Tenfu (Cayman) Holdings Co (HKSE:06868) Inventory Turnover : 0.37 (As of Dec. 2024)

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What is Tenfu (Cayman) Holdings Co 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. Tenfu (Cayman) Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$394 Mil. Tenfu (Cayman) Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$1,057 Mil. Tenfu (Cayman) Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tenfu (Cayman) Holdings Co's Days Inventory for the six months ended in Dec. 2024 was 489.47.

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. Tenfu (Cayman) Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.32.

Tenfu (Cayman) Holdings Co Inventory Turnover Historical Data

The historical data trend for Tenfu (Cayman) Holdings Co'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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Tenfu (Cayman) Holdings Co Inventory Turnover Chart

Tenfu (Cayman) Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.83

0.82

0.71

0.76

Tenfu (Cayman) Holdings Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.41	0.36	0.41	0.38	0.37

Tenfu (Cayman) Holdings Co Inventory Turnover Calculation

Tenfu (Cayman) Holdings Co'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 )
=	807.496	/ (	(1111.235	+	1025.173)	/	2 )
=	807.496	/	1068.204
=	0.76

Tenfu (Cayman) Holdings Co'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 )
=	394.063	/ (	(1088.594	+	1025.173)	/	2 )
=	394.063	/	1056.8835
=	0.37

Tenfu (Cayman) Holdings Co (HKSE:06868) 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.

Tenfu (Cayman) Holdings Co'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
	=	1056.8835	/	394.063	*	365 / 2
	=	489.47

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.

Tenfu (Cayman) Holdings Co'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 )
	=	1056.8835	/	802.217
	=	1.32

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.

Tenfu (Cayman) Holdings Co Inventory Turnover Related Terms

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Tenfu (Cayman) Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tenfu (Cayman) Holdings Co Ltd (HKSE:06868) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Building C, No. 25 Jiahe Road, Xinjing Commerce Center, Xiamen, CHN

Website

http://www.tenfu.com

Tenfu (Cayman) Holdings Co Ltd is a China-based tea product company. It is engaged in marketing and sale of tea products, and development of product concepts, tastes, and packaging designs, through its subsidiaries. The main product segments of the company are Tea leaves, Tea snacks, and Teaware. The group offers green tea, black tea, oolong tea, scented tea, white tea, and other tea products. It principally operates in China and generates the majority of the revenue from the Tea leaves segment.

Executives

Lee Chia Ling	2307 Founder of a discretionary trust who can infl
Lee Kuo-lin	2305 Beneficiary of a trust
Lee Rie-ho	2201 Interest of corporation controlled by you
Spring Cheers Overseas Ltd	2101 Beneficial owner
Tsai Shan Jen	2101 Beneficial owner
Zhou Nannan	2202 Interest of your spouse
Lee John L	2305 Beneficiary of a trust
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Trackson Investments Limited	2101 Beneficial owner
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Discerning Group Limited	2101 Beneficial owner
Lee Tsai Li Li	2202 Interest of your spouse

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