Indigo Star Holdings (HKSE:08373) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Indigo Star Holdings 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. Indigo Star Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.0 Mil. Indigo Star Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$12.9 Mil. Indigo Star Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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

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.

Indigo Star Holdings Inventory Turnover Historical Data

The historical data trend for Indigo Star Holdings'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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Indigo Star Holdings Inventory Turnover Chart

Indigo Star Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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30.46

38.98

Indigo Star Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															6.78	12.80	16.24	12.95	-

Indigo Star Holdings Inventory Turnover Calculation

Indigo Star Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	192.85	/ (	(4.642	+	5.253)	/	2 )
=	192.85	/	4.9475
=	38.98

Indigo Star Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(5.253	+	20.592)	/	2 )
=	0	/	12.9225
=	0.00

Indigo Star Holdings (HKSE:08373) 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.

Indigo Star Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	12.9225	/	0	*	365 / 4
	=

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.

Indigo Star Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	12.9225	/	0
	=

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.

Indigo Star Holdings Inventory Turnover Related Terms

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Indigo Star Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Indigo Star Holdings Ltd (HKSE:08373) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Upper Aljunied Link, No. 03-08 Quartz Industrial Building, Singapore, SGP, 367903

Website

https://www.indigostar.sg

Indigo Star Holdings Ltd is a subcontractor specializing in providing reinforced concrete works. The company offers structural reinforced and concrete works in general building and civil engineering works. It offers steel reinforcement works, formwork erection, and concrete works. It provides such services either individually or as a total package comprising all three, depending on the requirements of the customers. The group is involved in different types of general building and civil engineering projects, which include residential housing, offices, commercial, industrial, and institutional developments, special purpose constructions, MRT stations, and infrastructure. It has two segments Construction contract and Sales of tiles. All its revenue is derived from Singapore.

Executives

Chan Ming	2201 Interest of corporation controlled by you
Splendor Investment Limited	2101 Beneficial owner
Claudia International Limited	2101 Beneficial owner
Chan Wai Kin	2201 Interest of corporation controlled by you
Amber Capital Holdings Limited	2101 Beneficial owner
Goh Cheng Seng	2101 Beneficial owner
Tan So Kuan	2101 Beneficial owner

Indigo Star Holdings Headlines

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