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Grand Talents Group Holdings (HKSE:08516) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is Grand Talents Group 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. Grand Talents Group Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$0.00 Mil. Grand Talents Group Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$0.00 Mil.

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.


Grand Talents Group Holdings Inventory Turnover Historical Data

The historical data trend for Grand Talents Group 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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Grand Talents Group Holdings Inventory Turnover Chart

Grand Talents Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
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Grand Talents Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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Grand Talents Group Holdings Inventory Turnover Calculation

Grand Talents Group Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=15.832 / ((0 + 0) / 1 )
=15.832 / 0
=N/A

Grand Talents Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Grand Talents Group Holdings  (HKSE:08516) 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.

Grand Talents Group Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:

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

Grand Talents Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

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


Grand Talents Group Holdings Inventory Turnover Related Terms

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Grand Talents Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Wang Kwong Road, Office 15, 9th Floor, Mega Cube, Kowloon, Hong Kong, HKG
Grand Talents Group Holdings Ltd is an investment holding company engaged in civil engineering construction works. The group principally repairs and maintains structures of roads and highways in Hong Kong. The business activities of the group function through Civil engineering construction work and Repair & maintenance work segments. Under the works Civil engineering segment, the group focuses on road and highway-related infrastructures, whereas the Repair and maintenance works include repair and maintenance work of structures of roads and highways. The company derives a majority of revenue from the Repair and maintenance works segment. All the operations generally function in Hong Kong.
Executives
Chen Jiaduo 2101 Beneficial owner
Ha Chak Hung 2401 A concert party to an agreement to buy shares
Ip Chu Shing 2101 Beneficial owner
Talent Prime Group Limited 2101 Beneficial owner
Chung Ching Yan 2202 Interest of your spouse
Lee Ming Ho 2202 Interest of your spouse
Zhao Yue 2202 Interest of your spouse
Lau Yik Lok 2201 Interest of corporation controlled by you
Jun Sheng Kong Gu You Xian Gong Si 2101 Beneficial owner
Yu Yong You Xian Gong Si 2101 Beneficial owner

Grand Talents Group Holdings Headlines

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