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SMBMF (Seatrium) Inventory Turnover : 18.73 (As of Jun. 2024)


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What is Seatrium 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. Seatrium's Cost of Goods Sold for the six months ended in Jun. 2024 was $2,861 Mil. Seatrium's Average Total Inventories for the quarter that ended in Jun. 2024 was $153 Mil. Seatrium's Inventory Turnover for the quarter that ended in Jun. 2024 was 18.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seatrium's Days Inventory for the six months ended in Jun. 2024 was 9.74.

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. Seatrium's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.05.

Seatrium Inventory Turnover Historical Data

The historical data trend for Seatrium'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.

Seatrium Inventory Turnover Chart

Seatrium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.91 19.48 36.02 30.26 57.23

Seatrium 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 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 17.64 13.09 11.42 13.78 18.73

Seatrium Inventory Turnover Calculation

Seatrium'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 )
=5630.83 / ((52.568 + 144.22) / 2 )
=5630.83 / 98.394
=57.23

Seatrium'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 )
=2861.139 / ((144.22 + 161.253) / 2 )
=2861.139 / 152.7365
=18.73

* 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.

Seatrium  (OTCPK:SMBMF) 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.

Seatrium'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
=152.7365/2861.139*365 / 2
=9.74

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.

Seatrium'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 )
=152.7365 / 2970.144
=0.05

* 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.

Seatrium Inventory Turnover Related Terms

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Seatrium Business Description

Industry
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SGX:BS6 SGX:S63 SGX:BTM SGX:1J4 SGX:A04 SGX:1V3 SGX:BEZ BA XPAR:AIR RTX LMT XPAR:SAF GD NOC TDG LSE:BA. LHX LSE:RR. XPAR:HO BOM:541154
Traded in Other Exchanges
SMBMY:USA 5E2:Singapore S8N0:Germany
Address
80 Tuas South Boulevard, Singapore, SGP, 637051
Website
https://www.seatrium.com
Singapore-based Seatrium (formerly known as Sembcorp Marine) is a leading global marine and offshore engineering group with a track record of more than 60 years. The company specializes in ship repair, shipbuilding, ship conversion, rig building, and offshore engineering and construction. The company's global network includes facilities in Singapore, Brazil, China, Indonesia, Japan, Norway, the United Kingdom and the United States. Its Singapore operations include one of the largest integrated yards globally, Sembcorp Marine Tuas Boulevard Yard.