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Sinostar Pec Holdings (SGX:C9Q) Change In Inventory : S$-11 Mil (TTM As of Mar. 2024)


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What is Sinostar Pec Holdings Change In Inventory?

Sinostar Pec Holdings's change in inventory for the quarter that ended in Mar. 2024 was S$2 Mil. It means Sinostar Pec Holdings's inventory declined by S$2 Mil from Dec. 2023 to Mar. 2024 .

Sinostar Pec Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was S$-17 Mil. It means Sinostar Pec Holdings's inventory increased by S$17 Mil from Dec. 2022 to Dec. 2023 .

Sinostar Pec Holdings's Total Inventories for the quarter that ended in Mar. 2024 was S$61 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinostar Pec Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 22.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinostar Pec Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.02.

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. Sinostar Pec Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Sinostar Pec Holdings Change In Inventory Historical Data

The historical data trend for Sinostar Pec 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.

* Premium members only.

Sinostar Pec Holdings Change In Inventory Chart

Sinostar Pec Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 -10.99 -8.71 3.20 -17.27

Sinostar Pec Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.43 -12.25 -3.64 2.78 1.75

Sinostar Pec 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-11 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.


Sinostar Pec Holdings  (SGX:C9Q) Change In Inventory Explanation

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

Sinostar Pec 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
=61.5425/247.292*365 / 4
=22.71

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

Sinostar Pec Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 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.

Sinostar Pec Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


Sinostar Pec Holdings Change In Inventory Related Terms

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Sinostar Pec Holdings (SGX:C9Q) Business Description

Traded in Other Exchanges
N/A
Address
27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500
Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene and Logistics and Transport. The company operates in two segments that are Gas Seperation, and Trasport and Logistic Service. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.

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