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Sin Heng Heavy Machinery (SGX:BKA) Inventory-to-Revenue : 0.18 (As of Dec. 2023)


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What is Sin Heng Heavy Machinery Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Dec. 2023 was S$5.79 Mil. Sin Heng Heavy Machinery's Revenue for the six months ended in Dec. 2023 was S$31.49 Mil. Sin Heng Heavy Machinery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Sin Heng Heavy Machinery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.19) to Jun. 2023 (0.18)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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 six months 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.


Sin Heng Heavy Machinery Inventory-to-Revenue Historical Data

The historical data trend for Sin Heng Heavy Machinery's Inventory-to-Revenue 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.

Sin Heng Heavy Machinery Inventory-to-Revenue Chart

Sin Heng Heavy Machinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.05 0.07 0.07

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
Inventory-to-Revenue 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 0.11 0.15 0.25 0.19 0.18

Competitive Comparison of Sin Heng Heavy Machinery's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Sin Heng Heavy Machinery's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sin Heng Heavy Machinery's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sin Heng Heavy Machinery's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sin Heng Heavy Machinery's Inventory-to-Revenue falls into.



Sin Heng Heavy Machinery Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (5.744 + 3.99) / 2 ) / 66.23
=4.867 / 66.23
=0.07

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (7.587 + 3.99) / 2 ) / 31.494
=5.7885 / 31.494
=0.18

* 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.


Sin Heng Heavy Machinery  (SGX:BKA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 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
=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 (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=22.196 / 5.7885
=3.83

* 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.


Sin Heng Heavy Machinery Inventory-to-Revenue Related Terms

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Sin Heng Heavy Machinery (SGX:BKA) Business Description

Traded in Other Exchanges
Address
26 Gul Road, Singapore, SGP, 629346
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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