Travel Expert (Asia) Enterprises (HKSE:01235) Change In Inventory : HK$0.00 Mil (TTM As of Sep. 2023)

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What is Travel Expert (Asia) Enterprises Change In Inventory?

Travel Expert (Asia) Enterprises's change in inventory for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means Travel Expert (Asia) Enterprises's inventory stayed the same from Mar. 2023 to Sep. 2023 .

Travel Expert (Asia) Enterprises's change in inventory for the fiscal year that ended in Mar. 2023 was HK$0.20 Mil. It means Travel Expert (Asia) Enterprises's inventory declined by HK$0.20 Mil from Mar. 2022 to Mar. 2023 .

Travel Expert (Asia) Enterprises's Total Inventories for the quarter that ended in Sep. 2023 was HK$1.79 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Travel Expert (Asia) Enterprises's Days Inventory for the quarter that ended in Sep. 2023 was 11.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Travel Expert (Asia) Enterprises's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.34.

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. Travel Expert (Asia) Enterprises's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

Travel Expert (Asia) Enterprises Change In Inventory Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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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Travel Expert (Asia) Enterprises Change In Inventory Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-1.99

0.25

1.09

0.11

0.20

Travel Expert (Asia) Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Travel Expert (Asia) Enterprises 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Travel Expert (Asia) Enterprises (HKSE:01235) Change In Inventory Explanation

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

Travel Expert (Asia) Enterprises's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.9265	/	29.545	*	365 / 2
	=	11.90

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

Travel Expert (Asia) Enterprises's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.545	/	1.9265
	=	15.34

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.

Travel Expert (Asia) Enterprises's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.9265	/	59.549
	=	0.03

Travel Expert (Asia) Enterprises Change In Inventory Related Terms

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Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

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