Hiap Tong (SGX:5PO) Inventory Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong 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. Hiap Tong's Cost of Goods Sold for the six months ended in Sep. 2024 was S$36.38 Mil. Hiap Tong's Average Total Inventories for the quarter that ended in Sep. 2024 was S$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hiap Tong's Days Inventory for the six months ended in Sep. 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. Hiap Tong's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Hiap Tong Inventory Turnover Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong Inventory Turnover Chart

Hiap Tong Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

Hiap Tong Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Hiap Tong Inventory Turnover Calculation

Hiap Tong's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	75.419	/ (	(0	+	0)	/	1 )
=	75.419	/	0
=	N/A

Hiap Tong's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	36.378	/ (	(0	+	0)	/	1 )
=	36.378	/	0
=	N/A

Hiap Tong (SGX:5PO) 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.

Hiap Tong's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	36.378	*	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.

Hiap Tong's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	44.321
	=	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.

Hiap Tong Inventory Turnover Related Terms

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

Hiap Tong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Soon lee Road, Singapore, SGP, 628082

Website

https://www.hiaptong.com

Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong Headlines

No Headlines