Sinarmas Land (SGX:A26) Inventory Turnover : 0.17 (As of Dec. 2023)

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What is Sinarmas Land 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. Sinarmas Land's Cost of Goods Sold for the six months ended in Dec. 2023 was S$267 Mil. Sinarmas Land's Average Total Inventories for the quarter that ended in Dec. 2023 was S$1,583 Mil. Sinarmas Land's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinarmas Land's Days Inventory for the six months ended in Dec. 2023 was 1,082.94.

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. Sinarmas Land's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.11.

Sinarmas Land Inventory Turnover Historical Data

The historical data trend for Sinarmas Land'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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Sinarmas Land Inventory Turnover Chart

Sinarmas Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.33

0.26

0.23

0.32

Sinarmas Land 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															0.16	0.08	0.15	0.15	0.17

Sinarmas Land Inventory Turnover Calculation

Sinarmas Land'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 )
=	486.878	/ (	(1446.94	+	1591.936)	/	2 )
=	486.878	/	1519.438
=	0.32

Sinarmas Land'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 )
=	266.8	/ (	(1574.388	+	1591.936)	/	2 )
=	266.8	/	1583.162
=	0.17

Sinarmas Land (SGX:A26) 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.

Sinarmas Land'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
	=	1583.162	/	266.8	*	365 / 2
	=	1,082.94

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.

Sinarmas Land'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 )
	=	1583.162	/	748.851
	=	2.11

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.

Sinarmas Land Inventory Turnover Related Terms

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Sinarmas Land (SGX:A26) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinarmas Land Ltd (SGX:A26) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

108 Pasir Panjang Road, No. 06-00 Golden Agri Plaza, Singapore, SGP, 118535

Website

https://www.sinarmasland.com

Sinarmas Land Ltd develops, leases, and manages properties in Indonesia, China, Malaysia, and Singapore. The company operates in four segments: Indonesia property, international property, United Kingdom property, and other. The Indonesia property segment contributes the majority of the company's revenue, owning around 10,000 hectares of land with projects in city development, residential, commercial, retail, industrial estates, and hospitality properties, as well as property-related services. International property engages in and derives revenue from the investment, development, and management of commercial and residential properties in Malaysia, China, and Singapore. Other operations include the investment holding and corporate office.

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