KML Technology Group (HKSE:08065) Inventory Turnover : 158.74 (As of Sep. 2023)

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What is KML Technology 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. KML Technology Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$37.5 Mil. KML Technology Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.2 Mil. KML Technology Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 158.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KML Technology Group's Days Inventory for the three months ended in Sep. 2023 was 0.57.

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. KML Technology Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

KML Technology Group Inventory Turnover Historical Data

The historical data trend for KML Technology 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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KML Technology Group Inventory Turnover Chart

KML Technology Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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297.67

377.99

514.10

457.52

606.86

KML Technology Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															108.58	116.26	234.30	164.61	158.74

KML Technology Group Inventory Turnover Calculation

KML Technology Group's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	143.523	/ (	(0.237	+	0.236)	/	2 )
=	143.523	/	0.2365
=	606.86

KML Technology Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	37.462	/ (	(0	+	0.236)	/	1 )
=	37.462	/	0.236
=	158.74

KML Technology Group (HKSE:08065) 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.

KML Technology Group's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.236	/	37.462	*	365 / 4
	=	0.57

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.

KML Technology Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.236	/	43.604
	=	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.

KML Technology Group Inventory Turnover Related Terms

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KML Technology Group (HKSE:08065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KML Technology Group Ltd (HKSE:08065) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Siu Lek Yuen Road, B12, Ground Floor, Shatin Industrial Centre, Shatin, New Territories, Hong Kong, HKG

Website

http://www.kml.com.hk

KML Technology Group Ltd is an investment holding company. The company is engaged in the provision of electrical and mechanical engineering solutions and services. Its operating segment includes Transportation Mission Critical System Solutions, Mobile Ticketing and Digital Payment Solutions and Services, M&E Technology Solutions and Engineering Services and Digital Fabrication and Maintenance Services. The company generates maximum revenue from Digital Fabrication and Maintenance Service segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Taiwan, Singapore, Canada, and Others Countries. It also provides security and access control systems, railway station engineering services and architectural works and others.

Executives

Luk Yin Cheung	2202 Interest of your spouse
Woo Siu Wai	2101 Beneficial owner
Leung Kwok Yee	2202 Interest of your spouse
Luk Kam Ming	2101 Beneficial owner
Kml Holdings Limited
Chan Patricia
Luk Kwai Lung

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