Top Standard (HKSE:08510) Inventory Turnover : 0.00 (As of Jun. 2024)

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

What is Top Standard 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. Top Standard's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.00 Mil. Top Standard's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0.41 Mil. Top Standard's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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

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.

Top Standard Inventory Turnover Historical Data

The historical data trend for Top Standard'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.

Top Standard Inventory Turnover Chart

Top Standard Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

154.38

50.67

14.87

22.46

16.59

Top Standard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															5.23	6.49	5.03	2.91	-

Top Standard Inventory Turnover Calculation

Top Standard'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 )
=	8.163	/ (	(0.582	+	0.402)	/	2 )
=	8.163	/	0.492
=	16.59

Top Standard's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0.402	+	0.418)	/	2 )
=	0	/	0.41
=	0.00

Top Standard (HKSE:08510) 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.

Top Standard's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.41	/	0	*	365 / 4
	=

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.

Top Standard's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.41	/	0
	=

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.

Top Standard Inventory Turnover Related Terms

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

Top Standard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Top Standard Corp (HKSE:08510) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, HKG

Website

https://www.topstandard.com.hk

Top Standard Corp is an investment holding company and the Group is a restaurant group that operates restaurants and bars in Hong Kong and South-east Asia and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The group has been operating new restaurants Sushi MEW (Hong Kong) and Sushi MEW (Singapore). The company derives the majority of its revenue from food catering services which include food and beverage served. The group operates in Hong Kong, Malaysia, and Singapore. It generates the majority of its revenue from Hong Kong.

Executives

Jss Group Corporation
Chuk Stanley
Lazarus Securities Pty Ltd
Axis Motion Limited	2101 Beneficial owner
Focus Dynamics Group Berhad
Lau Wing Kee	2201 Interest of corporation controlled by you

Top Standard Headlines

No Headlines