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Tai Hing Group Holdings (HKSE:06811) Change In Inventory : HK$0 Mil (TTM As of Dec. 2023)


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What is Tai Hing Group Holdings Change In Inventory?

Tai Hing Group Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Tai Hing Group Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Tai Hing Group Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$1 Mil. It means Tai Hing Group Holdings's inventory declined by HK$1 Mil from Dec. 2022 to Dec. 2023 .

Tai Hing Group Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$87 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tai Hing Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 36.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tai Hing Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.05.

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. Tai Hing Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


Tai Hing Group Holdings Change In Inventory Historical Data

The historical data trend for Tai Hing Group Holdings's Change In Inventory 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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Tai Hing Group Holdings Change In Inventory Chart

Tai Hing Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -21.02 0.03 -16.97 4.18 1.10

Tai Hing Group Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Tai Hing Group Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

* 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.


Tai Hing Group Holdings  (HKSE:06811) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tai Hing Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=84.583/427.443*365 / 2
=36.11

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

3. 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.

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

* 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.


Tai Hing Group Holdings Change In Inventory Related Terms

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Tai Hing Group Holdings (HKSE:06811) Business Description

Traded in Other Exchanges
N/A
Address
1 Hoi Wan Street, Quarry Bay, 13th Floor, Chinachem Exchange Square, Hong Kong, HKG
Tai Hing Group Holdings Ltd is engaged in the management and operations of restaurants. The company's brand portfolio includes Hot Pot Couple, King Fong Bing Teng, and Asam Chicken Rice, which specialize in Taiwanese hotpots, sophisticated cha chaan teng cuisine, and Southeast Asian delights. Geographically, the firm has operational footprints in Hong Kong, Taiwan, Macau, and Mainland China.
Executives
Chan Wing On 2101 Beneficial owner
Leung Yi Ling 2202 Interest of your spouse
Jun Fa You Xian Gong Si 2101 Beneficial owner

Tai Hing Group Holdings (HKSE:06811) Headlines

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