Cafe de Coral Holdings (Cafe de Coral Holdings) Inventory Turnover : 13.74 (As of Sep. 2023)

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What is Cafe de Coral 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. Cafe de Coral Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $485 Mil. Cafe de Coral Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $35 Mil. Cafe de Coral Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 13.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cafe de Coral Holdings's Days Inventory for the six months ended in Sep. 2023 was 13.29.

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. Cafe de Coral Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

Cafe de Coral Holdings Inventory Turnover Historical Data

The historical data trend for Cafe de Coral 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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Cafe de Coral Holdings Inventory Turnover Chart

Cafe de Coral Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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30.54

28.97

25.58

25.77

25.56

Cafe de Coral Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															13.25	11.63	11.80	13.32	13.74

Cafe de Coral Holdings Inventory Turnover Calculation

Cafe de Coral Holdings'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 )
=	932.817	/ (	(38.802	+	34.177)	/	2 )
=	932.817	/	36.4895
=	25.56

Cafe de Coral Holdings'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	484.669	/ (	(34.177	+	36.39)	/	2 )
=	484.669	/	35.2835
=	13.74

Cafe de Coral Holdings (OTCPK:CFCGF) 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.

Cafe de Coral Holdings's Days Inventory for the six 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
	=	35.2835	/	484.669	*	365 / 2
	=	13.29

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.

Cafe de Coral Holdings'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 )
	=	35.2835	/	551.654
	=	0.06

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.

Cafe de Coral Holdings Inventory Turnover Related Terms

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Cafe de Coral Holdings (Cafe de Coral Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cafe de Coral Holdings Ltd (OTCPK:CFCGF) » Definitions » Inventory Turnover

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00341:Hong Kong

Address

No. 5-13 Wo Shui Street, Fo Tan, 10th Floor, Cafe de Coral Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.cafedecoral.com

Cafe de Coral Holdings Ltd is a restaurant and catering company. It operates quick service restaurants and institutional catering, fast casual and casual dining chains, as well as food processing and distribution business. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China.

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