New Toyo International Holdings (SGX:N08) Inventory Turnover : 3.98 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is New Toyo International 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. New Toyo International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$147.2 Mil. New Toyo International Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was S$37.0 Mil. New Toyo International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Toyo International Holdings's Days Inventory for the six months ended in Dec. 2023 was 45.84.

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. New Toyo International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

New Toyo International Holdings Inventory Turnover Historical Data

The historical data trend for New Toyo International 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.

New Toyo International Holdings Inventory Turnover Chart

New Toyo International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.80

5.08

5.32

6.09

6.92

New Toyo International Holdings 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															2.67	2.52	2.93	3.18	3.98

New Toyo International Holdings Inventory Turnover Calculation

New Toyo International Holdings'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 )
=	271.507	/ (	(41.291	+	37.128)	/	2 )
=	271.507	/	39.2095
=	6.92

New Toyo International 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 )
=	147.183	/ (	(36.813	+	37.128)	/	2 )
=	147.183	/	36.9705
=	3.98

New Toyo International Holdings (SGX:N08) 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.

New Toyo International 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
	=	36.9705	/	147.183	*	365 / 2
	=	45.84

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.

New Toyo International 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 )
	=	36.9705	/	164.951
	=	0.22

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.

New Toyo International Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of New Toyo International Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

New Toyo International Holdings (SGX:N08) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » New Toyo International Holdings Ltd (SGX:N08) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Soon Lee Road, Singapore, SGP, 628079

Website

http://www.newtoyo.com

New Toyo International Holdings Ltd along with its subsidiaries is engaged in printing and sale of paper packaging materials. Its operating segments include Specialty papers which manufacture and sell laminated aluminum paper products and other packaging products. Printed cartons and labels segment includes printing and sale of paper packaging materials. The trading segment includes the sale of raw materials, paper products, and equipment. Tissue paper segment manufactures and sells paper products. Investment holding segment includes Investing activities, including investment in properties. It generates the majority of the revenue from Specialty papers segment.

New Toyo International Holdings (SGX:N08) Headlines

No Headlines