Heatec Jietong Holdings (SGX:5OR) Change In Inventory : S$0.02 Mil (TTM As of Jun. 2023)

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What is Heatec Jietong Holdings Change In Inventory?

Heatec Jietong Holdings's change in inventory for the quarter that ended in Jun. 2023 was S$0.01 Mil. It means Heatec Jietong Holdings's inventory declined by S$0.01 Mil from Dec. 2022 to Jun. 2023 .

Heatec Jietong Holdings's change in inventory for the fiscal year that ended in Dec. 2022 was S$0.02 Mil. It means Heatec Jietong Holdings's inventory declined by S$0.02 Mil from Dec. 2021 to Dec. 2022 .

Heatec Jietong Holdings's Total Inventories for the quarter that ended in Jun. 2023 was S$0.35 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heatec Jietong Holdings's Days Inventory for the quarter that ended in Jun. 2023 was 8.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heatec Jietong Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 21.90.

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. Heatec Jietong Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.

Heatec Jietong Holdings Change In Inventory Historical Data

The historical data trend for Heatec Jietong Holdings's Change In Inventory 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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Heatec Jietong Holdings Change In Inventory Chart

Heatec Jietong Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-0.63

0.85

-0.24

0.13

0.02

Heatec Jietong Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial															0.02	0.11	-	0.02	0.01

Heatec Jietong Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.02 Mil.

Heatec Jietong Holdings (SGX:5OR) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Heatec Jietong Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.3555	/	7.785	*	365 / 2
	=	8.33

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Heatec Jietong Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.785	/	0.3555
	=	21.90

3. 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.

Heatec Jietong Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3555	/	11.751
	=	0.03

Heatec Jietong Holdings Change In Inventory Related Terms

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Heatec Jietong Holdings (SGX:5OR) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Heatec Jietong Holdings Ltd (SGX:5OR) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 10 Tuas South Street 15, Singapore, SGP, 637076

Website

http://www.heatecholdings.com

Heatec Jietong Holdings Ltd is engaged in offering piping and heat exchanger services for the marine and oil and gas industries. The company's segments include Piping, Heat Exchangers, and Chemical cleaning. The Piping segment is engaged in the fabrication and installation of various types of piping. The Heat Exchanger segment, which derives the majority of revenue, engages in servicing and fabrication of heat exchangers. The Chemical cleaning segment is engaged in the provision of chemical cleaning services to ships and marine vessels. The Group's operations are carried out in Singapore.

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