IPS Securex Holdings (SGX:42N) Inventory Turnover : 1.25 (As of Dec. 2023)

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What is IPS Securex Holdings 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. IPS Securex Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$3.10 Mil. IPS Securex Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was S$2.49 Mil. IPS Securex Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IPS Securex Holdings's Days Inventory for the six months ended in Dec. 2023 was 146.30.

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. IPS Securex Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

IPS Securex Holdings Inventory Turnover Historical Data

The historical data trend for IPS Securex Holdings'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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IPS Securex Holdings Inventory Turnover Chart

IPS Securex Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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2.65

6.14

1.35

2.56

3.47

IPS Securex Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.45	1.45	0.63	1.78	1.25

IPS Securex Holdings Inventory Turnover Calculation

IPS Securex Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	7.865	/ (	(2.724	+	1.805)	/	2 )
=	7.865	/	2.2645
=	3.47

IPS Securex Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.103	/ (	(1.805	+	3.17)	/	2 )
=	3.103	/	2.4875
=	1.25

IPS Securex Holdings (SGX:42N) 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.

IPS Securex Holdings'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
	=	2.4875	/	3.103	*	365 / 2
	=	146.30

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.

IPS Securex Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.4875	/	5.936
	=	0.42

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.

IPS Securex Holdings Inventory Turnover Related Terms

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IPS Securex Holdings (SGX:42N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IPS Securex Holdings Ltd (SGX:42N) » Definitions » Inventory Turnover

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Address

213 Henderson Road, No. 04-09, Henderson Industrial Park, Singapore, SGP, 159553

Website

https://www.ips-securex.com

IPS Securex Holdings Ltd is an investment holding company. The company's operating segment includes Security solutions and Maintenance and leasing. Maintenance and leasing business segment includes the maintenance services and leasing of security equipment. The Security solutions business segment includes the sale of goods and the provision of integrated security solutions to customers. Geographically, it derives a majority of revenue from Singapore and also has a presence in China, Hong Kong, Japan, Thailand, Vietnam, Indonesia, Brunei, and Malaysia.

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