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Hotel Royal (SGX:H12) Inventory Turnover : 17.69 (As of Dec. 2023)


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What is Hotel Royal 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. Hotel Royal's Cost of Goods Sold for the six months ended in Dec. 2023 was S$15.16 Mil. Hotel Royal's Average Total Inventories for the quarter that ended in Dec. 2023 was S$0.86 Mil. Hotel Royal's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hotel Royal's Days Inventory for the six months ended in Dec. 2023 was 10.32.

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. Hotel Royal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Hotel Royal Inventory Turnover Historical Data

The historical data trend for Hotel Royal'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.

Hotel Royal Inventory Turnover Chart

Hotel Royal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.63 20.28 21.62 30.29 34.88

Hotel Royal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.16 12.26 17.65 19.66 17.69

Hotel Royal Inventory Turnover Calculation

Hotel Royal's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=29.474 / ((0.716 + 0.974) / 2 )
=29.474 / 0.845
=34.88

Hotel Royal'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 )
=15.158 / ((0.74 + 0.974) / 2 )
=15.158 / 0.857
=17.69

* 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.


Hotel Royal  (SGX:H12) 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.

Hotel Royal'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
=0.857/15.158*365 / 2
=10.32

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.

Hotel Royal'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 )
=0.857 / 30.799
=0.03

* 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.


Hotel Royal Inventory Turnover Related Terms

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Hotel Royal (SGX:H12) Business Description

Traded in Other Exchanges
N/A
Address
36 Newton Road, Singapore, SGP, 307964
Hotel Royal Ltd is in the business of hotel operations, property investment and financial investment. The group has Hotel, Properties, and Financial investments segments. It owns and operates the hotels under the Hotel Royal brand name and also provides ancillary services such as food and beverage. The company owns and leases investment properties in Singapore, Malaysia, and New Zealand. It also holds financial assets to generate income and potential capital appreciation. The company generates most of its revenues from the Hotel segment. It operates its business in Singapore, Malaysia, Thailand, and New Zealand.

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