HRnetGroup (SGX:CHZ) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is HRnetGroup 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. HRnetGroup's Cost of Goods Sold for the six months ended in Dec. 2023 was S$216.2 Mil. HRnetGroup's Average Total Inventories for the quarter that ended in Dec. 2023 was S$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HRnetGroup's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. HRnetGroup's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

HRnetGroup Inventory Turnover Historical Data

The historical data trend for HRnetGroup'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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HRnetGroup Inventory Turnover Chart

HRnetGroup Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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HRnetGroup Semi-Annual Data
	Dec14	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													-	-	-	-	-

HRnetGroup Inventory Turnover Calculation

HRnetGroup'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 )
=	439.503	/ (	(0	+	0)	/	1 )
=	439.503	/	0
=	N/A

HRnetGroup'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 )
=	216.244	/ (	(0	+	0)	/	1 )
=	216.244	/	0
=	N/A

HRnetGroup (SGX:CHZ) 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.

HRnetGroup'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
	=	0	/	216.244	*	365 / 2
	=	0.00

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.

HRnetGroup'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 )
	=	0	/	283.713
	=	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.

HRnetGroup Inventory Turnover Related Terms

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HRnetGroup (SGX:CHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HRnetGroup Ltd (SGX:CHZ) » Definitions » Inventory Turnover

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Address

391A Orchard Road, Ngee Ann City Tower A, Unit No. 23-06, Singapore, SGP, 238873

Website

https://www.hrnetgroup.com

HRnetGroup Ltd is a recruitment agency that operates and manages the business through three operating segments; Flexible staffing, Professional recruitment, and Others. The company serves a wide spectrum of industries, including financial institutions, information technology, telecommunications, retail and consumer, manufacturing, healthcare life science, insurance, and logistics. Geographically, the company functions across Singapore, North Asia, and the Rest of Asia. Maximum revenue is generated by the Flexible staffing segment.

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