Ezra Holdings (SGX:5DN) Inventory Turnover: 1.63 (As of May. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ezra Holdings Inventory Turnover?

Ezra Holdings SGX:5DN Inventory Turnover is 1.63 as of May. 2016.

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. Ezra Holdings's Cost of Goods Sold for the three months ended in May. 2016 was S$172.9 Mil. Ezra Holdings's Average Total Inventories for the quarter that ended in May. 2016 was S$106.1 Mil. Ezra Holdings's Inventory Turnover for the quarter that ended in May. 2016 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ezra Holdings's Days Inventory for the three months ended in May. 2016 was 55.96.

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. Ezra Holdings's Inventory-to-Revenue for the quarter that ended in May. 2016 was 0.62.


Ezra Holdings  (SGX:5DN) 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.

Ezra Holdings's Days Inventory for the three months ended in May. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2016 )/Cost of Goods Sold (Q: May. 2016 )*Days in Period
=106.0675/172.949*365 / 4
=55.96

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.

Ezra Holdings's Inventory to Revenue for the quarter that ended in May. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2016 ) / Revenue (Q: May. 2016 )
=106.0675 / 172.193
=0.62

* 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.


Ezra Holdings Inventory Turnover Related Terms


Ezra Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ezra 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.

Ezra Holdings Inventory Turnover Chart

Ezra Holdings Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.39 10.84 13.44 4.73 5.68

Ezra Holdings Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 1.36 1.76 1.41 1.63

Ezra Holdings Inventory Turnover Calculation

Ezra Holdings's Inventory Turnover for the fiscal year that ended in Aug. 2015 is calculated as

Inventory Turnover (A: Aug. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2015 ) / ((Total Inventories (A: Aug. 2014 ) + Total Inventories (A: Aug. 2015 )) / count )
=634.118 / ((114.059 + 109.076) / 2 )
=634.118 / 111.5675
=5.68

Ezra Holdings's Inventory Turnover for the quarter that ended in May. 2016 is calculated as

Inventory Turnover (Q: May. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2016 ) / ((Total Inventories (Q: Feb. 2016 ) + Total Inventories (Q: May. 2016 )) / count )
=172.949 / ((111.757 + 100.378) / 2 )
=172.949 / 106.0675
=1.63

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.63 mean?
Ezra Holdings (SGX:5DN) has a Inventory Turnover of 1.63 as of May. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ezra Holdings and its competitors.
Is Ezra Holdings' Inventory Turnover too high?
Ezra Holdings' current Inventory Turnover is 1.63.
How does Ezra Holdings' Inventory Turnover compare to WFTIQ and GWTI?
Ezra Holdings' Inventory Turnover of 1.63 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ezra Holdings and its competitors. Ezra Holdings's current Inventory Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ezra Holdings stock overvalued right now?
Ezra Holdings (SGX:5DN) has a current Inventory Turnover of 1.63. The current Inventory Turnover is 1.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ezra Holdings (SGX:5DN), the current Inventory Turnover is 1.63 as of May. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ezra Holdings Business Description

Industry EnergyOil & Gas
Address 51 Shipyard Road, Singapore, SGP, 628139
Ezra Holdings Ltd is an offshore contractor and provider of integrated offshore solutions to the Oil and Gas industry. The business divisions of the company are Offshore Support (EMAS), Production Services and Marine Services (TRIYARDS) and EMAS Energy. The EMAS division includes offshore support services, accommodation, construction, and production services to customers in the oil and gas industry. The TRIYARDS division provides integrated engineering, ship construction, and fabrication services. The EMAS Energy division serves energy lifecycle by providing integrated onshore and offshore well intervention, drilling services, modern equipment and the support of marine vessels.