Synagistics (HKSE:02562) Inventory Turnover : 111.96 (As of Dec. 2024)

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What is Synagistics 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. Synagistics's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$406.0 Mil. Synagistics's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$3.6 Mil. Synagistics's Inventory Turnover for the quarter that ended in Dec. 2024 was 111.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synagistics's Days Inventory for the six months ended in Dec. 2024 was 1.63.

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. Synagistics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Synagistics Inventory Turnover Historical Data

The historical data trend for Synagistics'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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Synagistics Inventory Turnover Chart

Synagistics Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

47.70

111.96

Synagistics Semi-Annual Data
	Dec22	Dec23	Dec24
Inventory Turnover	-	47.70	111.96

Synagistics Inventory Turnover Calculation

Synagistics'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 )
=	406.013	/ (	(5.048	+	2.205)	/	2 )
=	406.013	/	3.6265
=	111.96

Synagistics'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: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	406.013	/ (	(5.048	+	2.205)	/	2 )
=	406.013	/	3.6265
=	111.96

Synagistics (HKSE:02562) 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.

Synagistics'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
	=	3.6265	/	406.013	*	365 / 2
	=	1.63

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.

Synagistics'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 )
	=	3.6265	/	586.349
	=	0.01

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.

Synagistics Inventory Turnover Related Terms

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Synagistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synagistics Ltd (HKSE:02562) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Jalan Pemimpin, No. 05-07, M38, Singapore, SGP, 577178

Website

https://www.synagie.com

Synagistics Ltd is the Data-Driven Digital Solutions Platform in Southeast Asia. It provides integrated digital solutions to its brand partners, where (1) under its direct-to-brands (D2B) business model, it provides data-driven digital solutions to the brands covering all aspects of e-commerce, and (2) under its direct-to-consumers (D2C) business model, it sells the brands' products to consumers directly.

Executives

Lee Shieh-peen Clement	2201 Interest of corporation controlled by you
Gobi Ventures Asean	2201 Interest of corporation controlled by you
Extra Shine Limited	2101 Beneficial owner
Tai Ho Yan	2201 Interest of corporation controlled by you
Metadrome Ltd.	2101 Beneficial owner
Wang Chuan-chung	2201 Interest of corporation controlled by you
Taklamakan Holdings Inc.	2201 Interest of corporation controlled by you
Meranti Asean Growth Fund L.p.	2101 Beneficial owner
Chan Tak Lam Norman	2201 Interest of corporation controlled by you
Alibaba Investment Limited	2201 Interest of corporation controlled by you
Alibaba.com Limited	2201 Interest of corporation controlled by you
Alibaba.com Investment Holding Limited	2201 Interest of corporation controlled by you
Alibaba.com International (cayman) Holding Limited	2201 Interest of corporation controlled by you
Alibaba.com Holding Limited	2201 Interest of corporation controlled by you
Alibaba Singapore Holding Private Limited	2101 Beneficial owner

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