Swang Chai Chuan (HKSE:02321) Inventory Turnover : 4.50 (As of Dec. 2024)

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What is Swang Chai Chuan 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. Swang Chai Chuan's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$668 Mil. Swang Chai Chuan's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$148 Mil. Swang Chai Chuan's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Swang Chai Chuan's Days Inventory for the six months ended in Dec. 2024 was 40.55.

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. Swang Chai Chuan's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.19.

Swang Chai Chuan Inventory Turnover Historical Data

The historical data trend for Swang Chai Chuan'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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Swang Chai Chuan Inventory Turnover Chart

Swang Chai Chuan Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.98

11.17

9.23

8.60

9.49

Swang Chai Chuan Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					4.54	4.33	4.37	4.63	4.50

Swang Chai Chuan Inventory Turnover Calculation

Swang Chai Chuan'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 )
=	1394.159	/ (	(147.441	+	146.226)	/	2 )
=	1394.159	/	146.8335
=	9.49

Swang Chai Chuan's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	668.325	/ (	(150.734	+	146.226)	/	2 )
=	668.325	/	148.48
=	4.50

Swang Chai Chuan (HKSE:02321) 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.

Swang Chai Chuan's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	148.48	/	668.325	*	365 / 2
	=	40.55

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.

Swang Chai Chuan's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	148.48	/	769.425
	=	0.19

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.

Swang Chai Chuan Inventory Turnover Related Terms

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Swang Chai Chuan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Swang Chai Chuan Ltd (HKSE:02321) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Semambu, Lot 147-A, Kuantan, PHG, MYS, 25350

Website

https://www.sccgroup.com.my

Swang Chai Chuan Ltd is a distributor of Food and Beverages and other products for recognized international and domestic third-party brands and own brands in Malaysia. The company has one reportable segment which is the whole the business of distribution and sales of F&B and provision of logistics services, and warehousing services. It manages its business as a whole as the businesses of distribution and sales of F&B and provision of logistics, warehousing services, and others are carried out in Malaysia.

Executives

Tee Kian Heng	2101 Beneficial owner
Lim Tau Hong	2202 Interest of your spouse
Ng Kar Wei	2202 Interest of your spouse
Ng Mee Lam	2202 Interest of your spouse
Soon Chiew Ang	2201 Interest of corporation controlled by you
Soon Holdings Limited	2101 Beneficial owner
Soon Lee Shiang	2201 Interest of corporation controlled by you
Soon See Beng	2201 Interest of corporation controlled by you
Soon See Long	2201 Interest of corporation controlled by you
Yang Lixia	2202 Interest of your spouse

Swang Chai Chuan Headlines

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