Tuan Sing Holdings (SGX:T24) Inventory Turnover : 0.82 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Tuan Sing 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. Tuan Sing Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$114.1 Mil. Tuan Sing Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was S$139.0 Mil. Tuan Sing Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuan Sing Holdings's Days Inventory for the six months ended in Dec. 2023 was 222.32.

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. Tuan Sing Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.87.

Tuan Sing Holdings Inventory Turnover Historical Data

The historical data trend for Tuan Sing 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.

Tuan Sing Holdings Inventory Turnover Chart

Tuan Sing Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.68

0.45

0.65

0.61

1.32

Tuan Sing 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															0.31	0.29	0.32	0.53	0.82

Tuan Sing Holdings Inventory Turnover Calculation

Tuan Sing 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 )
=	213.748	/ (	(211.883	+	112.365)	/	2 )
=	213.748	/	162.124
=	1.32

Tuan Sing 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 )
=	114.064	/ (	(165.544	+	112.365)	/	2 )
=	114.064	/	138.9545
=	0.82

Tuan Sing Holdings (SGX:T24) 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.

Tuan Sing 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
	=	138.9545	/	114.064	*	365 / 2
	=	222.32

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.

Tuan Sing 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 )
	=	138.9545	/	158.988
	=	0.87

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.

Tuan Sing Holdings Inventory Turnover Related Terms

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

Tuan Sing Holdings (SGX:T24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tuan Sing Holdings Ltd (SGX:T24) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Oxley Rise, No.03-02 The Oxley, Singapore, SGP, 238697

Website

https://www.tuansing.com

Tuan Sing Holdings Ltd is a regional investment holding company with interests mainly in real estate investment, real estate development, and hospitality. The operating segments of the group are Real Estate Investment; Real Estate Development; Hospitality; Industrial Services and Other Investments. It derives key revenue from the Real estate development segment which involves the property development and provision of construction management services in Singapore and Indonesia. The group has a business presence in Singapore, Australia, China, Malaysia, and Indonesia.

Tuan Sing Holdings (SGX:T24) Headlines

No Headlines