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Telecom Digital Holdings (HKSE:06033) Inventory Turnover : 3.07 (As of Sep. 2023)


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What is Telecom Digital 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. Telecom Digital Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$394 Mil. Telecom Digital Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$128 Mil. Telecom Digital Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telecom Digital Holdings's Days Inventory for the six months ended in Sep. 2023 was 59.41.

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. Telecom Digital Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.20.


Telecom Digital Holdings Inventory Turnover Historical Data

The historical data trend for Telecom Digital 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.

Telecom Digital Holdings Inventory Turnover Chart

Telecom Digital Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 7.10 9.74 12.90 9.24

Telecom Digital 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 5.35 4.37 5.90 3.07

Telecom Digital Holdings Inventory Turnover Calculation

Telecom Digital 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 )
=1036.415 / ((101.945 + 122.497) / 2 )
=1036.415 / 112.221
=9.24

Telecom Digital 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 )
=393.849 / ((122.497 + 133.941) / 2 )
=393.849 / 128.219
=3.07

* 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.


Telecom Digital Holdings  (HKSE:06033) 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.

Telecom Digital 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
=128.219/393.849*365 / 2
=59.41

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.

Telecom Digital 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 )
=128.219 / 641.846
=0.20

* 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.


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.


Telecom Digital Holdings Inventory Turnover Related Terms

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Telecom Digital Holdings (HKSE:06033) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Sheung Yuet Road, 19th Floor, YHC Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Telecom Digital Holdings Ltd is an investment holding company. The company is principally engaged in telecommunications and related business. The company's operating segment includes Product business; Operation Services; Properties Investment and other segments. The company generates maximum revenue from the Product business segment which is involved in the sales of electronic devices, other consumer goods, and related services.

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