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Low Keng Huat (Singapore) (SGX:F1E) Inventory Turnover : 0.39 (As of Jan. 2024)


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What is Low Keng Huat (Singapore) 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. Low Keng Huat (Singapore)'s Cost of Goods Sold for the six months ended in Jan. 2024 was S$145.3 Mil. Low Keng Huat (Singapore)'s Average Total Inventories for the quarter that ended in Jan. 2024 was S$370.3 Mil. Low Keng Huat (Singapore)'s Inventory Turnover for the quarter that ended in Jan. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Low Keng Huat (Singapore)'s Days Inventory for the six months ended in Jan. 2024 was 465.11.

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. Low Keng Huat (Singapore)'s Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 2.12.


Low Keng Huat (Singapore) Inventory Turnover Historical Data

The historical data trend for Low Keng Huat (Singapore)'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.

* Premium members only.

Low Keng Huat (Singapore) Inventory Turnover Chart

Low Keng Huat (Singapore) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.10 0.24 0.13 0.71

Low Keng Huat (Singapore) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.07 0.06 0.34 0.39

Low Keng Huat (Singapore) Inventory Turnover Calculation

Low Keng Huat (Singapore)'s Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Inventory Turnover (A: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2024 ) / ((Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count )
=307.628 / ((544.179 + 321.665) / 2 )
=307.628 / 432.922
=0.71

Low Keng Huat (Singapore)'s Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=145.316 / ((419.029 + 321.665) / 2 )
=145.316 / 370.347
=0.39

* 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.


Low Keng Huat (Singapore)  (SGX:F1E) 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.

Low Keng Huat (Singapore)'s Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=370.347/145.316*365 / 2
=465.11

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.

Low Keng Huat (Singapore)'s Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=370.347 / 174.89
=2.12

* 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.


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.


Low Keng Huat (Singapore) Inventory Turnover Related Terms

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Low Keng Huat (Singapore) (SGX:F1E) Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No.18-05/09 Parkway Parade, Singapore, SGP, 449269
Low Keng Huat (Singapore) Ltd is a Singapore based builder engaged in the business segments which include Development, Hotels, and Investments. The Development segment is engaged in the development of properties, Hotel segment is engaged in owning and operating hotels and restaurants, and Investments segment is engaged in investment in properties and shares in quoted and unquoted equities. Geographically, the group has a business presence in Singapore, Australia, and other countries, of which key revenue is generated from Singapore.

Low Keng Huat (Singapore) (SGX:F1E) Headlines

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