Yongnam Holdings (SGX:AXB) Inventory Turnover : 3.11 (As of Jun. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Yongnam Holdings 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. Yongnam Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was S$34.8 Mil. Yongnam Holdings's Average Total Inventories for the quarter that ended in Jun. 2023 was S$11.2 Mil. Yongnam Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yongnam Holdings's Days Inventory for the three months ended in Jun. 2023 was 29.30.

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. Yongnam Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.33.

Yongnam Holdings Inventory Turnover Historical Data

The historical data trend for Yongnam Holdings'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.

Yongnam Holdings Inventory Turnover Chart

Yongnam Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

4.94

5.82

5.85

6.74

9.46

Yongnam Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															2.27	2.30	2.76	3.07	3.11

Yongnam Holdings Inventory Turnover Calculation

Yongnam Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	149.675	/ (	(17.606	+	14.03)	/	2 )
=	149.675	/	15.818
=	9.46

Yongnam Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	34.757	/ (	(11.26	+	11.061)	/	2 )
=	34.757	/	11.1605
=	3.11

Yongnam Holdings (SGX:AXB) 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.

Yongnam Holdings's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	11.1605	/	34.757	*	365 / 4
	=	29.30

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.

Yongnam Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	11.1605	/	33.435
	=	0.33

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.

Yongnam Holdings Inventory Turnover Related Terms

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

Yongnam Holdings (SGX:AXB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yongnam Holdings Ltd (SGX:AXB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Tuas South Street 5, Singapore, SGP, 637644

Website

https://www.yongnam.com.sg

Yongnam Holdings Ltd is a steel manufacturing company. The firm has three reportable segments namely Structural Steelworks, Specialist Civil Engineering, and Design and Build. The company has projects in Singapore and the Rest of Asia Pacific. The majority of the group's revenue comes from the Structural Steelworks segment in Singapore.

Yongnam Holdings (SGX:AXB) Headlines

No Headlines