Peiport Holdings (Peiport Holdings) Inventory Turnover : 1.46 (As of Dec. 2023)

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What is Peiport 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. Peiport Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $13.55 Mil. Peiport Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $9.26 Mil. Peiport Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Peiport Holdings's Days Inventory for the six months ended in Dec. 2023 was 124.71.

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. Peiport Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Peiport Holdings Inventory Turnover Historical Data

The historical data trend for Peiport 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.

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Peiport Holdings Inventory Turnover Chart

Peiport Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.96

3.50

2.84

2.86

2.94

Peiport Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											1.65	1.15	1.47	1.21	1.46

Peiport Holdings Inventory Turnover Calculation

Peiport Holdings'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 )
=	23.381	/ (	(6.8	+	9.12)	/	2 )
=	23.381	/	7.96
=	2.94

Peiport 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	13.549	/ (	(9.397	+	9.12)	/	2 )
=	13.549	/	9.2585
=	1.46

Peiport Holdings (OTCPK:PPRTF) 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.

Peiport Holdings'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
	=	9.2585	/	13.549	*	365 / 2
	=	124.71

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.

Peiport 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 )
	=	9.2585	/	18.904
	=	0.49

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.

Peiport Holdings Inventory Turnover Related Terms

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Peiport Holdings (Peiport Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Peiport Holdings Ltd (OTCPK:PPRTF) » Definitions » Inventory Turnover

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02885:Hong Kong

Address

No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.peiport.com

Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services; self-stabilised imaging products and services; and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. The products and services in thermal imaging segment are divided into three categories products under its own brand name, PTi; products of other brands; and thermal imaging inspection services. It operates in Mainland China, Hong Kong and Macau, and Overseas, with majority of the revenue deriving from Mainland China.

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