Sino Grandness Food Industry Group (SGX:T4B) Inventory Turnover : 0.00 (As of Dec. 2020)

View and export this data going back to 2009. Start your Free Trial

What is Sino Grandness Food Industry Group 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. Sino Grandness Food Industry Group's Cost of Goods Sold for the three months ended in Dec. 2020 was S$0.0 Mil. Sino Grandness Food Industry Group's Average Total Inventories for the quarter that ended in Dec. 2020 was S$1.6 Mil. Sino Grandness Food Industry Group's Inventory Turnover for the quarter that ended in Dec. 2020 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.

Sino Grandness Food Industry Group Inventory Turnover Historical Data

The historical data trend for Sino Grandness Food Industry Group'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.

Sino Grandness Food Industry Group Inventory Turnover Chart

Sino Grandness Food Industry Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

55.22

72.73

110.71

182.74

75.95

Sino Grandness Food Industry Group Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Dec20	Dec21
Inventory Turnover	Get a 7-Day Free Trial															5.87	5.99	8.57	-	-

Sino Grandness Food Industry Group Inventory Turnover Calculation

Sino Grandness Food Industry Group's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	229.001	/ (	(1.158	+	4.872)	/	2 )
=	229.001	/	3.015
=	75.95

Sino Grandness Food Industry Group's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Dec. 2019 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	0	/ (	(2.065	+	1.158)	/	2 )
=	0	/	1.6115
=	0.00

Sino Grandness Food Industry Group (SGX:T4B) 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.

Sino Grandness Food Industry Group's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	1.6115	/	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.

Sino Grandness Food Industry Group's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	1.6115	/	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.

Sino Grandness Food Industry Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Sino Grandness Food Industry Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sino Grandness Food Industry Group (SGX:T4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sino Grandness Food Industry Group Ltd (SGX:T4B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN

Website

http://www.grandnessgroups.com

Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

No Headlines