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Tai Sin Electric (SGX:500) Inventory-to-Revenue : 0.52 (As of Dec. 2023)


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What is Tai Sin Electric Inventory-to-Revenue?

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 Sin Electric's Average Total Inventories for the quarter that ended in Dec. 2023 was S$101.1 Mil. Tai Sin Electric's Revenue for the six months ended in Dec. 2023 was S$195.7 Mil. Tai Sin Electric's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Tai Sin Electric's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.55) to Jun. 2023 (0.52)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tai Sin Electric's Days Inventory for the six months ended in Dec. 2023 was 112.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tai Sin Electric's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.62.


Tai Sin Electric Inventory-to-Revenue Historical Data

The historical data trend for Tai Sin Electric's Inventory-to-Revenue 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.

Tai Sin Electric Inventory-to-Revenue Chart

Tai Sin Electric Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.27 0.25 0.22 0.24

Tai Sin Electric Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue 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 0.45 0.46 0.45 0.55 0.52

Competitive Comparison of Tai Sin Electric's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Tai Sin Electric's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tai Sin Electric's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tai Sin Electric's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tai Sin Electric's Inventory-to-Revenue falls into.



Tai Sin Electric Inventory-to-Revenue Calculation

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 Sin Electric's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (98.809 + 101.168) / 2 ) / 421.726
=99.9885 / 421.726
=0.24

Tai Sin Electric's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (101.168 + 101.124) / 2 ) / 195.745
=101.146 / 195.745
=0.52

* 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 Sin Electric  (SGX:500) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Tai Sin Electric's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=101.146/163.436*365 / 2
=112.94

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

Tai Sin Electric's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=163.436 / 101.146
=1.62

* 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 Sin Electric Inventory-to-Revenue Related Terms

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Tai Sin Electric (SGX:500) Business Description

Traded in Other Exchanges
N/A
Address
24 Gul Crescent, Jurong Town, Singapore, SGP, 629531
Tai Sin Electric Ltd is engaged in the manufacturing and distribution of cable and wire products. The company's business segments are Cable and Wire, Electrical Material Distribution, Switchboard and Test and Inspection, with maximum revenue from the Cable and wire segment. The products of the company include fire-resistant cables, molded circuit breakers, safety sensors and personal protection equipment.

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