Sunmoon Food Co (SGX:AAJ) Inventory Turnover : 13.66 (As of Sep. 2024)

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What is Sunmoon Food Co 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. Sunmoon Food Co's Cost of Goods Sold for the six months ended in Sep. 2024 was S$17.34 Mil. Sunmoon Food Co's Average Total Inventories for the quarter that ended in Sep. 2024 was S$1.27 Mil. Sunmoon Food Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 13.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunmoon Food Co's Days Inventory for the six months ended in Sep. 2024 was 13.36.

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. Sunmoon Food Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.

Sunmoon Food Co Inventory Turnover Historical Data

The historical data trend for Sunmoon Food Co'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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Sunmoon Food Co Inventory Turnover Chart

Sunmoon Food Co Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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12.39

13.71

19.11

28.73

17.22

Sunmoon Food Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															8.41	12.20	8.69	6.16	13.66

Sunmoon Food Co Inventory Turnover Calculation

Sunmoon Food Co'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 )
=	26.241	/ (	(0.908	+	2.14)	/	2 )
=	26.241	/	1.524
=	17.22

Sunmoon Food Co'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 )
=	17.34	/ (	(2.14	+	0.398)	/	2 )
=	17.34	/	1.269
=	13.66

Sunmoon Food Co (SGX:AAJ) 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.

Sunmoon Food Co'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
	=	1.269	/	17.34	*	365 / 2
	=	13.36

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.

Sunmoon Food Co'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 )
	=	1.269	/	17.622
	=	0.07

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.

Sunmoon Food Co Inventory Turnover Related Terms

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Sunmoon Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sunmoon Food Co Ltd (SGX:AAJ) » Definitions » Inventory Turnover

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Address

51 Changi Business Park Central 2, No 03-06 The Signature, Singapore, SGP, 486066

Website

https://www.sunmoonfood.com

Sunmoon Food Co Ltd is the distributor and marketer of branded fresh fruits, vegetables, and consumer products. The company is engaged in the sales of fruits, vegetables, seafood, meat, aqua-food, agri-food-related products, and any other ancillary products globally. Geographically, the company derives a majority of its revenue from China and also has a presence in ASEAN and other countries. The product category of the company includes Fresh fruits and consumer products.

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