SYWTF (Synertone Communication) Inventory Turnover : 0.58 (As of Mar. 2024)

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What is Synertone Communication 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. Synertone Communication's Cost of Goods Sold for the six months ended in Mar. 2024 was $3.47 Mil. Synertone Communication's Average Total Inventories for the quarter that ended in Mar. 2024 was $6.00 Mil. Synertone Communication's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synertone Communication's Days Inventory for the six months ended in Mar. 2024 was 315.73.

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. Synertone Communication's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

Synertone Communication Inventory Turnover Historical Data

The historical data trend for Synertone Communication'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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Synertone Communication Inventory Turnover Chart

Synertone Communication Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.06

1.40

1.72

0.99

0.80

Synertone Communication Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.25	0.32	0.75	0.22	0.58

Synertone Communication Inventory Turnover Calculation

Synertone Communication's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	4.835	/ (	(6.175	+	5.857)	/	2 )
=	4.835	/	6.016
=	0.80

Synertone Communication's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	3.469	/ (	(6.146	+	5.857)	/	2 )
=	3.469	/	6.0015
=	0.58

Synertone Communication (GREY:SYWTF) 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.

Synertone Communication's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	6.0015	/	3.469	*	365 / 2
	=	315.73

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.

Synertone Communication's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	6.0015	/	5.81
	=	1.03

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.

Synertone Communication Inventory Turnover Related Terms

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Synertone Communication Business Description

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01613:Hong Kong

Address

66 Mody Road, Room 1012, 10th Floor, Tsim Sha Tsui Centre, Kowloon, Hong Kong, HKG

Website

http://www.synertone.net

Synertone Communication Corp is an investment holding company. The company's operating segments include Building intelligence, Control system, and Data Centre. It generates maximum revenue from the Building intelligence segment which includes the provision of video intercom systems and security alarm solutions for residential complexes; and smart home automation systems for new and existing households. Its Control System segment includes the provision of automation hardware and software products, information systems platforms, as well as the industrial and monitoring and scheduling management system solutions for the municipal utility industry. The Data Centre segment includes rental and maintenance services of computer equipment and machines and other related services.

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