Amcorp Global (SGX:S9B) Inventory Turnover : 0.28 (As of Sep. 2023)

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What is Amcorp Global 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. Amcorp Global's Cost of Goods Sold for the six months ended in Sep. 2023 was S$23.85 Mil. Amcorp Global's Average Total Inventories for the quarter that ended in Sep. 2023 was S$86.19 Mil. Amcorp Global's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amcorp Global's Days Inventory for the six months ended in Sep. 2023 was 659.63.

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. Amcorp Global's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.06.

Amcorp Global Inventory Turnover Historical Data

The historical data trend for Amcorp Global'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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Amcorp Global Inventory Turnover Chart

Amcorp Global Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

Mar21

Mar22

Mar23

Inventory Turnover

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0.40

0.39

0.09

0.24

0.62

Amcorp Global Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.06	0.17	0.31	0.31	0.28

Amcorp Global Inventory Turnover Calculation

Amcorp Global'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 )
=	74.53	/ (	(147.856	+	94.098)	/	2 )
=	74.53	/	120.977
=	0.62

Amcorp Global'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	23.847	/ (	(94.098	+	78.288)	/	2 )
=	23.847	/	86.193
=	0.28

Amcorp Global (SGX:S9B) 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.

Amcorp Global's Days Inventory for the six 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
	=	86.193	/	23.847	*	365 / 2
	=	659.63

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.

Amcorp Global'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 )
	=	86.193	/	28.124
	=	3.06

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.

Amcorp Global Inventory Turnover Related Terms

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Amcorp Global (SGX:S9B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amcorp Global Ltd (SGX:S9B) » Definitions » Inventory Turnover

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Address

11 Sam Leong Road No 03-06, Singapore, SGP, 207903

Website

http://www.amcorpglobal.com

Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organised into business units based on its products and services and has two reportable operating segments - Property development and Hotel operations. The majority of the revenue is generated from the property development segments which is engaged in the development and sale of properties. Its geographical segments include Singapore, New Zealand, Australia, Vietnam, and Malaysia, out of which most of its revenue comes from Singapore.

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