Timeless Resources Holdings (HAM:TLW0) Inventory Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Timeless Resources 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. Timeless Resources Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.00 Mil. Timeless Resources Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was €0.42 Mil. Timeless Resources Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

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

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.

Timeless Resources Holdings Inventory Turnover Historical Data

The historical data trend for Timeless Resources 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.

* Premium members only.

Timeless Resources Holdings Inventory Turnover Chart

Timeless Resources Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

6.38

9.62

4.28

2.76

69.64

Timeless Resources Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.79	0.79	0.79	-	-

Timeless Resources Holdings Inventory Turnover Calculation

Timeless Resources Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	5.571	/ (	(0.014	+	0.146)	/	2 )
=	5.571	/	0.08
=	69.64

Timeless Resources Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(0.146	+	0.703)	/	2 )
=	0	/	0.4245
=	0.00

Timeless Resources Holdings (HAM:TLW0) 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.

Timeless Resources Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.4245	/	0	*	365 / 4
	=

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.

Timeless Resources Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.4245	/	0
	=

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.

Timeless Resources Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Timeless Resources Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Timeless Resources Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Timeless Resources Holdings Ltd (HAM:TLW0) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

08028:Hong Kong TLW0:Germany TLW0:Germany

Address

118 Connaught Road West, Room 2208, Hong Kong, HKG

Website

https://www.timeless.com.hk

Timeless Resources Holdings Ltd acts as an investment holding company. The company operates through two segments, Mining and Metal Business and Software and Innovation Business. the Mining and Metal business is involved in the exploration, development and exploitation of mines and trading of meta. The Software and Innovation Business segment is into research, development, and sale agency of bio and nanomaterials products as well as investments in startup funds, software maintenance, and development services. In addition to these operating segments, the Group has an investment in various projects including e-sports tournament services, nano applications as well as smart farming solutions and services. Its geographical segments are Hong Kong and Mainland China.

Timeless Resources Holdings Headlines

No Headlines