Fameglow Holdings (HKSE:08603) Inventory Turnover : 0.77 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Fameglow Holdings 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. Fameglow Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$7.6 Mil. Fameglow Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$10.0 Mil. Fameglow Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fameglow Holdings's Days Inventory for the three months ended in Sep. 2023 was 119.15.

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. Fameglow Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.17.

Fameglow Holdings Inventory Turnover Historical Data

The historical data trend for Fameglow Holdings'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.

Fameglow Holdings Inventory Turnover Chart

Fameglow Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

2.40

1.93

2.51

2.94

Fameglow Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.68	0.63	1.24	1.05	0.77

Fameglow Holdings Inventory Turnover Calculation

Fameglow Holdings'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 )
=	27.982	/ (	(12.001	+	7.058)	/	2 )
=	27.982	/	9.5295
=	2.94

Fameglow Holdings'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	7.639	/ (	(0	+	9.975)	/	1 )
=	7.639	/	9.975
=	0.77

Fameglow Holdings (HKSE:08603) 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.

Fameglow Holdings's Days Inventory for the three 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
	=	9.975	/	7.639	*	365 / 4
	=	119.15

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.

Fameglow Holdings'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 )
	=	9.975	/	58.401
	=	0.17

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.

Fameglow Holdings Inventory Turnover Related Terms

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

Fameglow Holdings (HKSE:08603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fameglow Holdings Ltd (HKSE:08603) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Wing Hong Street, Unit 304, Global Gateway Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.fameglow.com

Fameglow Holdings Ltd acts as an investment holding company. Through its subsidiaries, it is principally engaged in the provision of treatment services and the sale of skincare products in Hong Kong. The firm's treatment services comprise Energy-based procedures, minimally invasive procedures, and Traditional beauty services. The majority of revenue gets derived from Energy-based procedures. the company's revenue is derived from hong kong only.

Executives

Equal Joy Holdings Limited	2101 Beneficial owner
Fu Chi Ching	2201 Interest of corporation controlled by you
Yip Chun Kwok Danny	2201 Interest of corporation controlled by you

Fameglow Holdings (HKSE:08603) Headlines

No Headlines