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Saif Powertec (DHA:SAIFPOWER) Inventory Turnover : 0.41 (As of Dec. 2022)


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What is Saif Powertec 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. Saif Powertec's Cost of Goods Sold for the three months ended in Dec. 2022 was BDT566 Mil. Saif Powertec's Average Total Inventories for the quarter that ended in Dec. 2022 was BDT1,394 Mil. Saif Powertec's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saif Powertec's Days Inventory for the three months ended in Dec. 2022 was 224.88.

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. Saif Powertec's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.40.


Saif Powertec Inventory Turnover Historical Data

The historical data trend for Saif Powertec'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.

Saif Powertec Inventory Turnover Chart

Saif Powertec Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 1.78 1.39 1.54 2.39 1.89

Saif Powertec Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Inventory Turnover 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 0.38 0.38 0.61 0.47 0.41

Saif Powertec Inventory Turnover Calculation

Saif Powertec's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Inventory Turnover (A: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2022 ) / ((Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count )
=2388.069 / ((1187.68 + 1333.539) / 2 )
=2388.069 / 1260.6095
=1.89

Saif Powertec's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count )
=565.583 / ((1386.837 + 1400.812) / 2 )
=565.583 / 1393.8245
=0.41

* 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.


Saif Powertec  (DHA:SAIFPOWER) 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.

Saif Powertec's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=1393.8245/565.583*365 / 4
=224.88

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.

Saif Powertec's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=1393.8245 / 996.067
=1.40

* 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.


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.


Saif Powertec Inventory Turnover Related Terms

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Saif Powertec (DHA:SAIFPOWER) Business Description

Traded in Other Exchanges
N/A
Address
72 Mohakhali C/A, 8th Floor, Rupayan Centre, Dhaka, BGD, 1212
Saif Powertec Ltd provides infrastructure support services in Bangladesh. It also imports, trades, assembles, and installs generators, sub-stations, and electrical equipment and gridlines; installs and erects power plants; acts as a berth/terminal operator for operation of Chittagong container terminal and New Mooring container terminal of Chittagong Port Authority; and produces batteries.

Saif Powertec (DHA:SAIFPOWER) Headlines

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