Singapore Post (Singapore Post) Inventory Turnover : 1,533.41 (As of Sep. 2023)

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What is Singapore Post 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. Singapore Post's Cost of Goods Sold for the six months ended in Sep. 2023 was $531 Mil. Singapore Post's Average Total Inventories for the quarter that ended in Sep. 2023 was $0 Mil. Singapore Post's Inventory Turnover for the quarter that ended in Sep. 2023 was 1,533.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Singapore Post's Days Inventory for the six months ended in Sep. 2023 was 0.12.

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. Singapore Post's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Singapore Post Inventory Turnover Historical Data

The historical data trend for Singapore Post'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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Singapore Post Inventory Turnover Chart

Singapore Post Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1,190.44

2,009.79

2,785.49

2,638.15

3,200.29

Singapore Post Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1,307.85	1,764.30	1,853.30	1,802.43	1,533.41

Singapore Post Inventory Turnover Calculation

Singapore Post'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 )
=	1228.911	/ (	(0.385	+	0.383)	/	2 )
=	1228.911	/	0.384
=	3,200.29

Singapore Post'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 )
=	531.325	/ (	(0.383	+	0.31)	/	2 )
=	531.325	/	0.3465
=	1,533.41

Singapore Post (OTCPK:SPSTY) 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.

Singapore Post'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
	=	0.3465	/	531.325	*	365 / 2
	=	0.12

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.

Singapore Post'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 )
	=	0.3465	/	606.651
	=	0.00

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.

Singapore Post Inventory Turnover Related Terms

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Singapore Post (Singapore Post) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Post Ltd (OTCPK:SPSTY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SPSTF:USA S08:Singapore SGR:Germany

Address

10 Eunos Road 8, Singapore Post Centre, Singapore, SGP, 408600

Website

https://www.singpost.com

Singapore Post Ltd is a Singapore-based provider of mail and parcel delivery services. It operates through three business segments: post and parcel, logistics, and property. The post and parcel operating unit provides delivery services such as collecting, transporting, and distributing mail. The logistics segment provides services such as freight forwarding, warehousing, last-mile delivery, and distribution and fulfillment services. The property segment leases commercial and self-storage properties. SingPost has operations in Singapore and Australia, with the majority of its sales in Singapore. Additionally, the majority of SingPost's revenue is generated from its post and parcel business unit.