GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chu Yu Hsiang Co Ltd (ROCO:2760) » Definitions » Inventory Turnover

Chu Yu Hsiang Co (ROCO:2760) Inventory Turnover : 76.21 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Chu Yu Hsiang 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. Chu Yu Hsiang Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$43.2 Mil. Chu Yu Hsiang Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$0.6 Mil. Chu Yu Hsiang Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 76.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chu Yu Hsiang Co's Days Inventory for the six months ended in Dec. 2023 was 2.39.

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. Chu Yu Hsiang Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Chu Yu Hsiang Co Inventory Turnover Historical Data

The historical data trend for Chu Yu Hsiang 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.

* Premium members only.

Chu Yu Hsiang Co Inventory Turnover Chart

Chu Yu Hsiang Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
299.95 283.93 367.02 305.12 194.76

Chu Yu Hsiang Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial 182.91 112.34 111.39 92.79 76.21

Chu Yu Hsiang Co Inventory Turnover Calculation

Chu Yu Hsiang Co'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 )
=88.031 / ((0.368 + 0.536) / 2 )
=88.031 / 0.452
=194.76

Chu Yu Hsiang Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=43.213 / ((0.598 + 0.536) / 2 )
=43.213 / 0.567
=76.21

* 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.

Chu Yu Hsiang Co  (ROCO:2760) 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.

Chu Yu Hsiang Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.567/43.213*365 / 2
=2.39

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.

Chu Yu Hsiang Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.567 / 113.073
=0.01

* 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.

Chu Yu Hsiang Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Chu Yu Hsiang Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Chu Yu Hsiang Co (ROCO:2760) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chu Yu Hsiang Co Ltd (ROCO:2760) » Definitions » Inventory Turnover
Comparable Companies
ROCO:2761 ROCO:2740 ROCO:3522 ROCO:2741 TPE:8940 ROCO:2751 ROCO:1259 ROCO:1269 ROCO:2758 ROCO:2755 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR YUMC DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
No. 88, Sec. 1, Huizhong Road, 21st Floor-2,, Xitun District, Taichung, TWN, 407
Website
https://www.dingtea.com
Chu Yu Hsiang Co Ltd operates a chain of cafe under the Ding Tea brand and sales of related products. The company's product portfolio includes flavored milk, flavored tea, fresh tea, classical flavored tea, yogurt, coffee and chocolate creamy mixture, and creamy milk.

Chu Yu Hsiang Co (ROCO:2760) Headlines

No Headlines