Vibrant Group (SGX:BIP) Inventory Turnover : 617.63 (As of Oct. 2023)

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What is Vibrant Group 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. Vibrant Group's Cost of Goods Sold for the six months ended in Oct. 2023 was S$46.9 Mil. Vibrant Group's Average Total Inventories for the quarter that ended in Oct. 2023 was S$0.1 Mil. Vibrant Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 617.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vibrant Group's Days Inventory for the six months ended in Oct. 2023 was 0.30.

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. Vibrant Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.

Vibrant Group Inventory Turnover Historical Data

The historical data trend for Vibrant Group'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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Vibrant Group Inventory Turnover Chart

Vibrant Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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459.25

232.40

316.14

954.25

1,526.62

Vibrant Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															270.45	445.65	834.12	638.79	617.63

Vibrant Group Inventory Turnover Calculation

Vibrant Group's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	112.97	/ (	(0.077	+	0.071)	/	2 )
=	112.97	/	0.074
=	1,526.62

Vibrant Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	46.94	/ (	(0.071	+	0.081)	/	2 )
=	46.94	/	0.076
=	617.63

Vibrant Group (SGX:BIP) 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.

Vibrant Group's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	0.076	/	46.94	*	365 / 2
	=	0.30

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.

Vibrant Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	0.076	/	70.029
	=	0.00

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.

Vibrant Group Inventory Turnover Related Terms

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Vibrant Group (SGX:BIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vibrant Group Ltd (SGX:BIP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

51 Penjuru Road No. 04-00, Freight Links Express Logisticentre, Singapore, SGP, 609143

Website

https://www.vibrant.com.sg

Vibrant Group Ltd offers integrated logistics services, design and building of commercial and industrial facilities and property development. The company's operating segment includes Freight and logistics; Financial services and Real estate. It generates maximum revenue from the Freight and logistics segment. The freight and logistics segment provides logistics services, including warehousing services, transportation services, inventory management services, and record management services. Geographically, it derives a majority of revenue from Singapore.