GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PS International Group Ltd (NAS:PSIG) » Definitions » Inventory Turnover

PSIG (PS International Group) Inventory Turnover : 0.00 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is PS International Group 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. PS International Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $38.1 Mil. PS International Group's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PS International Group's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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. PS International Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

PS International Group Inventory Turnover Historical Data

The historical data trend for PS International Group'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.

* Premium members only.

PS International Group Inventory Turnover Chart

PS International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- - - -

PS International Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial - - - - -

PS International Group Inventory Turnover Calculation

PS International Group'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 )
=127.267 / ((0 + 0) / 1 )
=127.267 / 0
=N/A

PS International Group'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 )
=38.14 / ((0 + 0) / 1 )
=38.14 / 0
=N/A

* 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.

PS International Group  (NAS:PSIG) 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.

PS International Group's Days Inventory for the six 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
=0/38.14*365 / 2
=0.00

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.

PS International Group'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 )
=0 / 39.366
=0.00

* 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.

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.

PS International Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PS International Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PS International Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PS International Group Ltd (NAS:PSIG) » Definitions » Inventory Turnover
Comparable Companies
GVH LSH ATXG PDPTF UNQL SGLY CJMB NCEW JANL UPS FDX OCSE:DSV XTER:DHL SZSE:002352 XSWX:KNIN JBHT ZTO EXPD HKSE:02618 CHRW
Traded in Other Exchanges
N/A
Address
No. 2-16 Kwai Fung Crescent, Kwai Chung, Unit 1002, 10th Floor, Join-in Hang Sing Centre, New Territories, Hong Kong, HKG
Website
https://www.profitsail.com
PS International Group Ltd is a freight forwarding service provider in Hong Kong with networks across the globe. It provides air and ocean export and import freight forwarding services with optional ancillary logistics-related services such as cargo pick up, cargo handling at ports, and local transportation and warehousing-related services such as repackaging, labeling, palletization, preparation of shipping documentation, arrangement of customs clearance and warehousing to meet the requirement of customers.