Hai Leck Holdings (SGX:BLH) Inventory Turnover : 3.59 (As of Dec. 2024)

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What is Hai Leck 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. Hai Leck Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was S$6.78 Mil. Hai Leck Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was S$1.89 Mil. Hai Leck Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hai Leck Holdings's Days Inventory for the three months ended in Dec. 2024 was 25.43.

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. Hai Leck Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.12.

Hai Leck Holdings Inventory Turnover Historical Data

The historical data trend for Hai Leck 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.

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Hai Leck Holdings Inventory Turnover Chart

Hai Leck Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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24.95

24.07

18.98

21.67

14.17

Hai Leck Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															5.10	4.65	3.45	3.21	3.59

Hai Leck Holdings Inventory Turnover Calculation

Hai Leck Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	23.975	/ (	(1.564	+	1.819)	/	2 )
=	23.975	/	1.6915
=	14.17

Hai Leck Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	6.782	/ (	(1.93	+	1.85)	/	2 )
=	6.782	/	1.89
=	3.59

Hai Leck Holdings (SGX:BLH) 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.

Hai Leck Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1.89	/	6.782	*	365 / 4
	=	25.43

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.

Hai Leck Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1.89	/	15.505
	=	0.12

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.

Hai Leck Holdings Inventory Turnover Related Terms

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Hai Leck Holdings Business Description

Industry

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Address

47 Tuas View Circuit, Singapore, SGP, 637357

Website

https://www.haileck.com

Hai Leck Holdings Ltd is an investment holding company. The company's operating segment based on its products and services includes Project and maintenance services and Contact centre services. The project and maintenance services segment comprises of mechanical engineering services, scaffolding, corrosion prevention services, thermal insulation services, refractory and passive fireproofing and complemented by general civil engineering services. Its Contact centre services segment pertains to call centre services, telecommunications, and information technology services. Geographically, it derives a majority of revenue from Singapore.

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