ICP (SGX:5I4) Inventory Turnover : 161.82 (As of Dec. 2023)

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What is ICP 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. ICP's Cost of Goods Sold for the six months ended in Dec. 2023 was S$0.89 Mil. ICP's Average Total Inventories for the quarter that ended in Dec. 2023 was S$0.01 Mil. ICP's Inventory Turnover for the quarter that ended in Dec. 2023 was 161.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ICP's Days Inventory for the six months ended in Dec. 2023 was 1.13.

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. ICP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

ICP Inventory Turnover Historical Data

The historical data trend for ICP'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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ICP Inventory Turnover Chart

ICP Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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19.42

25.73

21.96

39.21

243.50

ICP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															20.25	128.00	123.67	119.83	161.82

ICP Inventory Turnover Calculation

ICP's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	1.461	/ (	(0.006	+	0.006)	/	2 )
=	1.461	/	0.006
=	243.50

ICP's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.89	/ (	(0.006	+	0.005)	/	2 )
=	0.89	/	0.0055
=	161.82

ICP (SGX:5I4) 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.

ICP's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.0055	/	0.89	*	365 / 2
	=	1.13

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.

ICP's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.0055	/	6.071
	=	0.00

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.

ICP Inventory Turnover Related Terms

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ICP (SGX:5I4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ICP Ltd (SGX:5I4) » Definitions » Inventory Turnover

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Traded in Other Exchanges

GD1M:Germany

Address

23-01, 6 Temasek Boulevard, Suntec Tower Four, Singapore, SGP, 038986

Website

https://www.icp.com.sg

ICP Ltd is an investment holding and management company. The business of the company is involved in segments that include Vessels Chartering; which charters vessels, Hospitality; which provides hotel management consultancy services, and Investment Holding; which includes investment and management activities. The Hospitality business segment generates maximum revenue for the company. Geographically the company exports its product to Signapore, Japan, Thailand, Hong Kong, Malaysia, Korea and other regions. Its Hospitality segment operates under the brand name Travelodge.

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