NutryFarm International (SGX:AZT) Inventory Turnover: 0.58 (As of Mar. 2022)

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SGX:AZT NutryFarm International Ltd SGX:AZT
9 GF Score
Price S$0.09
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What is NutryFarm International Inventory Turnover?

NutryFarm International SGX:AZT 9 Inventory Turnover is 0.58 as of Mar. 2022. GuruFocus rates SGX:AZT with a GF Score™ of 9/100.

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. NutryFarm International's Cost of Goods Sold for the three months ended in Mar. 2022 was S$1.59 Mil. NutryFarm International's Average Total Inventories for the quarter that ended in Mar. 2022 was S$2.73 Mil. NutryFarm International's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NutryFarm International's Days Inventory for the three months ended in Mar. 2022 was 156.42.

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. NutryFarm International's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.13.

NutryFarm International  (SGX:AZT) 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.

NutryFarm International's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=2.729/1.592*365 / 4
=156.42

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.

NutryFarm International's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=2.729 / 2.424
=1.13

* 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.

NutryFarm International Inventory Turnover Related Terms

NutryFarm International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NutryFarm International'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.

NutryFarm International Inventory Turnover Chart

NutryFarm International Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.20 2.25 2.03 4.63

NutryFarm International Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 3.60 38.86 -29.57 0.74 0.58
SGX:AZT
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NutryFarm International Ltd SGX:AZT
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NutryFarm International Inventory Turnover Calculation

NutryFarm International's Inventory Turnover for the fiscal year that ended in Sep. 2021 is calculated as

Inventory Turnover (A: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2021 ) / ((Total Inventories (A: Mar. 2019 ) + Total Inventories (A: Sep. 2021 )) / count )
=11.818 / ((2.226 + 2.883) / 2 )
=11.818 / 2.5545
=4.63

NutryFarm International's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=1.592 / ((2.746 + 2.712) / 2 )
=1.592 / 2.729
=0.58

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.58 mean?
NutryFarm International (SGX:AZT) has a Inventory Turnover of 0.58 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NutryFarm International and its competitors.
Is NutryFarm International's Inventory Turnover too high?
NutryFarm International's current Inventory Turnover is 0.58. Overall, NutryFarm International has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does NutryFarm International's Inventory Turnover compare to KHC and GIS?
NutryFarm International's Inventory Turnover of 0.58 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NutryFarm International and its competitors. NutryFarm International's current Inventory Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NutryFarm International stock overvalued right now?
NutryFarm International (SGX:AZT) has a current Inventory Turnover of 0.58. The current Inventory Turnover is 0.58. NutryFarm International's overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For NutryFarm International (SGX:AZT), the current Inventory Turnover is 0.58 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NutryFarm International Business Description

Address 3 Salisbury Road, Room 1916, 19th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
NutryFarm International Ltd is an investment holding company. Its operating segments include Internet Management, which involves providing technical support services for internet and WebTV businesses; Investment Holding, which covers the management of the Group's investments, financial instruments, and treasury operations; Nutrition, Health Food and Related Health Products, which focuses on the manufacturing and trading of nutrition and health-related products; and Fruits and Related Products, which involves trading fruits and related items. The Nutrition segment is the key revenue driver. Geographically, the company operates in Singapore, the PRC, and Thailand, with the majority of its revenue generated in the PRC.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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