Tao Heung Holdings (HKSE:00573) Change In Inventory : HK$-7 Mil (TTM As of Dec. 2023)

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What is Tao Heung Holdings Change In Inventory?

Tao Heung Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$-20 Mil. It means Tao Heung Holdings's inventory increased by HK$20 Mil from Jun. 2023 to Dec. 2023 .

Tao Heung Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-7 Mil. It means Tao Heung Holdings's inventory increased by HK$7 Mil from Dec. 2022 to Dec. 2023 .

Tao Heung Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$133 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tao Heung Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 17.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tao Heung Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.54.

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. Tao Heung Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Tao Heung Holdings Change In Inventory Historical Data

The historical data trend for Tao Heung Holdings's Change In Inventory 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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Tao Heung Holdings Change In Inventory Chart

Tao Heung Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.94

12.46

15.22

16.43

-6.86

Tao Heung Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-14.62	25.28	-8.84	12.74	-19.60

Tao Heung Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7 Mil.

Tao Heung Holdings (HKSE:00573) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tao Heung Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	123.4035	/	1301	*	365 / 2
	=	17.31

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tao Heung Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1301	/	123.4035
	=	10.54

3. 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.

Tao Heung Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	123.4035	/	1444.809
	=	0.09

Tao Heung Holdings Change In Inventory Related Terms

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Tao Heung Holdings (HKSE:00573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (HKSE:00573) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

BVI:Germany

Address

Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.taoheung.com.hk

Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.

Executives

Chung Wai Ping	2101 Beneficial owner
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Tao Heung Holdings (HKSE:00573) Headlines

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