Singapore Paincare Holdings (SGX:FRQ) Inventory Turnover : 1.74 (As of Dec. 2023)

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What is Singapore Paincare 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. Singapore Paincare Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$2.52 Mil. Singapore Paincare Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was S$1.45 Mil. Singapore Paincare Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Singapore Paincare Holdings's Days Inventory for the six months ended in Dec. 2023 was 104.99.

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. Singapore Paincare Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Singapore Paincare Holdings Inventory Turnover Historical Data

The historical data trend for Singapore Paincare 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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Singapore Paincare Holdings Inventory Turnover Chart

Singapore Paincare Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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5.65

4.47

2.81

3.52

3.31

Singapore Paincare Holdings Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial								2.12	1.87	1.56	1.60	1.74

Singapore Paincare Holdings Inventory Turnover Calculation

Singapore Paincare Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	3.807	/ (	(1.023	+	1.277)	/	2 )
=	3.807	/	1.15
=	3.31

Singapore Paincare Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2.524	/ (	(1.277	+	1.627)	/	2 )
=	2.524	/	1.452
=	1.74

Singapore Paincare Holdings (SGX:FRQ) 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.

Singapore Paincare Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1.452	/	2.524	*	365 / 2
	=	104.99

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.

Singapore Paincare Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1.452	/	13.36
	=	0.11

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.

Singapore Paincare Holdings Inventory Turnover Related Terms

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Singapore Paincare Holdings (SGX:FRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Singapore Paincare Holdings Ltd (SGX:FRQ) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

601 Macpherson Road, No. 06-20/21 Grantral Mall, Singapore, SGP, 368242

Website

https://www.sgpaincareholdings.com

Singapore Paincare Holdings Ltd is a medical services group engaged in pain care services, and primary care and other services. It offers Pain care services focused on the treatment of patients suffering from chronic pain. Its pain care services include, among others, minimally invasive procedures, cancer pain treatment, specialised injections, pharmacotherapy, and cognitive behavioural therapy. Its Primary care and other services provide general medical consultations, management of chronic and acute conditions, and dermatology services. Through its associated company, it also provides health screening services. The company derives its revenue from Singapore.

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