Tsui Wah Holdings (HKSE:01314) Inventory Turnover : 31.24 (As of Sep. 2023)

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What is Tsui Wah 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. Tsui Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$300.1 Mil. Tsui Wah Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$9.6 Mil. Tsui Wah Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 31.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tsui Wah Holdings's Days Inventory for the six months ended in Sep. 2023 was 5.84.

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. Tsui Wah Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Tsui Wah Holdings Inventory Turnover Historical Data

The historical data trend for Tsui Wah 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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Tsui Wah Holdings Inventory Turnover Chart

Tsui Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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61.35

52.76

36.10

39.34

47.40

Tsui Wah 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															21.03	19.33	18.97	23.32	31.24

Tsui Wah Holdings Inventory Turnover Calculation

Tsui Wah 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 )
=	538.15	/ (	(14.01	+	8.695)	/	2 )
=	538.15	/	11.3525
=	47.40

Tsui Wah 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 )
=	300.147	/ (	(8.695	+	10.518)	/	2 )
=	300.147	/	9.6065
=	31.24

Tsui Wah Holdings (HKSE:01314) 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.

Tsui Wah 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
	=	9.6065	/	300.147	*	365 / 2
	=	5.84

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.

Tsui Wah 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 )
	=	9.6065	/	497.285
	=	0.02

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.

Tsui Wah Holdings Inventory Turnover Related Terms

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Tsui Wah Holdings (HKSE:01314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tsui Wah Holdings Ltd (HKSE:01314) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG

Website

https://www.tsuiwah.com

Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.

Executives

Cheung Yu To	2103 Interests held jointly with another person
Ho Ting Chi	2103 Interests held jointly with another person
Chan Choi Fung	2202 Interest of your spouse
Lee Yuen Hong	2103 Interests held jointly with another person
Cheung Wai Keung	2103 Interests held jointly with another person
Cheung Yue Pui	2103 Interests held jointly with another person
Lam Hiu Man	2202 Interest of your spouse
Lui Ning	2202 Interest of your spouse
Tai Ngan Har Talia	2202 Interest of your spouse
Woo Chun Li	2202 Interest of your spouse

Tsui Wah Holdings (HKSE:01314) Headlines

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