A-Living Smart City Services Co (HKSE:03319) Inventory Turnover : 150.21 (As of Dec. 2023)

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What is A-Living Smart City Services Co 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. A-Living Smart City Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$7,299 Mil. A-Living Smart City Services Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$49 Mil. A-Living Smart City Services Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 150.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. A-Living Smart City Services Co's Days Inventory for the six months ended in Dec. 2023 was 1.21.

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. A-Living Smart City Services Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

A-Living Smart City Services Co Inventory Turnover Historical Data

The historical data trend for A-Living Smart City Services Co'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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A-Living Smart City Services Co Inventory Turnover Chart

A-Living Smart City Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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232.82

463.17

359.67

268.88

296.00

A-Living Smart City Services Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial												190.60	140.20	145.94	124.64	150.21

A-Living Smart City Services Co Inventory Turnover Calculation

A-Living Smart City Services Co'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 )
=	13998.071	/ (	(52.45	+	42.13)	/	2 )
=	13998.071	/	47.29
=	296.00

A-Living Smart City Services Co'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 )
=	7298.728	/ (	(55.051	+	42.13)	/	2 )
=	7298.728	/	48.5905
=	150.21

A-Living Smart City Services Co (HKSE:03319) 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.

A-Living Smart City Services Co'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
	=	48.5905	/	7298.728	*	365 / 2
	=	1.21

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.

A-Living Smart City Services Co'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 )
	=	48.5905	/	8471.249
	=	0.01

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.

A-Living Smart City Services Co Inventory Turnover Related Terms

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A-Living Smart City Services Co (HKSE:03319) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » A-Living Smart City Services Co Ltd (HKSE:03319) » Definitions » Inventory Turnover

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1V0:Germany

Address

26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agileliving.com.cn

A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

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