First Sponsor Group (SGX:ADN) Inventory-to-Revenue : 7.44 (As of Dec. 2023)

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What is First Sponsor Group Inventory-to-Revenue?

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. First Sponsor Group's Average Total Inventories for the quarter that ended in Dec. 2023 was S$1,093.3 Mil. First Sponsor Group's Revenue for the six months ended in Dec. 2023 was S$147.0 Mil. First Sponsor Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.44.

First Sponsor Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (7.18) to Jun. 2023 (7.44)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Sponsor Group's Days Inventory for the six months ended in Dec. 2023 was 2,475.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Sponsor Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.07.

First Sponsor Group Inventory-to-Revenue Historical Data

The historical data trend for First Sponsor Group's Inventory-to-Revenue 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.

First Sponsor Group Inventory-to-Revenue Chart

First Sponsor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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1.17

2.26

1.05

1.92

3.72

First Sponsor Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															1.80	6.45	2.75	7.18	7.44

Competitive Comparison of First Sponsor Group's Inventory-to-Revenue

For the Real Estate - Development subindustry, First Sponsor Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Sponsor Group's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where First Sponsor Group's Inventory-to-Revenue falls into.

First Sponsor Group Inventory-to-Revenue Calculation

First Sponsor Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (934.294	+	1170.236)	/	2 )	/	282.928
=	1052.265					/	282.928
=	3.72

First Sponsor Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1016.426	+	1170.236)	/	2 )	/	147.039
=	1093.331					/	147.039
=	7.44

First Sponsor Group (SGX:ADN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

First Sponsor Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1093.331	/	80.589	*	365 / 2
	=	2,475.93

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

First Sponsor Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	80.589	/	1093.331
	=	0.07

First Sponsor Group Inventory-to-Revenue Related Terms

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First Sponsor Group (SGX:ADN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Sponsor Group Ltd (SGX:ADN) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lorong Telok, Singapore, SGP, 049031

Website

https://www.1st-sponsor.com.sg

First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.