G-Resources Group (HKSE:01051) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is G-Resources Group 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. G-Resources Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0.0 Mil. G-Resources Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. G-Resources Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

G-Resources Group Inventory Turnover Historical Data

The historical data trend for G-Resources Group'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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G-Resources Group Inventory Turnover Chart

G-Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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G-Resources Group 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															-	-	-	-	-

G-Resources Group Inventory Turnover Calculation

G-Resources Group'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

G-Resources Group'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

G-Resources Group (HKSE:01051) 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.

G-Resources Group'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
	=	0	/	0	*	365 / 2
	=

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.

G-Resources Group'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 )
	=	0	/	414.021
	=	0.00

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.

G-Resources Group Inventory Turnover Related Terms

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G-Resources Group (HKSE:01051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » G-Resources Group Ltd (HKSE:01051) » Definitions » Inventory Turnover

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GGPXF:USA

Address

No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG

Website

https://www.g-resources.com

G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

Executives

Ortiz Espinosa Elvin Alan	2201 Interest of corporation controlled by you
Sprout Wings Limited	2201 Interest of corporation controlled by you
19 Growth Capital Fund Gp, Inc.	2201 Interest of corporation controlled by you
19 Growth Equity Fund, Lp	2101 Beneficial owner
Buckley John Paul	2201 Interest of corporation controlled by you
Zhang Zheng	2201 Interest of corporation controlled by you
Px Capital Management Ltd.	2201 Interest of corporation controlled by you
Px Capital Partners L.p.	2101 Beneficial owner
Px Global Advisors, Llc	2201 Interest of corporation controlled by you
Xie Pengfei	2201 Interest of corporation controlled by you

G-Resources Group (HKSE:01051) Headlines

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