Sin Heng Heavy Machinery (SGX:BKA) Change In Inventory : S$15.16 Mil (TTM As of Dec. 2023)

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What is Sin Heng Heavy Machinery Change In Inventory?

Sin Heng Heavy Machinery's change in inventory for the quarter that ended in Dec. 2023 was S$8.86 Mil. It means Sin Heng Heavy Machinery's inventory declined by S$8.86 Mil from Jun. 2023 to Dec. 2023 .

Sin Heng Heavy Machinery's change in inventory for the fiscal year that ended in Dec. 2023 was S$15.16 Mil. It means Sin Heng Heavy Machinery's inventory declined by S$15.16 Mil from Dec. 2022 to Dec. 2023 .

Sin Heng Heavy Machinery's Total Inventories for the quarter that ended in Dec. 2023 was S$3.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sin Heng Heavy Machinery's Days Inventory for the quarter that ended in Dec. 2023 was 47.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sin Heng Heavy Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.83.

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. Sin Heng Heavy Machinery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Sin Heng Heavy Machinery Change In Inventory Historical Data

The historical data trend for Sin Heng Heavy Machinery's Change In Inventory 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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Sin Heng Heavy Machinery Change In Inventory Chart

Sin Heng Heavy Machinery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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17.06

11.30

12.57

4.72

15.16

Sin Heng Heavy Machinery Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															10.51	-1.15	5.86	6.30	8.86

Sin Heng Heavy Machinery Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$15.16 Mil.

Sin Heng Heavy Machinery (SGX:BKA) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sin Heng Heavy Machinery's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.7885	/	22.196	*	365 / 2
	=	47.59

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sin Heng Heavy Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.196	/	5.7885
	=	3.83

3. 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.

Sin Heng Heavy Machinery's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.7885	/	31.494
	=	0.18

Sin Heng Heavy Machinery Change In Inventory Related Terms

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Sin Heng Heavy Machinery (SGX:BKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sin Heng Heavy Machinery Ltd (SGX:BKA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SNVA:Germany

Address

26 Gul Road, Singapore, SGP, 629346

Website

http://www.sinheng.com.sg

Sin Heng Heavy Machinery Ltd is a lifting service provider. The core business activities are the rental and trading of cranes, aerial lifts, and other lifting equipment. The company has two reportable operating segments namely Equipment rental and Trading. Equipment rental includes the rental of cranes and aerial lifts. Trading includes trading of cranes and aerial lifts. Most of the group's revenue comes from Singapore.

Sin Heng Heavy Machinery (SGX:BKA) Headlines

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