Trustco Group Holdings (JSE:TTO) Inventory Turnover: 0.00 (As of Feb. 2024)

What is Trustco Group Holdings Inventory Turnover?

Trustco Group Holdings JSE:TTO 11 Inventory Turnover is 0.00 as of Feb. 2024. GuruFocus rates JSE:TTO with a GF Score™ of 11/100.

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. Trustco Group Holdings's Cost of Goods Sold for the six months ended in Feb. 2024 was R0.00 Mil. Trustco Group Holdings's Average Total Inventories for the quarter that ended in Feb. 2024 was R0.00 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. Trustco Group Holdings's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.

Trustco Group Holdings (JSE:TTO) 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.

Trustco Group Holdings's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Trustco Group Holdings's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0	/	17.087
	=	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.

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.

Trustco Group Holdings Inventory Turnover Related Terms

Trustco Group Holdings Inventory Turnover Historical Data

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The historical data trend for Trustco Group Holdings's Inventory Turnover can be seen below:

Trustco Group Holdings Inventory Turnover Chart

Trustco Group Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Aug22

Aug23

Inventory Turnover

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0.75

2.16

0.96

0.00

Trustco Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Feb22	Aug22	Feb23	Aug23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.01	-10.05	0.00	0.00	0.00

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Trustco Group Holdings Ltd JSE:TTO

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Trustco Group Holdings Inventory Turnover Calculation

Trustco Group Holdings's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Trustco Group Holdings's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Trustco Group Holdings (JSE:TTO) has a Inventory Turnover of 0.00 as of Feb. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Trustco Group Holdings and its competitors.

Is Trustco Group Holdings' Inventory Turnover too high?

Trustco Group Holdings' current Inventory Turnover is 0.00. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.

How does Trustco Group Holdings' Inventory Turnover compare to BLK and BX?

Trustco Group Holdings' Inventory Turnover of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Asset Management company?

A good Inventory Turnover depends on the Asset Management industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Trustco Group Holdings and its competitors. Trustco Group Holdings's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Trustco Group Holdings stock overvalued right now?

Trustco Group Holdings (JSE:TTO) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Trustco Group Holdings' overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Trustco Group Holdings (JSE:TTO), the current Inventory Turnover is 0.00 as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trustco Group Holdings Business Description

Industry Financial Services Asset Management

Comparable Companies JSE:GRSP JSE:ALV JSE:MHB JSE:EPE BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN OSTO:EQT ARES RJF STT XAMS:CVC TROW

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM

Website https://www.tgh.na

Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.

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