Yuexiu Property Co (HKSE:00123) Inventory Turnover : 0.18 (As of Dec. 2023)

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What is Yuexiu Property 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. Yuexiu Property Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$45,468 Mil. Yuexiu Property Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$251,026 Mil. Yuexiu Property Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yuexiu Property Co's Days Inventory for the six months ended in Dec. 2023 was 1,007.57.

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. Yuexiu Property Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 4.77.

Yuexiu Property Co Inventory Turnover Historical Data

The historical data trend for Yuexiu Property 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.

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Yuexiu Property Co Inventory Turnover Chart

Yuexiu Property Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.23

0.25

0.27

0.28

0.30

Yuexiu Property 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															0.16	0.13	0.16	0.12	0.18

Yuexiu Property Co Inventory Turnover Calculation

Yuexiu Property 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 )
=	74338.008	/ (	(234224.311	+	261357.064)	/	2 )
=	74338.008	/	247790.6875
=	0.30

Yuexiu Property 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 )
=	45467.91	/ (	(240695.512	+	261357.064)	/	2 )
=	45467.91	/	251026.288
=	0.18

Yuexiu Property Co (HKSE:00123) 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.

Yuexiu Property 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
	=	251026.288	/	45467.91	*	365 / 2
	=	1,007.57

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.

Yuexiu Property 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 )
	=	251026.288	/	52640.104
	=	4.77

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.

Yuexiu Property Co Inventory Turnover Related Terms

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Yuexiu Property Co (HKSE:00123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuexiu Property Co Ltd (HKSE:00123) » Definitions » Inventory Turnover

Traded in Other Exchanges

YUPRF:USA GUZA:Germany

Address

160-174 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG

Website

https://www.yuexiuproperty.com

Yuexiu Property Co Ltd is engaged in the real estate sector. Most of the company's activities are focused on property development. Its business is broadly classified into the Property Development, Property Management, Property Investment, and Others segments. The Property Development segment contributes the majority of the revenue. The Property Investment segment is engaged in the leasing of properties and the Property Management segment is engaged in the provision of property management services. Other segment derive revenue from real estate agencies and decoration services.

Executives

Yue Xiu Enterprises (holdings) Limited	2201 Interest of corporation controlled by you
Bosworth International Limited	2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Di Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Yuexiu Property Co (HKSE:00123) Headlines

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