GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zhong Yang Financial Group Ltd (FRA:X8J) » Definitions » Inventory Turnover

Zhong Yang Financial Group (FRA:X8J) Inventory Turnover : 0.00 (As of Sep. 2023)


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

What is Zhong Yang Financial Group 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. Zhong Yang Financial Group's Cost of Goods Sold for the six months ended in Sep. 2023 was €2.01 Mil. Zhong Yang Financial Group's Average Total Inventories for the quarter that ended in Sep. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhong Yang Financial Group's Days Inventory for the six months ended in Sep. 2023 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. Zhong Yang Financial Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Zhong Yang Financial Group Inventory Turnover Historical Data

The historical data trend for Zhong Yang Financial Group'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.

Zhong Yang Financial Group Inventory Turnover Chart

Zhong Yang Financial Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory Turnover
- - - -

Zhong Yang Financial Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory Turnover Get a 7-Day Free Trial - - - - -

Zhong Yang Financial Group Inventory Turnover Calculation

Zhong Yang Financial Group's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=3.575 / ((0 + 0) / 1 )
=3.575 / 0
=N/A

Zhong Yang Financial Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=2.01 / ((0 + 0) / 1 )
=2.01 / 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.

Zhong Yang Financial Group  (FRA:X8J) 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.

Zhong Yang Financial Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/2.01*365 / 2
=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.

Zhong Yang Financial Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 6.699
=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.

Zhong Yang Financial Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Zhong Yang Financial Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhong Yang Financial Group (FRA:X8J) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zhong Yang Financial Group Ltd (FRA:X8J) » Definitions » Inventory Turnover
Comparable Companies
HGBL CRKRD BTBT MDBH CURN IREN SIEB SRL MATH MFH MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
TOP:USA
Address
118 Connaught Road West, Room 1101, Hong Kong, HKG
Website
https://www.zyfgl.com
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.

Zhong Yang Financial Group (FRA:X8J) Headlines

No Headlines