Tailam Tech Construction Holdings (HKSE:06193) Inventory Turnover : 6.67 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Tailam Tech Construction 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. Tailam Tech Construction Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$111.3 Mil. Tailam Tech Construction Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$16.7 Mil. Tailam Tech Construction Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 6.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tailam Tech Construction Holdings's Days Inventory for the six months ended in Dec. 2024 was 27.34.

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. Tailam Tech Construction Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Tailam Tech Construction Holdings Inventory Turnover Historical Data

The historical data trend for Tailam Tech Construction 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.

Tailam Tech Construction Holdings Inventory Turnover Chart

Tailam Tech Construction Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

23.62

23.75

12.93

12.31

9.68

Tailam Tech Construction Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial											6.50	5.78	5.70	4.25	6.67

Tailam Tech Construction Holdings Inventory Turnover Calculation

Tailam Tech Construction Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	178.275	/ (	(17.648	+	19.202)	/	2 )
=	178.275	/	18.425
=	9.68

Tailam Tech Construction Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	111.262	/ (	(14.14	+	19.202)	/	2 )
=	111.262	/	16.671
=	6.67

Tailam Tech Construction Holdings (HKSE:06193) 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.

Tailam Tech Construction Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	16.671	/	111.262	*	365 / 2
	=	27.34

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.

Tailam Tech Construction Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	16.671	/	124.108
	=	0.13

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.

Tailam Tech Construction Holdings Inventory Turnover Related Terms

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

Tailam Tech Construction Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tailam Tech Construction Holdings Ltd (HKSE:06193) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yuanbei Village, Wangbao Town, Nantong, Jiangsu Province, Qidong, Nantong, CHN

Website

https://www.tailamgroup.com

Tailam Tech Construction Holdings Ltd is engaged in the manufacturing and sale of pre-stressed high-strength concrete piles and commercial concrete in the People's Republic of China. It sells its products to property developers and construction companies. Geographically, it derives revenue from the People's Republic of China.

Executives

Glorycore Investment Holdings Limited
Wong Leung Yau	2201 Interest of corporation controlled by you
Apax Investment Holdings Limited	2101 Beneficial owner
Ma Wai Kwok	2202 Interest of your spouse
Wong Han Yu Alice	2201 Interest of corporation controlled by you
Ruan Yu Hang	2202 Interest of your spouse
Wang Chao Hong	2201 Interest of corporation controlled by you

Tailam Tech Construction Holdings Headlines

No Headlines