft Leasing Group 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. China Aircraft Leasing Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,336 Mil. China Aircraft Leasing Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2 Mil. China Aircraft Leasing Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,198.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Aircraft Leasing Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.15.

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 Aircraft Leasing Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

China Aircraft Leasing Group Holdings Inventory Turnover Historical Data

The historical data trend for China Aircraft Leasing Group 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.

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China Aircraft Leasing Group Holdings Inventory Turnover Chart

China Aircraft Leasing Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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114.18

137.14

404.47

1,158.90

China Aircraft Leasing Group 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															60.88	166.25	310.98	505.94	1,198.24

China Aircraft Leasing Group Holdings Inventory Turnover Calculation

China Aircraft Leasing Group 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 )
=	4159.866	/ (	(5.245	+	1.934)	/	2 )
=	4159.866	/	3.5895
=	1,158.90

China Aircraft Leasing Group 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 )
=	2335.961	/ (	(1.965	+	1.934)	/	2 )
=	2335.961	/	1.9495
=	1,198.24

China Aircraft Leasing Group Holdings (HKSE:01848) 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 Aircraft Leasing Group 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
	=	1.9495	/	2335.961	*	365 / 2
	=	0.15

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 Aircraft Leasing Group 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 )
	=	1.9495	/	2222.556
	=	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.

China Aircraft Leasing Group Holdings Inventory Turnover Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Inventory Turnover

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CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

Executives

Poon Ho Man	2101 Beneficial owner
China Everbright Holdings Company Limited	2201 Interest of corporation controlled by you
Capella Capital Limited	2201 Interest of corporation controlled by you
Friedmann Pacific Asset Management Limited	2101 Beneficial owner
Ng Christina	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.
China Everbright Limited
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si

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