Emperor Entertainment Hotel (HKSE:00296) Inventory Turnover : 20.43 (As of Sep. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Emperor Entertainment Hotel 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. Emperor Entertainment Hotel's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$238.1 Mil. Emperor Entertainment Hotel's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$11.7 Mil. Emperor Entertainment Hotel's Inventory Turnover for the quarter that ended in Sep. 2023 was 20.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emperor Entertainment Hotel's Days Inventory for the six months ended in Sep. 2023 was 8.93.

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. Emperor Entertainment Hotel's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

Emperor Entertainment Hotel Inventory Turnover Historical Data

The historical data trend for Emperor Entertainment Hotel'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.

Emperor Entertainment Hotel Inventory Turnover Chart

Emperor Entertainment Hotel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

37.90

36.10

30.24

42.03

34.88

Emperor Entertainment Hotel 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															9.69	31.53	19.67	16.06	20.43

Emperor Entertainment Hotel Inventory Turnover Calculation

Emperor Entertainment Hotel'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 )
=	406.808	/ (	(12.014	+	11.312)	/	2 )
=	406.808	/	11.663
=	34.88

Emperor Entertainment Hotel'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 )
=	238.147	/ (	(11.312	+	12.002)	/	2 )
=	238.147	/	11.657
=	20.43

Emperor Entertainment Hotel (HKSE:00296) 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.

Emperor Entertainment Hotel'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
	=	11.657	/	238.147	*	365 / 2
	=	8.93

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.

Emperor Entertainment Hotel'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 )
	=	11.657	/	371.837
	=	0.03

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.

Emperor Entertainment Hotel Inventory Turnover Related Terms

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

Emperor Entertainment Hotel (HKSE:00296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emperor Entertainment Hotel Ltd (HKSE:00296) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EM7A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emp296.com

Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Executives

Albert Yeung Holdings Limited	2201 Interest of corporation controlled by you
Emperor International Holdings Limited	2201 Interest of corporation controlled by you
First Trust Services Ag	2301 Trustee
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
First Trust Services Ag (formerly Known As First Trust Services Gmbh)
First Trust Services Gmbh

Emperor Entertainment Hotel (HKSE:00296) Headlines

No Headlines