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OneApex (SGX:5SY) Inventory Turnover : 1.98 (As of Sep. 2024)


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What is OneApex 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. OneApex's Cost of Goods Sold for the six months ended in Sep. 2024 was S$60.37 Mil. OneApex's Average Total Inventories for the quarter that ended in Sep. 2024 was S$30.45 Mil. OneApex's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OneApex's Days Inventory for the six months ended in Sep. 2024 was 92.05.

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. OneApex's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.


OneApex Inventory Turnover Historical Data

The historical data trend for OneApex'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.

OneApex Inventory Turnover Chart

OneApex Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.37 - 0.04 0.04 2.19

OneApex 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 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 0.02 0.02 0.02 0.02 1.98

OneApex Inventory Turnover Calculation

OneApex's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=61.338 / ((53.586 + 2.519) / 2 )
=61.338 / 28.0525
=2.19

OneApex'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 )
=60.366 / ((58.373 + 2.519) / 2 )
=60.366 / 30.446
=1.98

* 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.


OneApex  (SGX:5SY) 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.

OneApex'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
=30.446/60.366*365 / 2
=92.05

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.

OneApex'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 )
=30.446 / 77.216
=0.39

* 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.


OneApex Inventory Turnover Related Terms

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OneApex Business Description

Traded in Other Exchanges
Address
38 Jalan Pemimpin, No. 06-06, Singapore, SGP, 577178
OneApex Ltd is an real estate developer and holds a Capital Market Service License. Its operates in four segment: Financial services segment elates to customer referral services, Property management segment relates to the consultation services on hotel operation, Property development segment relates to development of industrial properties, and Property investment segment relates to holding of property to earn the rental income. Geographically it operates only in Singapore. The Property development segment generates the majority of revenue.

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