Wing Tai Holdings (SGX:W05) Inventory Turnover : 0.07 (As of Dec. 2024)

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What is Wing Tai 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. Wing Tai Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was S$62.5 Mil. Wing Tai Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was S$883.4 Mil. Wing Tai Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wing Tai Holdings's Days Inventory for the six months ended in Dec. 2024 was 2,577.83.

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. Wing Tai Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 7.84.

Wing Tai Holdings Inventory Turnover Historical Data

The historical data trend for Wing Tai 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.

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Wing Tai Holdings Inventory Turnover Chart

Wing Tai Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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0.18

0.31

0.54

0.57

0.11

Wing Tai Holdings 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															0.26	0.21	0.07	0.04	0.07

Wing Tai Holdings Inventory Turnover Calculation

Wing Tai Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	70.694	/ (	(649.802	+	638.503)	/	2 )
=	70.694	/	644.1525
=	0.11

Wing Tai Holdings'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 )
=	62.542	/ (	(638.503	+	1128.32)	/	2 )
=	62.542	/	883.4115
=	0.07

Wing Tai Holdings (SGX:W05) 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.

Wing Tai Holdings'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
	=	883.4115	/	62.542	*	365 / 2
	=	2,577.83

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.

Wing Tai Holdings'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 )
	=	883.4115	/	112.66
	=	7.84

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.

Wing Tai Holdings Inventory Turnover Related Terms

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Wing Tai Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Holdings Ltd (SGX:W05) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

3 Killiney Road, No. 10-01 Winsland House I, Singapore, SGP, 239519

Website

https://www.wingtaiasia.com.sg

Wing Tai Holdings Ltd is a Singapore-based company that is principally engaged in the real estate business through its subsidiaries. The company's business segments consist of development properties, investment properties, retail, and other operations comprising mainly investing, central management and administrative activities. The company generates over half of its total revenue from sale of development properties, and the rest from sale of goods, rental income, management fees arising from management and maintenance of properties, dividend income, and other. The company has a business presence in Singapore, Malaysia, the People's Republic of China, and Hong Kong, with Singapore contributing the majority of total revenue.

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