Tung Lok Restaurants(2000) (SGX:540) Inventory Turnover : 5.92 (As of Mar. 2024)

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What is Tung Lok Restaurants(2000) 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. Tung Lok Restaurants(2000)'s Cost of Goods Sold for the six months ended in Mar. 2024 was S$12.76 Mil. Tung Lok Restaurants(2000)'s Average Total Inventories for the quarter that ended in Mar. 2024 was S$2.16 Mil. Tung Lok Restaurants(2000)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 5.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tung Lok Restaurants(2000)'s Days Inventory for the six months ended in Mar. 2024 was 30.84.

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. Tung Lok Restaurants(2000)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Tung Lok Restaurants(2000) Inventory Turnover Historical Data

The historical data trend for Tung Lok Restaurants(2000)'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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Tung Lok Restaurants(2000) Inventory Turnover Chart

Tung Lok Restaurants(2000) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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12.64

10.35

9.16

12.86

12.07

Tung Lok Restaurants(2000) Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.10	6.44	6.49	6.07	5.92

Tung Lok Restaurants(2000) Inventory Turnover Calculation

Tung Lok Restaurants(2000)'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 )
=	25.324	/ (	(2.009	+	2.188)	/	2 )
=	25.324	/	2.0985
=	12.07

Tung Lok Restaurants(2000)'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	12.764	/ (	(2.126	+	2.188)	/	2 )
=	12.764	/	2.157
=	5.92

Tung Lok Restaurants(2000) (SGX:540) 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.

Tung Lok Restaurants(2000)'s Days Inventory for the six 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
	=	2.157	/	12.764	*	365 / 2
	=	30.84

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.

Tung Lok Restaurants(2000)'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 )
	=	2.157	/	47.412
	=	0.05

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.

Tung Lok Restaurants(2000) Inventory Turnover Related Terms

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Tung Lok Restaurants(2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tung Lok Restaurants(2000) Ltd (SGX:540) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057

Website

https://www.tunglok.com

Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, Shin Yeh, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company has operations in Singapore and the People's Republic of China of which Singapore contributes the vast majority of total revenue. It operates in the following business segments: Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.

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