Tam Jai International Co (HKSE:02217) Inventory Turnover : 15.36 (As of Sep. 2023)

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What is Tam Jai International Co 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. Tam Jai International Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$360 Mil. Tam Jai International Co's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$23 Mil. Tam Jai International Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tam Jai International Co's Days Inventory for the six months ended in Sep. 2023 was 11.88.

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. Tam Jai International Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Tam Jai International Co Inventory Turnover Historical Data

The historical data trend for Tam Jai International Co'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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Tam Jai International Co Inventory Turnover Chart

Tam Jai International Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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35.54

30.97

80.98

71.73

62.32

Tam Jai International Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					59.70	18.58	48.26	15.36	46.77

Tam Jai International Co Inventory Turnover Calculation

Tam Jai International Co'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 )
=	1406.754	/ (	(16.046	+	23.176)	/	2 )
=	1406.754	/	19.611
=	71.73

Tam Jai International Co'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 )
=	360.297	/ (	(23.176	+	23.746)	/	2 )
=	360.297	/	23.461
=	15.36

Tam Jai International Co (HKSE:02217) 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.

Tam Jai International Co'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
	=	23.461	/	360.297	*	365 / 2
	=	11.88

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.

Tam Jai International Co'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 )
	=	23.461	/	1387.369
	=	0.02

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.

Tam Jai International Co Inventory Turnover Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tam Jai International Co Ltd (HKSE:02217) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

29S:Germany

Address

No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.tamjai-intl.com

Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Executives

Awata Takaya	2201 Interest of corporation controlled by you
Awata Toshimi	2202 Interest of your spouse
Toridoll Holding Limited	2101 Beneficial owner
Toridoll Holdings Corporation	2201 Interest of corporation controlled by you

Tam Jai International Co (HKSE:02217) Headlines

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