GBA Holdings (HKSE:00261) Inventory Turnover : 0.16 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is GBA 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. GBA Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$69.16 Mil. GBA Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$421.27 Mil. GBA Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GBA Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,111.67.

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. GBA Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.28.

GBA Holdings Inventory Turnover Historical Data

The historical data trend for GBA 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.

* Premium members only.

GBA Holdings Inventory Turnover Chart

GBA Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.10

0.39

0.61

0.25

0.20

GBA 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															0.58	0.01	0.24	0.03	0.16

GBA Holdings Inventory Turnover Calculation

GBA 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 )
=	82.981	/ (	(406.441	+	406.186)	/	2 )
=	82.981	/	406.3135
=	0.20

GBA 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 )
=	69.159	/ (	(436.354	+	406.186)	/	2 )
=	69.159	/	421.27
=	0.16

GBA Holdings (HKSE:00261) 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.

GBA 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
	=	421.27	/	69.159	*	365 / 2
	=	1,111.67

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.

GBA 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 )
	=	421.27	/	57.83
	=	7.28

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.

GBA Holdings Inventory Turnover Related Terms

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

GBA Holdings (HKSE:00261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » GBA Holdings Ltd (HKSE:00261) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1415, 14th floor, Leighton Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.gbaholdings.com

GBA Holdings Ltd is an investment holding company engaged in property development and investment in Mainland China and finance business in Hong Kong. Its segments include the Property business segment representing the development and sale of properties; and the Finance business segment representing the finance business. It derives a majority of its revenue from the Property business segment. The group has prime operations in Mainland China and Hong Kong.

Executives

Top Pioneer Holdings Limited	2101 Beneficial owner
Ong Chor Wei	2201 Interest of corporation controlled by you
Jim Ka Shun	2101 Beneficial owner
Cct Fortis Holdings Limited	2201 Interest of corporation controlled by you
Mak Shiu Tong	2201 Interest of corporation controlled by you
Mak Chun Kiu	2201 Interest of corporation controlled by you
Chan Kar Yeung
Ever Sino Group Limited	2101 Beneficial owner

GBA Holdings (HKSE:00261) Headlines

No Headlines