Nameson Holdings (HKSE:01982) Inventory Turnover : 2.64 (As of Sep. 2023)

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What is Nameson 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. Nameson Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2,228 Mil. Nameson Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$845 Mil. Nameson Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nameson Holdings's Days Inventory for the six months ended in Sep. 2023 was 69.22.

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. Nameson Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.31.

Nameson Holdings Inventory Turnover Historical Data

The historical data trend for Nameson 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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Nameson Holdings Inventory Turnover Chart

Nameson Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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3.83

3.95

4.12

3.54

3.52

Nameson Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															2.63	1.32	2.63	1.39	2.64

Nameson Holdings Inventory Turnover Calculation

Nameson Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	3856.803	/ (	(1161.246	+	1032.006)	/	2 )
=	3856.803	/	1096.626
=	3.52

Nameson Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	2228.388	/ (	(1032.006	+	658.502)	/	2 )
=	2228.388	/	845.254
=	2.64

Nameson Holdings (HKSE:01982) 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.

Nameson Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	845.254	/	2228.388	*	365 / 2
	=	69.22

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.

Nameson Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	845.254	/	2726.382
	=	0.31

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.

Nameson Holdings Inventory Turnover Related Terms

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Nameson Holdings (HKSE:01982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nameson Holdings Ltd (HKSE:01982) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Ting Kok Road, Units A-C, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.namesonholdings.com

Nameson Holdings Ltd is an investment holding company. The company's operating segment is the Manufacturing of knitwear products. The services offered by the company are raw material development and procurement, product design, sample manufacturing, high-quality production, quality control, and timely delivery of products. The Business activity of the group has a presence in Japan, Mainland China, North America, and Europe, among other countries of which Japan derives a majority of the revenue.

Executives

East Asia International Trustees Ltd	2301 Trustee
Happy Family Assets Limited	2201 Interest of corporation controlled by you
Nameson Investments Limited	2101 Beneficial owner
Wang Kam Chu	2202 Interest of your spouse
Wong Ting Chung	2101 Beneficial owner
Tsoi Suet Ngai	2202 Interest of your spouse
Wong Ting Chun	2305 Beneficiary of a trust
Chan Ka Wai	2202 Interest of your spouse
Wong Ting Kau	2305 Beneficiary of a trust

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