AGBA Group Holding (AGBA Group Holding) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is AGBA Group Holding 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. AGBA Group Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $10.51 Mil. AGBA Group Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AGBA Group Holding'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. AGBA Group Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

AGBA Group Holding Inventory Turnover Historical Data

The historical data trend for AGBA Group Holding'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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AGBA Group Holding Inventory Turnover Chart

AGBA Group Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

AGBA Group Holding Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

AGBA Group Holding Inventory Turnover Calculation

AGBA Group Holding'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 )
=	64.506	/ (	(0	+	0)	/	1 )
=	64.506	/	0
=	N/A

AGBA Group Holding'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 )
=	10.505	/ (	(0	+	0)	/	1 )
=	10.505	/	0
=	N/A

AGBA Group Holding (NAS:AGBA) 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.

AGBA Group Holding'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	/	10.505	*	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.

AGBA Group Holding'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	/	7.656
	=	0.00

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.

AGBA Group Holding Inventory Turnover Related Terms

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AGBA Group Holding (AGBA Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AGBA Group Holding Ltd (NAS:AGBA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

D6D:Germany

Address

68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG

Website

https://www.agba.com

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

Executives

Yun Pun Wong	director	UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Tag Holdings Ltd	10 percent owner	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wong Suet Fai Almond	director	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wing Fai Ng	director, officer: Chairman (PEO) and ED	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Richard Kong	officer: Deputy CFO/Company Secretary	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Jeroen Nieuwkoop	officer: Chief Strategy Officer	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Shu Pei Huang Desmond	officer: Acting Group CFO (PFO)	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Eric Sc Lam	director	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Gordon Kk Lee	director, officer: Chief Executive Officer	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Vera Zl Tan	director, officer: Chief Financial Officer	ROOM 1108, 11TH FLOOR, BLOCKB, NEW MADISON PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Ng Thomas Kwok On	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Chan Brian Chunhg Yau	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000