Tomson Group (HKSE:00258) Inventory Turnover : 0.01 (As of Dec. 2023)

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What is Tomson 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. Tomson Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$31.9 Mil. Tomson Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$6,065.7 Mil. Tomson Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tomson Group's Days Inventory for the six months ended in Dec. 2023 was 34,680.14.

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. Tomson Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 28.95.

Tomson Group Inventory Turnover Historical Data

The historical data trend for Tomson 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.

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Tomson Group Inventory Turnover Chart

Tomson Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.07

0.08

0.02

0.03

Tomson Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.01	0.02	-	0.02	0.01

Tomson Group Inventory Turnover Calculation

Tomson Group'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 )
=	156.303	/ (	(5834.222	+	6291.639)	/	2 )
=	156.303	/	6062.9305
=	0.03

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	31.92	/ (	(5839.758	+	6291.639)	/	2 )
=	31.92	/	6065.6985
=	0.01

Tomson Group (HKSE:00258) 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.

Tomson Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6065.6985	/	31.92	*	365 / 2
	=	34,680.14

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6065.6985	/	209.519
	=	28.95

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.

Tomson Group Inventory Turnover Related Terms

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Tomson Group (HKSE:00258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tomson Group Ltd (HKSE:00258) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, Rooms 1501-2 and 1507-12, 15th Floor, Wing On Centre, Hong kong, HKG

Website

https://www.tomson.com.hk

Tomson Group Ltd is an investment holding company engaged in property and entertainment businesses. The company operates in various segments such as the Property Investment segment, which is engaged in the management and leasing of properties. Property Development and trading segment are engaged in the development and sales of commercial and industrial properties. The leisure segment is engaged in golf clubs operation and the provision of related services. Media and Entertainment segment is engaged in the investment in concerts and film distribution. The company is also engaged in securities trading. The Group's operations are located in Hong Kong, Macau and Mainland China.

Executives

King China Holdings Limited	2101 Beneficial owner
Step Famous Investment Limited	2101 Beneficial owner
E-shares Investments Limited	2101 Beneficial owner
Hsu Feng	2101 Beneficial owner
Tong Chi Kar Charles	2101 Beneficial owner
Tong Albert	2101 Beneficial owner
Rivera (holdings) Limited	2101 Beneficial owner

Tomson Group (HKSE:00258) Headlines

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