Kerry Properties (HKSE:00683) Inventory Turnover : 0.09 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Kerry Properties 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. Kerry Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,657 Mil. Kerry Properties's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$42,036 Mil. Kerry Properties's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kerry Properties's Days Inventory for the six months ended in Dec. 2023 was 2,097.91.

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. Kerry Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 5.52.

Kerry Properties Inventory Turnover Historical Data

The historical data trend for Kerry Properties'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.

Kerry Properties Inventory Turnover Chart

Kerry Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.52

0.28

0.22

0.20

0.15

Kerry Properties 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															0.12	0.06	0.14	0.06	0.09

Kerry Properties Inventory Turnover Calculation

Kerry Properties'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 )
=	6368.352	/ (	(43144.933	+	42059.919)	/	2 )
=	6368.352	/	42602.426
=	0.15

Kerry Properties'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 )
=	3656.725	/ (	(42011.281	+	42059.919)	/	2 )
=	3656.725	/	42035.6
=	0.09

Kerry Properties (HKSE:00683) 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.

Kerry Properties'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
	=	42035.6	/	3656.725	*	365 / 2
	=	2,097.91

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.

Kerry Properties'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 )
	=	42035.6	/	7617.254
	=	5.52

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.

Kerry Properties Inventory Turnover Related Terms

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

Kerry Properties (HKSE:00683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kerry Properties Ltd (HKSE:00683) » Definitions » Inventory Turnover

Traded in Other Exchanges

KRYPY:USA KRYPF:USA KR3:Germany

Address

683 King’s Road, 25th Floor, Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.kerryprops.com

Kerry Properties Ltd is Hong Kong-based property developer. The company is engaged in investment holding activity. Through its subsidiaries it engages in property development, investment, and management in Hong Kong, the Mainland, and the Asia Pacific region; hotel ownership in Hong Kong, and hotel ownership and operations in the Mainland; and integrated logistics and international freight forwarding. Substantial revenue is derived from the sale of properties.

Executives

Schroders Plc	2102 Investment manager
Kerry Group Limited	2201 Interest of corporation controlled by you

Kerry Properties (HKSE:00683) Headlines

No Headlines