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Vistar Holdings (HKSE:08535) Inventory Turnover : 0.00 (As of Sep. 2023)


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What is Vistar 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. Vistar Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$65.9 Mil. Vistar Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vistar Holdings's Days Inventory for the three 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. Vistar Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


Vistar Holdings Inventory Turnover Historical Data

The historical data trend for Vistar 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.

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Vistar Holdings Inventory Turnover Chart

Vistar Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
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Vistar Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Vistar Holdings Inventory Turnover Calculation

Vistar 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 )
=255.089 / ((0 + 0) / 1 )
=255.089 / 0
=N/A

Vistar 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 )
=65.929 / ((0 + 0) / 1 )
=65.929 / 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.


Vistar Holdings  (HKSE:08535) 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.

Vistar 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
=0/65.929*365 / 4
=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.

Vistar 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 )
=0 / 76.67
=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.


Vistar Holdings Inventory Turnover Related Terms

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Vistar Holdings (HKSE:08535) Business Description

Traded in Other Exchanges
N/A
Address
27 Lee Chung Street, Unit 2, 13th Floor, Tak King Industrial Building, Chai Wan, Hong Kong, HKG
Vistar Holdings Ltd is engaged in the provision of electrical and mechanical engineering services in Hong Kong. The company operates through three segments, namely, Installation, Alteration, addition works, and Maintenance services. Its Installation segment is involved in the supply and carrying out of installation services; Its Alteration and addition work segment provides modification and additional work on the existing fire service systems. Its Maintenance services segment comprises of support and repair of fire service systems for existing buildings. The group derives its majority revenue from Hong Kong.
Executives
Noble Capital Concept Limited
Poon Ching Tong Tommy 2201 Interest of corporation controlled by you
Success Step Management Limited 2501 Other
Legend Advanced Limited 2101 Beneficial owner
Roberts Christopher John 2202 Interest of your spouse
Deng Anna Man Li 2202 Interest of your spouse
Poon Ken Ching Keung 2201 Interest of corporation controlled by you
Poon Kam Yee Odilia 2201 Interest of corporation controlled by you

Vistar Holdings (HKSE:08535) Headlines

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