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XMH Holdings (SGX:BQF) Inventory Turnover : 1.48 (As of Oct. 2023)


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What is XMH 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. XMH Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was S$48.6 Mil. XMH Holdings's Average Total Inventories for the quarter that ended in Oct. 2023 was S$32.8 Mil. XMH Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XMH Holdings's Days Inventory for the six months ended in Oct. 2023 was 123.38.

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. XMH Holdings's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.46.


XMH Holdings Inventory Turnover Historical Data

The historical data trend for XMH 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.

XMH Holdings Inventory Turnover Chart

XMH Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.45 1.87 2.05 3.31

XMH Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.00 0.99 1.46 1.66 1.48

XMH Holdings Inventory Turnover Calculation

XMH Holdings's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=101.326 / ((28.902 + 32.339) / 2 )
=101.326 / 30.6205
=3.31

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

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=48.562 / ((32.339 + 33.32) / 2 )
=48.562 / 32.8295
=1.48

* 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.


XMH Holdings  (SGX:BQF) 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.

XMH Holdings's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=32.8295/48.562*365 / 2
=123.38

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=32.8295 / 71.025
=0.46

* 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.


XMH Holdings Inventory Turnover Related Terms

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XMH Holdings (SGX:BQF) Business Description

Traded in Other Exchanges
N/A
Address
55 Tuas Crescent, No. 07-01, Singapore, SGP, 638743
XMH Holdings Ltd is an investment holding company. The firm is primarily engaged as a diesel engine, propulsion and power generating solutions provider to customers in the marine and industrial sectors across Asia. The business activities are categorized into: Distribution and provision of value-added products and services, after sales services, trading and others and Projects, which comprise the assembly and installation of standby generator sets and provision of related services, and the design and manufacture of marine switchboards, remote control distributor system, and marine automation products. The company produces an engine, generator, marine gearboxes, propeller, thruster, IPS, and steering system. Most of the company's revenue is derived from Indonesia.

XMH Holdings (SGX:BQF) Headlines

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