Chasen Holdings (SGX:5NV) Inventory Turnover : 7.73 (As of Sep. 2023)

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What is Chasen 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. Chasen Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was S$60.6 Mil. Chasen Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was S$7.8 Mil. Chasen Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chasen Holdings's Days Inventory for the six months ended in Sep. 2023 was 23.60.

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. Chasen Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.10.

Chasen Holdings Inventory Turnover Historical Data

The historical data trend for Chasen 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.

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Chasen Holdings Inventory Turnover Chart

Chasen Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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20.53

16.83

17.49

18.90

16.67

Chasen Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															10.39	8.88	8.17	8.31	7.73

Chasen Holdings Inventory Turnover Calculation

Chasen Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	134.798	/ (	(8.157	+	8.019)	/	2 )
=	134.798	/	8.088
=	16.67

Chasen Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	60.624	/ (	(8.019	+	7.66)	/	2 )
=	60.624	/	7.8395
=	7.73

Chasen Holdings (SGX:5NV) 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.

Chasen Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	7.8395	/	60.624	*	365 / 2
	=	23.60

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.

Chasen Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	7.8395	/	75.104
	=	0.10

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.

Chasen Holdings Inventory Turnover Related Terms

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Chasen Holdings (SGX:5NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Chasen Holdings Ltd (SGX:5NV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

18 Jalan Besut, Singapore, SGP, 619571

Website

https://www.chasen.com.sg

Chasen Holdings Ltd is an investment holding company. It operates in three segments, including Specialist Relocation Solutions, Third Party Logistics, and Technical and Engineering. The company generates maximum revenue from the Third Party Logistics segment. The third-Party Logistics segment is the provision of packaging, trucking, distribution, freight forwarding, non-bonded and bonded warehousing (with in-house Customs clearance), cargo management and last-mile services. Geographically, it derives a majority of its revenue from the People's Republic of China, with a presence in Singapore, Malaysia, Thailand, the United States of America, and Vietnam.

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