GS Holdings (SGX:43A) Inventory Turnover : 24.39 (As of Mar. 2024)

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What is GS 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. GS Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was S$2.05 Mil. GS Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was S$0.08 Mil. GS Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 24.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GS Holdings's Days Inventory for the three months ended in Mar. 2024 was 3.74.

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. GS Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

GS Holdings Inventory Turnover Historical Data

The historical data trend for GS 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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GS Holdings Inventory Turnover Chart

GS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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130.92

111.34

118.28

94.62

100.30

GS Holdings Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															22.87	30.97	37.36	28.45	24.39

GS Holdings Inventory Turnover Calculation

GS 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 )
=	7.372	/ (	(0.064	+	0.083)	/	2 )
=	7.372	/	0.0735
=	100.30

GS Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2.049	/ (	(0.083	+	0.085)	/	2 )
=	2.049	/	0.084
=	24.39

GS Holdings (SGX:43A) 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.

GS Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.084	/	2.049	*	365 / 4
	=	3.74

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.

GS Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.084	/	2.574
	=	0.03

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.

GS Holdings Inventory Turnover Related Terms

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GS Holdings (SGX:43A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GS Holdings Ltd (SGX:43A) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

6NY:Germany

Address

680 Upper Thomson Road, No 02-01, Singapore, SGP, 787103

Website

https://www.greatsolutions.com.sg

GS Holdings Ltd is Singapore-based holding firm. The company provides management consultancy services with relation to Branding, Operations and Procurement services to its customers and earns management consultancy services based on the agreements entered upon. Consultancy services include providing training and delivery service at all outlets, managing customer-experience and relationship management matters and evaluate the performance of each outlet and the related executives. Its segments include Food and Beverages; Branding, Operations and Procurement services; and Investment holdings. It derives revenue from Food and Beverages segment.

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