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YKGI (SGX:YK9) Inventory Turnover : 22.91 (As of Jun. 2024)


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What is YKGI 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. YKGI's Cost of Goods Sold for the six months ended in Jun. 2024 was S$16.48 Mil. YKGI's Average Total Inventories for the quarter that ended in Jun. 2024 was S$0.72 Mil. YKGI's Inventory Turnover for the quarter that ended in Jun. 2024 was 22.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YKGI's Days Inventory for the six months ended in Jun. 2024 was 7.96.

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. YKGI's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.02.

YKGI Inventory Turnover Historical Data

The historical data trend for YKGI'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.

YKGI Inventory Turnover Chart

YKGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
30.90 45.32 44.46 34.34 40.59

YKGI Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 16.13 21.29 22.36 22.22 22.91

YKGI Inventory Turnover Calculation

YKGI'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 )
=33.367 / ((0.745 + 0.899) / 2 )
=33.367 / 0.822
=40.59

YKGI's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=16.475 / ((0.899 + 0.539) / 2 )
=16.475 / 0.719
=22.91

* 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.

YKGI  (SGX:YK9) 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.

YKGI's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0.719/16.475*365 / 2
=7.96

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.

YKGI's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0.719 / 31.898
=0.02

* 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.

YKGI Inventory Turnover Related Terms

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YKGI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » YKGI Ltd (SGX:YK9) » Definitions » Inventory Turnover
Comparable Companies
SGX:DRX SGX:540 SGX:5OI SGX:5DO SGX:5ML SGX:5KI SGX:596 SGX:1G1 SGX:533 SGX:1A0 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR YUMC DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
32 Woodlands Terrace, Singapore, SGP, 738452
Website
https://www.ykgi.com.sg
YKGI Ltd is engaged in the food and beverage business. It owns and operates a diverse portfolio of non-Halal and Halal brands including Yew Kee Duck Rice, XO Minced Meat Noodles, My Kampung Chicken Rice, PastaGo, and Victoria Bakery. The company's principal business activities are food and beverage operations, food court management, and franchising and sub-franchising. The operations are based in Singapore. It operates one central kitchen and 45 Food Outlets, manages five food courts, and is the exclusive franchisee of all 31 CHICHA San Chen tea shops in Singapore.

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