GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Grand Fortune Securities Co Ltd (ROCO:6026) » Definitions » Inventory Turnover

Grand Fortune Securities Co (ROCO:6026) Inventory Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Grand Fortune Securities 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. Grand Fortune Securities Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3 Mil. Grand Fortune Securities Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Fortune Securities Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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 Fortune Securities Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Grand Fortune Securities Co Inventory Turnover Historical Data

The historical data trend for Grand Fortune Securities 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.

Grand Fortune Securities Co Inventory Turnover Chart

Grand Fortune Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Grand Fortune Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Grand Fortune Securities Co Inventory Turnover Calculation

Grand Fortune Securities 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 )
=7.4359999999999 / ((0 + 0) / 1 )
=7.4359999999999 / 0
=N/A

Grand Fortune Securities Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=3.229 / ((0 + 0) / 1 )
=3.229 / 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 Fortune Securities Co  (ROCO:6026) 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 Fortune Securities Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/3.229*365 / 4
=0.00

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 Fortune Securities Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 416.887
=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.

Grand Fortune Securities Co Inventory Turnover Related Terms

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

Grand Fortune Securities Co (ROCO:6026) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Grand Fortune Securities Co Ltd (ROCO:6026) » Definitions » Inventory Turnover
Comparable Companies
ROCO:6021 ROCO:6020 ROCO:5864 ROCO:6015 ROCO:3158 ROCO:6016 ROCO:6027 TPE:6024 ROCO:6023 TPE:2820 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
Zhongxiao West Road, 5th, 6th, 7th floor, No. 6, Section 1, Zhongzheng District, Taipei, TWN
Website
https://www.gfortune.com.tw
Grand Fortune Securities Co Ltd is a Taiwan-based integrated securities house, that runs businesses of the underwriting of marketable securities, proprietary trading, brokerage of marketable securities, stock registrar, and other securities-related businesses approved by the regulators.

Grand Fortune Securities Co (ROCO:6026) Headlines

No Headlines