Kangda International Environmental Co (HKSE:06136) Inventory Turnover : 31.41 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Kangda International Environmental 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. Kangda International Environmental Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$648 Mil. Kangda International Environmental Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$21 Mil. Kangda International Environmental Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 31.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kangda International Environmental Co's Days Inventory for the six months ended in Dec. 2023 was 5.81.

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. Kangda International Environmental Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Kangda International Environmental Co Inventory Turnover Historical Data

The historical data trend for Kangda International Environmental 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.

* Premium members only.

Kangda International Environmental Co Inventory Turnover Chart

Kangda International Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

116.42

145.76

100.75

89.93

63.46

Kangda International Environmental Co 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															50.16	52.81	37.80	29.27	31.41

Kangda International Environmental Co Inventory Turnover Calculation

Kangda International Environmental 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 )
=	1247.331	/ (	(19.522	+	19.789)	/	2 )
=	1247.331	/	19.6555
=	63.46

Kangda International Environmental 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 )
=	647.66	/ (	(21.447	+	19.789)	/	2 )
=	647.66	/	20.618
=	31.41

Kangda International Environmental Co (HKSE:06136) 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.

Kangda International Environmental 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
	=	20.618	/	647.66	*	365 / 2
	=	5.81

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.

Kangda International Environmental 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 )
	=	20.618	/	1228.641
	=	0.02

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.

Kangda International Environmental Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Kangda International Environmental Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kangda International Environmental Co (HKSE:06136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN

Website

http://www.kangdaep.com

Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Salata Jean Eric	2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian)	2401 A concert party to an agreement to buy shares
Zhao Sizhen	2201 Interest of corporation controlled by you
Kangda Holdings Company Limited	2101 Beneficial owner
China Water Affairs Group Limited	2201 Interest of corporation controlled by you
Sharp Profit Investments Limited	2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

No Headlines