Shanghai Turbo Enterprises (SGX:AWM) Inventory Turnover : 0.95 (As of Mar. 2025)

View and export this data going back to 2006. Start your Free Trial

What is Shanghai Turbo Enterprises 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. Shanghai Turbo Enterprises's Cost of Goods Sold for the three months ended in Mar. 2025 was S$2.24 Mil. Shanghai Turbo Enterprises's Average Total Inventories for the quarter that ended in Mar. 2025 was S$2.36 Mil. Shanghai Turbo Enterprises's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Turbo Enterprises's Days Inventory for the three months ended in Mar. 2025 was 96.18.

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. Shanghai Turbo Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.88.

Shanghai Turbo Enterprises Inventory Turnover Historical Data

The historical data trend for Shanghai Turbo Enterprises'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.

Shanghai Turbo Enterprises Inventory Turnover Chart

Shanghai Turbo Enterprises Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

7.29

5.31

4.66

5.12

5.95

Shanghai Turbo Enterprises Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.90	1.10	1.12	1.37	0.95

Shanghai Turbo Enterprises Inventory Turnover Calculation

Shanghai Turbo Enterprises's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	12.641	/ (	(0	+	2.124)	/	1 )
=	12.641	/	2.124
=	5.95

Shanghai Turbo Enterprises's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	2.24	/ (	(2.124	+	2.598)	/	2 )
=	2.24	/	2.361
=	0.95

Shanghai Turbo Enterprises (SGX:AWM) 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.

Shanghai Turbo Enterprises's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	2.361	/	2.24	*	365 / 4
	=	96.18

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.

Shanghai Turbo Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	2.361	/	2.682
	=	0.88

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.

Shanghai Turbo Enterprises Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Shanghai Turbo Enterprises's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Turbo Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Turbo Enterprises Ltd (SGX:AWM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Yinghua Road, Zhonglou Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213016

Website

https://www.shanghaiturbo.com

Shanghai Turbo Enterprises Ltd is a precision engineering group that specializes in the production of precision vane products, namely stationary vanes, moving vanes and nozzles. These vanes are the key components of steam turbine generators used for power generation in power plants, power stations and substations. There are also essential components mounted onto steam turbine generators to maximize the efficiency of steam flow in the generation of electricity.

Shanghai Turbo Enterprises Headlines

No Headlines