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Top Wealth Group Holding (Top Wealth Group Holding) Change In Inventory : $1.92 Mil (TTM As of Dec. 2023)


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What is Top Wealth Group Holding Change In Inventory?

Top Wealth Group Holding's change in inventory for the quarter that ended in Dec. 2023 was $3.86 Mil. It means Top Wealth Group Holding's inventory declined by $3.86 Mil from Jun. 2023 to Dec. 2023 .

Top Wealth Group Holding's change in inventory for the fiscal year that ended in Dec. 2023 was $1.92 Mil. It means Top Wealth Group Holding's inventory declined by $1.92 Mil from Dec. 2022 to Dec. 2023 .

Top Wealth Group Holding's Total Inventories for the quarter that ended in Dec. 2023 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Top Wealth Group Holding's Days Inventory for the quarter that ended in Dec. 2023 was 51.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Top Wealth Group Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.54.

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. Top Wealth Group Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

Top Wealth Group Holding Change In Inventory Historical Data

The historical data trend for Top Wealth Group Holding's Change In Inventory 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.

Top Wealth Group Holding Change In Inventory Chart

Top Wealth Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
-0.25 -1.82 1.92

Top Wealth Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory - -0.80 -1.02 -1.94 3.86

Top Wealth Group Holding Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.92 Mil.

* 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.

Top Wealth Group Holding  (NAS:TWG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Top Wealth Group Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.0845/7.37*365 / 2
=51.62

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Top Wealth Group Holding's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.37 / 2.0845
=3.54

3. 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.

Top Wealth Group Holding's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.0845 / 9.977
=0.21

* 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.

Top Wealth Group Holding Change In Inventory Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

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Address
118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG
Website
https://www.imperialcristalcaviar.com
Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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