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RMH Holdings (HKSE:08437) Inventory Turnover : 0.00 (As of Jun. 2024)


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What is RMH 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. RMH Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.00 Mil. RMH Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$5.85 Mil. RMH Holdings's Inventory Turnover for the quarter that ended in Jun. 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.


RMH Holdings Inventory Turnover Historical Data

The historical data trend for RMH 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.

RMH Holdings Inventory Turnover Chart

RMH Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 5.74 4.85 0.09 3.30 1.62

RMH Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 0.32 0.33 0.30 0.64 -

RMH Holdings Inventory Turnover Calculation

RMH Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=9.598 / ((6.059 + 5.822) / 2 )
=9.598 / 5.9405
=1.62

RMH Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=0 / ((5.822 + 5.876) / 2 )
=0 / 5.849
=0.00

* 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.


RMH Holdings  (HKSE:08437) 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.

RMH Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=5.849/0*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.

RMH Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=5.849 / 0
=

* 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.


RMH Holdings Inventory Turnover Related Terms

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RMH Holdings Business Description

Traded in Other Exchanges
N/A
Address
290 Orchard Road, No. 17-01/02 Paragon (Office Tower), Singapore, SGP, 238859
RMH Holdings Ltd is an investment holding company engaged in the provision of aesthetic dermatology and treatment services, the trading of healthcare and wellness products and nutritional supplements, and the provision of dental implant and oral healthcare-related medical services and sales of related products. The group has two operating segments; Dental services include revenue from orthodontics and implantology services, and Trading sales include supplies of health supplement products and medical products including hand sanitizer, disposable medical masks, and other medical products. It derives a majority of its revenue from its operation in Singapore.
Executives
Brisk Success Holdings Limited 2101 Beneficial owner
Loh Teck Hiong 2201 Interest of corporation controlled by you
Fung Yuen Yee 2202 Interest of your spouse
Li Mingcheng 2201 Interest of corporation controlled by you
Xiang Gang Min Zhong Jian Kang Tou Zi Guan Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Victory Spring Ventures Limited 2101 Beneficial owner
Ye Zhichun 2101 Beneficial owner

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