CSE Global (CSE Global) Inventory Turnover : 3.92 (As of Dec. 2023)

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What is CSE Global 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. CSE Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $204.0 Mil. CSE Global's Average Total Inventories for the quarter that ended in Dec. 2023 was $52.1 Mil. CSE Global's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CSE Global's Days Inventory for the six months ended in Dec. 2023 was 46.57.

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. CSE Global's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

CSE Global Inventory Turnover Historical Data

The historical data trend for CSE Global'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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CSE Global Inventory Turnover Chart

CSE Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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17.27

15.06

11.89

10.15

8.61

CSE Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															5.71	5.78	5.10	4.21	3.92

CSE Global Inventory Turnover Calculation

CSE Global'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 )
=	394.255	/ (	(38.486	+	53.122)	/	2 )
=	394.255	/	45.804
=	8.61

CSE Global's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	203.988	/ (	(50.981	+	53.122)	/	2 )
=	203.988	/	52.0515
=	3.92

CSE Global (OTCPK:CSYJY) 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.

CSE Global'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
	=	52.0515	/	203.988	*	365 / 2
	=	46.57

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.

CSE Global's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	52.0515	/	282.09
	=	0.18

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.

CSE Global Inventory Turnover Related Terms

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CSE Global (CSE Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CSE Global Ltd (OTCPK:CSYJY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CSYJF:USA 544:Singapore

Address

202 Bedok South Avenue 1, Building C No. 01-21, Singapore, SGP, 469332

Website

https://www.cse-global.com

CSE Global Ltd is an international technology company. It is engaged in the provision of total integrated industrial automation, information technology and intelligent transport solutions and investment holding. The company provide network and security solutions, targeting to Mining, Infrastructure, Oil, and Gas industry. The revenue sources of the group are Project revenue, Time and material revenue, Maintenance revenue and Equipment rental. The geographical regions of the company are Americas, Asia Pacific and EMEA.

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