SLVFF (Silverlake Axis) Inventory Turnover : 205.22 (As of Jun. 2024)

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What is Silverlake Axis 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. Silverlake Axis's Cost of Goods Sold for the six months ended in Jun. 2024 was $41.7 Mil. Silverlake Axis's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.2 Mil. Silverlake Axis's Inventory Turnover for the quarter that ended in Jun. 2024 was 205.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silverlake Axis's Days Inventory for the six months ended in Jun. 2024 was 0.89.

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. Silverlake Axis's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Silverlake Axis Inventory Turnover Historical Data

The historical data trend for Silverlake Axis'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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Silverlake Axis Inventory Turnover Chart

Silverlake Axis Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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273.58

299.21

582.81

739.26

578.75

Silverlake Axis Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															344.64	355.18	335.03	250.30	205.22

Silverlake Axis Inventory Turnover Calculation

Silverlake Axis'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 )
=	79.289	/ (	(0.086	+	0.188)	/	2 )
=	79.289	/	0.137
=	578.75

Silverlake Axis'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 )
=	41.66	/ (	(0.218	+	0.188)	/	2 )
=	41.66	/	0.203
=	205.22

Silverlake Axis (OTCPK:SLVFF) 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.

Silverlake Axis'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
	=	0.203	/	41.66	*	365 / 2
	=	0.89

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.

Silverlake Axis'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 )
	=	0.203	/	81.98
	=	0.00

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.

Silverlake Axis Inventory Turnover Related Terms

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Silverlake Axis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silverlake Axis Ltd (OTCPK:SLVFF) » Definitions » Inventory Turnover

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5CP:Singapore

Address

6 Raffles Quay, No. 18-00, Singapore, SGP, 048580

Website

https://www.silverlakeaxis.com

Silverlake Axis Ltd is a provider of software solutions for the banking, insurance, government, retail, and logistics industries. The firm's operations are organized in seven segments: software licensing, software project services, maintenance and enhancement services, sale of software and hardware products, Insurance ecosystem transactions and services, Retail transactions processing, and Others. The firm has operations in Southeast Asia, Northeast Asia, South Asia, the Middle East, the Americas, Africa, and Europe.