Winson Holdings Hong Kong (HKSE:06812) Inventory Turnover : 1,762.95 (As of Sep. 2023)

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What is Winson Holdings Hong Kong 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. Winson Holdings Hong Kong's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$193.9 Mil. Winson Holdings Hong Kong's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.1 Mil. Winson Holdings Hong Kong's Inventory Turnover for the quarter that ended in Sep. 2023 was 1,762.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Winson Holdings Hong Kong's Days Inventory for the six months ended in Sep. 2023 was 0.10.

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. Winson Holdings Hong Kong's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Winson Holdings Hong Kong Inventory Turnover Historical Data

The historical data trend for Winson Holdings Hong Kong'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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Winson Holdings Hong Kong Inventory Turnover Chart

Winson Holdings Hong Kong Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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36,621.52

3,316.41

1,974.68

3,044.72

4,964.03

Winson Holdings Hong Kong Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial												1,583.88	2,516.97	3,481.96	3,481.14	1,762.95

Winson Holdings Hong Kong Inventory Turnover Calculation

Winson Holdings Hong Kong'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 )
=	384.712	/ (	(0.079	+	0.076)	/	2 )
=	384.712	/	0.0775
=	4,964.03

Winson Holdings Hong Kong'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 )
=	193.924	/ (	(0.076	+	0.144)	/	2 )
=	193.924	/	0.11
=	1,762.95

Winson Holdings Hong Kong (HKSE:06812) 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.

Winson Holdings Hong Kong'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
	=	0.11	/	193.924	*	365 / 2
	=	0.10

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.

Winson Holdings Hong Kong'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 )
	=	0.11	/	233.71
	=	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.

Winson Holdings Hong Kong Inventory Turnover Related Terms

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Winson Holdings Hong Kong (HKSE:06812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Winson Holdings Hong Kong Ltd (HKSE:06812) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Sha Tsui Road, Unit 01–02, 9th floor, The Octagon, Tsuen Wan New Territories, Hong Kong, HKG

Website

https://www.winsongrouphk.com

Winson Holdings Hong Kong Ltd is an investment holding company. The principal business of the Company is provision of environmental hygiene and related services and airline catering support services in Hong Kong. The company's business segments are the provision of environmental hygiene and related services, airline catering support services in Hong Kong. Environmental hygiene and related services generate the maximum revenue.

Executives

Rich Cheer Development Limited	2301 Trustee
Sze's Holdings Limited	2101 Beneficial owner
Ng Sing Mui	2307 Founder of a discretionary trust who can infl
Sze Tan Nei	2305 Beneficiary of a trust
Sze Wai Lun	2305 Beneficiary of a trust

Winson Holdings Hong Kong (HKSE:06812) Headlines

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