Hotel Grand Central (SGX:H18) Inventory Turnover : 65.43 (As of Dec. 2024)

View and export this data going back to 1978. Start your Free Trial

What is Hotel Grand Central 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 Grand Central's Cost of Goods Sold for the six months ended in Dec. 2024 was S$56.1 Mil. Hotel Grand Central's Average Total Inventories for the quarter that ended in Dec. 2024 was S$0.9 Mil. Hotel Grand Central's Inventory Turnover for the quarter that ended in Dec. 2024 was 65.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hotel Grand Central's Days Inventory for the six months ended in Dec. 2024 was 2.79.

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 Grand Central's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Hotel Grand Central Inventory Turnover Historical Data

The historical data trend for Hotel Grand Central'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 Grand Central Inventory Turnover Chart

Hotel Grand Central Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

34.33

40.88

90.60

96.22

95.46

Hotel Grand Central Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															63.49	59.40	64.56	59.95	65.43

Hotel Grand Central Inventory Turnover Calculation

Hotel Grand Central's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	84.388	/ (	(0.863	+	0.905)	/	2 )
=	84.388	/	0.884
=	95.46

Hotel Grand Central'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	56.107	/ (	(0.81	+	0.905)	/	2 )
=	56.107	/	0.8575
=	65.43

Hotel Grand Central (SGX:H18) 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 Grand Central's Days Inventory for the six 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
	=	0.8575	/	56.107	*	365 / 2
	=	2.79

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 Grand Central'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 )
	=	0.8575	/	72.389
	=	0.01

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 Grand Central Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hotel Grand Central's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hotel Grand Central Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hotel Grand Central Ltd (SGX:H18) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Cavenagh Road, Singapore, SGP, 229617

Website

https://www.grandcentral.com.sg

Hotel Grand Central Ltd is a Singapore-based company that owns and operates hotels and properties. It runs its business under the brand name Grand Hotels International and Hotel Grand Chancellor across Australia and New Zealand. It operates its business in five geographic segments, namely Singapore, Malaysia, Australia, New Zealand, and China. The company earns the majority of its revenue from Australia. The Group's products and services include hotel Operations & Commercial property investments, the majority is derived from Hotel operations.

Hotel Grand Central Headlines

No Headlines