Bosa Technology Holdings (HKSE:08140) Inventory Turnover : 2.54 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Bosa Technology Holdings 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. Bosa Technology Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$12.3 Mil. Bosa Technology Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$4.8 Mil. Bosa Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bosa Technology Holdings's Days Inventory for the three months ended in Dec. 2023 was 35.94.

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. Bosa Technology Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Bosa Technology Holdings Inventory Turnover Historical Data

The historical data trend for Bosa Technology Holdings'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.

Bosa Technology Holdings Inventory Turnover Chart

Bosa Technology Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

9.38

10.42

9.35

7.66

7.18

Bosa Technology Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.96	1.66	2.66	2.17	2.54

Bosa Technology Holdings Inventory Turnover Calculation

Bosa Technology Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	59.928	/ (	(10.545	+	6.157)	/	2 )
=	59.928	/	8.351
=	7.18

Bosa Technology Holdings'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	12.258	/ (	(0	+	4.828)	/	1 )
=	12.258	/	4.828
=	2.54

Bosa Technology Holdings (HKSE:08140) 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.

Bosa Technology Holdings's Days Inventory for the three 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
	=	4.828	/	12.258	*	365 / 4
	=	35.94

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.

Bosa Technology Holdings'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 )
	=	4.828	/	24.489
	=	0.20

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.

Bosa Technology Holdings Inventory Turnover Related Terms

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

Bosa Technology Holdings (HKSE:08140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bosa Technology Holdings Ltd (HKSE:08140) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG

Website

https://www.bosa-tech.com

Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.

Executives

Kwan Tek Sian	2201 Interest of corporation controlled by you
Kin Sun Creative Company Ltd	2101 Beneficial owner
Ha Jasmine Nim Chi	2202 Interest of your spouse
Chan Ching	2202 Interest of your spouse
Lim Su I	2101 Beneficial owner
Yang Tien Lee	2101 Beneficial owner
Wang Yu Ju	2202 Interest of your spouse
Wang Wann Bao	2101 Beneficial owner
Wang Yu Ju	2202 Interest of your spouse
Chiu Yin Mei	2101 Beneficial owner
Chan Ching	2202 Interest of your spouse
Ng Pei Ying	2202 Interest of your spouse
Lim Paulino	2101 Beneficial owner
Yang Tien Lee	2101 Beneficial owner
Wang Wann Bao	2101 Beneficial owner

Bosa Technology Holdings (HKSE:08140) Headlines

No Headlines