Grand Banks Yachts (SGX:G50) Change In Inventory : S$-5.3 Mil (TTM As of Dec. 2023)

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What is Grand Banks Yachts Change In Inventory?

Grand Banks Yachts's change in inventory for the quarter that ended in Dec. 2023 was S$1.5 Mil. It means Grand Banks Yachts's inventory declined by S$1.5 Mil from Jun. 2023 to Dec. 2023 .

Grand Banks Yachts's change in inventory for the fiscal year that ended in Jun. 2023 was S$-5.0 Mil. It means Grand Banks Yachts's inventory increased by S$5.0 Mil from Jun. 2022 to Jun. 2023 .

Grand Banks Yachts's Total Inventories for the quarter that ended in Dec. 2023 was S$16.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Banks Yachts's Days Inventory for the quarter that ended in Dec. 2023 was 75.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Banks Yachts's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.42.

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. Grand Banks Yachts's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.

Grand Banks Yachts Change In Inventory Historical Data

The historical data trend for Grand Banks Yachts'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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Grand Banks Yachts Change In Inventory Chart

Grand Banks Yachts Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-5.34

6.53

6.28

-0.40

-4.98

Grand Banks Yachts 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															3.53	-3.93	1.86	-6.83	1.52

Grand Banks Yachts 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$-5.3 Mil.

Grand Banks Yachts (SGX:G50) Change In Inventory Explanation

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

Grand Banks Yachts's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17.128	/	41.383	*	365 / 2
	=	75.53

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

Grand Banks Yachts's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.383	/	17.128
	=	2.42

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.

Grand Banks Yachts's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.128	/	65.007
	=	0.26

Grand Banks Yachts Change In Inventory Related Terms

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Grand Banks Yachts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Banks Yachts Ltd (SGX:G50) » Definitions » Change In Inventory

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Address

21 Bukit Batok Crescent, No. 06-74, Wcega Tower, Singapore, SGP, 658065

Website

https://www.grandbanks.com

Grand Banks Yachts Ltd along with its subsidiaries is an investment holding company that is involved in manufacturing, selling and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading of Yachts and Others. Geographically the company exports its products to America, Europe, Australia, and Asia; out of which America generates maximum revenue for the company. It also provides hardware and other accessories for making yachts. Grand Banks 54, Grand Banks 60, Grand Banks 85, Eastbay 44 and Eastbay 60 are the company's product lines. The majority of the firm's revenue comes from the Manufacturing and Trading of Yachts segment.

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