Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Inventory Turnover : 18.15 (As of Dec. 2023)

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What is Hutchison Telecommunications Hong Kong Holdings Lt 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. Hutchison Telecommunications Hong Kong Holdings Lt's Cost of Goods Sold for the six months ended in Dec. 2023 was $199.6 Mil. Hutchison Telecommunications Hong Kong Holdings Lt's Average Total Inventories for the quarter that ended in Dec. 2023 was $11.0 Mil. Hutchison Telecommunications Hong Kong Holdings Lt's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hutchison Telecommunications Hong Kong Holdings Lt's Days Inventory for the six months ended in Dec. 2023 was 10.06.

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. Hutchison Telecommunications Hong Kong Holdings Lt's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Hutchison Telecommunications Hong Kong Holdings Lt Inventory Turnover Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong Holdings Lt'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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Hutchison Telecommunications Hong Kong Holdings Lt Inventory Turnover Chart

Hutchison Telecommunications Hong Kong Holdings Lt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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39.51

33.88

36.57

30.89

28.63

Hutchison Telecommunications Hong Kong Holdings Lt 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															18.72	18.10	20.40	15.94	18.15

Hutchison Telecommunications Hong Kong Holdings Lt Inventory Turnover Calculation

Hutchison Telecommunications Hong Kong Holdings Lt'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 )
=	372.737	/ (	(12.845	+	13.189)	/	2 )
=	372.737	/	13.017
=	28.63

Hutchison Telecommunications Hong Kong Holdings Lt'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 )
=	199.621	/ (	(8.809	+	13.189)	/	2 )
=	199.621	/	10.999
=	18.15

Hutchison Telecommunications Hong Kong Holdings Lt (OTCPK:HTHKY) 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.

Hutchison Telecommunications Hong Kong Holdings Lt'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
	=	10.999	/	199.621	*	365 / 2
	=	10.06

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.

Hutchison Telecommunications Hong Kong Holdings Lt'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 )
	=	10.999	/	328.818
	=	0.03

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.

Hutchison Telecommunications Hong Kong Holdings Lt Inventory Turnover Related Terms

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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hutchison Telecommunications Hong Kong Holdings Lt (OTCPK:HTHKY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

HUTCY:USA 00215:Hong Kong

Address

2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.hthkh.com

Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.