USP Group (SGX:BRS) Inventory Turnover: 0.52 (As of Dec. 2022)

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What is USP Group Inventory Turnover?

USP Group SGX:BRS Inventory Turnover is 0.52 as of Dec. 2022.

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. USP Group's Cost of Goods Sold for the three months ended in Dec. 2022 was S$6.15 Mil. USP Group's Average Total Inventories for the quarter that ended in Dec. 2022 was S$11.84 Mil. USP Group's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. USP Group's Days Inventory for the three months ended in Dec. 2022 was 175.72.

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. USP Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.19.

USP Group  (SGX:BRS) 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.

USP Group's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=11.837/6.147*365 / 4
=175.72

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.

USP Group's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=11.837 / 9.922
=1.19

* 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.

USP Group Inventory Turnover Related Terms

USP Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for USP Group'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.

USP Group Inventory Turnover Chart

USP Group Annual Data
Trend Nov11 Nov12 Nov13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.67 1.50 1.73 2.11

USP Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22
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 0.70 0.68 0.58 0.57 0.52

USP Group Inventory Turnover Calculation

USP Group's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

Inventory Turnover (A: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2021 ) / ((Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count )
=22.237 / ((11.336 + 9.777) / 2 )
=22.237 / 10.5565
=2.11

USP Group's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count )
=6.147 / ((11.924 + 11.75) / 2 )
=6.147 / 11.837
=0.52

* 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 0.52 mean?
USP Group (SGX:BRS) has a Inventory Turnover of 0.52 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on USP Group and its competitors.
Is USP Group's Inventory Turnover too high?
USP Group's current Inventory Turnover is 0.52.
How does USP Group's Inventory Turnover compare to HON and MMM?
USP Group's Inventory Turnover of 0.52 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Inventory Turnover depends on the Conglomerates 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 USP Group and its competitors. USP Group's current Inventory Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USP Group stock overvalued right now?
USP Group (SGX:BRS) has a current Inventory Turnover of 0.52. The current Inventory Turnover is 0.52. 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 USP Group (SGX:BRS), the current Inventory Turnover is 0.52 as of Dec. 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.

USP Group Business Description

Address 7 Temasek Boulevard, No. 29-02A, Singapore, SGP, 038987
USP Group Ltd is an investment holding company. The company operates through the segments of Property investments; Marine distributors and dealerships; Calibration of environmental equipment and others. It generates maximum revenue from the Marine distributors and dealerships segment. The Marine distributors and dealerships segment is a trader of marine equipment and related products. Geographically, it derives a majority of revenue from Malaysia.