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Hyflux (SGX:600) Inventory Turnover : 0.52 (As of Sep. 2018)


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What is Hyflux 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. Hyflux's Cost of Goods Sold for the three months ended in Sep. 2018 was S$22.6 Mil. Hyflux's Average Total Inventories for the quarter that ended in Sep. 2018 was S$43.8 Mil. Hyflux's Inventory Turnover for the quarter that ended in Sep. 2018 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hyflux's Days Inventory for the three months ended in Sep. 2018 was 176.81.

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. Hyflux's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 1.78.


Hyflux Inventory Turnover Historical Data

The historical data trend for Hyflux'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.

Hyflux Inventory Turnover Chart

Hyflux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 4.16 4.68 11.21 4.66

Hyflux Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 1.13 2.02 0.50 0.71 0.52

Hyflux Inventory Turnover Calculation

Hyflux's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=218.462 / ((44.774 + 48.999) / 2 )
=218.462 / 46.8865
=4.66

Hyflux's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover (Q: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2018 ) / ((Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count )
=22.593 / ((42.628 + 44.926) / 2 )
=22.593 / 43.777
=0.52

* 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.


Hyflux  (SGX:600) 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.

Hyflux's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=43.777/22.593*365 / 4
=176.81

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.

Hyflux's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=43.777 / 24.653
=1.78

* 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.


Hyflux Inventory Turnover Related Terms

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Hyflux (SGX:600) Business Description

Traded in Other Exchanges
N/A
Address
80 Bendemeer Road, Hyflux Innovation Centre, Singapore, SGP, 339949
Hyflux Ltd through its subsidiaries is engaged in seawater desalination, raw water purification, wastewater cleaning, water recycling, water reclamation and ultra-pure water production for municipal and industrial clients as well as home consumer, filtration, and purification products. The company operates through two segments: Municipal and Industrial. The Municipal segment supplies a range of water and fluid treatment solutions to municipalities and governments, including commissioning, operation, and maintenance of a range of water treatment and liquid separation plants. The Industrial segment includes liquid separation applications for the manufacturing sector, such as the pharmaceutical, biotechnology, food processing, and petrochemical oil-related industries.

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