Goldlion Holdings (HKSE:00533) Inventory Turnover : 0.54 (As of Dec. 2023)

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What is Goldlion 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. Goldlion Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$301 Mil. Goldlion Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$562 Mil. Goldlion Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goldlion Holdings's Days Inventory for the six months ended in Dec. 2023 was 340.81.

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. Goldlion Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.84.

Goldlion Holdings Inventory Turnover Historical Data

The historical data trend for Goldlion 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.

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Goldlion Holdings Inventory Turnover Chart

Goldlion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.92

2.57

2.86

1.11

0.59

Goldlion 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															1.73	1.35	0.69	0.48	0.54

Goldlion Holdings Inventory Turnover Calculation

Goldlion 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 )
=	572.941	/ (	(972.516	+	956.329)	/	2 )
=	572.941	/	964.4225
=	0.59

Goldlion 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 )
=	300.832	/ (	(167.254	+	956.329)	/	2 )
=	300.832	/	561.7915
=	0.54

Goldlion Holdings (HKSE:00533) 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.

Goldlion 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
	=	561.7915	/	300.832	*	365 / 2
	=	340.81

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.

Goldlion 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 )
	=	561.7915	/	670.22
	=	0.84

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.

Goldlion Holdings Inventory Turnover Related Terms

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Goldlion Holdings (HKSE:00533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goldlion Holdings Ltd (HKSE:00533) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GLH:Germany

Address

7th Floor, Goldlion Holdings Centre, 13-15 Yuen Shun Circuit, Siu Lek Yuenv, Shatin, New Territories, Hong Kong, HKG

Website

https://www.goldlion.com

Goldlion Holdings Ltd through its subsidiaries is engaged in the distribution and manufacturing of garments, leather goods, and accessories in China, Hong Kong, Singapore, and Malaysia. It has three reportable segments: Apparel in China Mainland and Hong Kong SAR - Distribution and Manufacturing of Garments, leather goods and accessories and licensing of brand name in China Mainland and Hong Kong SAR; Apparel in Singapore - Distribution and manufacturing of garments, leather goods and accessories in Singapore; and Property investment and development - Investment in and development of properties in China Mainland and Hong Kong SAR and Singapore.

Executives

Tsang Chi Ming Ricky
Fmr Llc	2201 Interest of corporation controlled by you
Wong Lei Kuan
Tsang Hin Chi Charities (management) Limited	2301 Trustee

Goldlion Holdings (HKSE:00533) Headlines

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