Hygieia Group (HKSE:01650) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Hygieia 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. Hygieia Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$178.8 Mil. Hygieia 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. Hygieia Group's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

Hygieia Group Inventory Turnover Historical Data

The historical data trend for Hygieia 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.

* Premium members only.

Hygieia Group Inventory Turnover Chart

Hygieia Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

Hygieia Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Hygieia Group Inventory Turnover Calculation

Hygieia 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 )
=	337.379	/ (	(0	+	0)	/	1 )
=	337.379	/	0
=	N/A

Hygieia 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 )
=	178.75	/ (	(0	+	0)	/	1 )
=	178.75	/	0
=	N/A

Hygieia Group (HKSE:01650) 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.

Hygieia 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	/	178.75	*	365 / 2
	=	0.00

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.

Hygieia 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	/	207.648
	=	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.

Hygieia Group Inventory Turnover Related Terms

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

Hygieia Group (HKSE:01650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hygieia Group Ltd (HKSE:01650) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Tagore Drive, No. B1-02, Tagore Industrial Building, Singapore, SGP, 787623

Website

http://www.hygieiagroup.com

Hygieia Group Ltd and its subsidiaries are principally engaged in the provision of cleaning services. The company provide general cleaning works for a variety of public and private venues including a sports stadium, medical centres, shopping malls, commercial and industrial buildings, schools, hotels, private condominiums as well as public access areas in town councils in Singapore.

Executives

Chua Seok Joo	2202 Interest of your spouse
Tek Assets Management Limited	2101 Beneficial owner
Toh Eng Kui	2201 Interest of corporation controlled by you

Hygieia Group (HKSE:01650) Headlines

No Headlines