TOP Financial Group (TOP Financial Group) Days Inventory : 0.00 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is TOP Financial Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TOP Financial Group's Average Total Inventories for the six months ended in Sep. 2023 was $0.00 Mil. TOP Financial Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $2.15 Mil. Hence, TOP Financial Group's Days Inventory for the six months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for TOP Financial Group's Days Inventory or its related term are showing as below:

TOP's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 62.495
* Ranked among companies with meaningful Days Inventory only.

TOP Financial Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

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

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. TOP Financial Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

TOP Financial Group Days Inventory Historical Data

The historical data trend for TOP Financial Group's Days 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.

* Premium members only.

TOP Financial Group Days Inventory Chart

TOP Financial Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

TOP Financial Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of TOP Financial Group's Days Inventory

For the Capital Markets subindustry, TOP Financial Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TOP Financial Group's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where TOP Financial Group's Days Inventory falls into.

TOP Financial Group Days Inventory Calculation

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

TOP Financial Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.828	*	365
=	0					/	3.828	*	365
=	0.00

TOP Financial Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.145	*	365 / 2
=	0					/	2.145	*	365 / 2
=	0.00

TOP Financial Group (NAS:TOP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

TOP Financial Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.145	/	0
	=

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.

TOP Financial Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	7.149
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

TOP Financial Group Days Inventory Related Terms

Thank you for viewing the detailed overview of TOP Financial Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

TOP Financial Group (TOP Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TOP Financial Group Ltd (NAS:TOP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, Room 1101, Hong Kong, HKG

Website

https://www.zyfgl.com

TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.