Nippecraft (SGX:N32) Inventory Turnover: 15.27 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nippecraft Inventory Turnover?

Nippecraft SGX:N32 -11.11% Inventory Turnover is 15.27 as of Jun. 2026. The stock has 2 warning signs investors should review.

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. Nippecraft's Cost of Goods Sold for the six months ended in Jun. 2026 was S$65.9 Mil. Nippecraft's Average Total Inventories for the quarter that ended in Jun. 2026 was S$4.3 Mil. Nippecraft's Inventory Turnover for the quarter that ended in Jun. 2026 was 15.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippecraft's Days Inventory for the six months ended in Jun. 2026 was 11.95.

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. Nippecraft's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.06.

Nippecraft  (SGX:N32) 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.

Nippecraft's Days Inventory for the six months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=4.3185/65.936*365 / 2
=11.95

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.

Nippecraft's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=4.3185 / 69.834
=0.06

* 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.

Nippecraft Inventory Turnover Related Terms

Nippecraft Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nippecraft'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.

Nippecraft Inventory Turnover Chart

Nippecraft Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.97 52.67 39.23 32.48 29.96

Nippecraft Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 11.48 13.42 10.27 13.98 15.27

Nippecraft Inventory Turnover Calculation

Nippecraft's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=119.089 / ((4.204 + 3.747) / 2 )
=119.089 / 3.9755
=29.96

Nippecraft's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count )
=65.936 / ((3.747 + 4.89) / 2 )
=65.936 / 4.3185
=15.27

* 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 15.27 mean?
Nippecraft (SGX:N32) has a Inventory Turnover of 15.27 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nippecraft and its competitors.
Is Nippecraft's Inventory Turnover too high?
Nippecraft's current Inventory Turnover is 15.27.
How does Nippecraft's Inventory Turnover compare to competitors?
Nippecraft's Inventory Turnover of 15.27 can be compared against companies in the Forest Products 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 Forest Products company?
A good Inventory Turnover depends on the Forest Products 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 Nippecraft and its competitors. Nippecraft's current Inventory Turnover is 15.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippecraft stock overvalued right now?
Based on GuruFocus' analysis, Nippecraft (SGX:N32) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 20% below its estimated fair value. The current Inventory Turnover is 15.27. 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 Nippecraft (SGX:N32), the current Inventory Turnover is 15.27 as of Jun. 2026. 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.

Nippecraft Business Description

Address 2 Venture Drive, No. 24-01 Vision Exchange, Singapore, SGP, 608526
Nippecraft Ltd is a Singapore-based company providing diaries, notebooks, organizers, and other stationery products for the office, home, or school environment. The company's main brands are Collins and Debden. The group has two segments, namely, the Stationery business and the Trading business. The Stationery business includes activities such as design, development, sales, and marketing of planners and diaries, business accessories, and related stationery products. The Trading business includes trading and strategic sourcing of recycled waste, chemicals, papers, paper bags, and pulp. It generates the majority of its revenue from the Trading segment.