AEM Holdings (SGX:AWX) Inventory Turnover : 0.46 (As of Dec. 2023)

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What is AEM 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. AEM Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$159.8 Mil. AEM Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was S$347.2 Mil. AEM Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AEM Holdings's Days Inventory for the six months ended in Dec. 2023 was 396.47.

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. AEM Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.68.

AEM Holdings Inventory Turnover Historical Data

The historical data trend for AEM 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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AEM Holdings Inventory Turnover Chart

AEM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.53

5.13

2.66

2.08

1.01

AEM Holdings 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															1.53	1.55	0.69	0.52	0.46

AEM Holdings Inventory Turnover Calculation

AEM Holdings'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 )
=	351.987	/ (	(367.723	+	328.616)	/	2 )
=	351.987	/	348.1695
=	1.01

AEM Holdings'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 )
=	159.804	/ (	(365.709	+	328.616)	/	2 )
=	159.804	/	347.1625
=	0.46

AEM Holdings (SGX:AWX) 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.

AEM Holdings'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
	=	347.1625	/	159.804	*	365 / 2
	=	396.47

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.

AEM Holdings'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 )
	=	347.1625	/	206.062
	=	1.68

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.

AEM Holdings Inventory Turnover Related Terms

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AEM Holdings (SGX:AWX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AEM Holdings Ltd (SGX:AWX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

XWA:Singapore

Address

52 Serangoon North Avenue 4, Singapore, SGP, 555853

Website

https://www.aem.com.sg

AEM Holdings Ltd is a Singapore-based investment holding company. The group is primarily engaged in designing and manufacturing semiconductor manufacturing equipment and related tooling parts and precision machining of components. The operating segments of the group are Test Cell Solutions (TCS); Instrumentation (INS); Contract Manufacturing (CM) and Others. The group generates the majority of the revenue from the TCS segment. The Test systems solutions segment provides customized system solutions involving high-speed motion and mechanical design to both mass-volume manufacturers and technology development laboratories. The group operates in Singapore, Malaysia, China, the USA, Vietnam, Finland, and Other countries.