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Cityneon Holdings (Cityneon Holdings) Inventory Turnover : 17.73 (As of Sep. 2018)


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What is Cityneon Holdings 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. Cityneon Holdings's Cost of Goods Sold for the three months ended in Sep. 2018 was S$14.2 Mil. Cityneon Holdings's Average Total Inventories for the quarter that ended in Sep. 2018 was S$0.8 Mil. Cityneon Holdings's Inventory Turnover for the quarter that ended in Sep. 2018 was 17.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cityneon Holdings's Days Inventory for the three months ended in Sep. 2018 was 5.15.

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. Cityneon Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.03.


Cityneon Holdings Inventory Turnover Historical Data

The historical data trend for Cityneon Holdings'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.

Cityneon Holdings Inventory Turnover Chart

Cityneon Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 176.98 191.25 287.01 137.59 74.87

Cityneon Holdings Quarterly Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 14.00 22.83 10.34 19.72 17.73

Cityneon Holdings Inventory Turnover Calculation

Cityneon Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=52.894 / ((0.731 + 0.682) / 2 )
=52.894 / 0.7065
=74.87

Cityneon Holdings's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover (Q: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2018 ) / ((Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count )
=14.201 / ((0.744 + 0.858) / 2 )
=14.201 / 0.801
=17.73

* 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.


Cityneon Holdings  (OTCPK:CNHDF) 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.

Cityneon Holdings's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=0.801/14.201*365 / 4
=5.15

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.

Cityneon Holdings's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=0.801 / 30.064
=0.03

* 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.


Cityneon Holdings Inventory Turnover Related Terms

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Cityneon Holdings (Cityneon Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Cityneon Holdings Ltd is engaged in providing various business services. The company operates its business through various segments that are Experiential Environment, which comprise of architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, replicas, and others; Interior Architecture, which comprise of conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, and others; Exhibitions, which comprise of design, fabrication, installation and project management of customized exhibition booths and pavilions, and others; Events, which assist in operations; and Intellectual Property Rights. It offers its services to Singapore, Middle East, Malaysia, China, Asia-Pacific, and other regions.

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