Santak Holdings (SGX:580) Inventory Turnover : 5.01 (As of Jun. 2024)

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What is Santak 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. Santak Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was S$3.70 Mil. Santak Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was S$0.74 Mil. Santak Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Santak Holdings's Days Inventory for the six months ended in Jun. 2024 was 36.44.

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. Santak Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.

Santak Holdings Inventory Turnover Historical Data

The historical data trend for Santak 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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Santak Holdings Inventory Turnover Chart

Santak Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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6.38

7.69

7.43

5.25

7.38

Santak Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															4.00	2.00	2.23	3.95	5.01

Santak Holdings Inventory Turnover Calculation

Santak Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	8.777	/ (	(1.736	+	0.644)	/	2 )
=	8.777	/	1.19
=	7.38

Santak 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 )
=	3.699	/ (	(0.833	+	0.644)	/	2 )
=	3.699	/	0.7385
=	5.01

Santak Holdings (SGX:580) 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.

Santak Holdings'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
	=	0.7385	/	3.699	*	365 / 2
	=	36.44

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.

Santak 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 )
	=	0.7385	/	3.408
	=	0.22

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.

Santak Holdings Inventory Turnover Related Terms

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Santak Holdings Business Description

Industry

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Address

4 Clementi Loop, No.01-01, Singapore, SGP, 129810

Website

http://www.santak.com.sg

Santak Holdings Ltd is a Singapore-based manufacturer. Its segments include Precision engineering, Trading and distribution and Investment and management services. The Precision Engineering segment is engaged in the manufacturing of customized precision machined components, sub-assembly, die-casting, as well as mold/fixture design and fabrication. The Trading and Distribution segment supplies custom-made electronic, electrical and mechanical components/products. Investment and Management Services segment is engaged in investment holding, provision of management, administrative, supervisory and consultancy services to Group entities. The company operates in Singapore, USA, Thailand, Ireland, Malaysia and Others, where the maximum revenue is generated from USA.

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