Sim Leisure Group (SGX:URR) Inventory Turnover : 127.77 (As of Dec. 2023)

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What is Sim Leisure 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. Sim Leisure Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$11.88 Mil. Sim Leisure Group's Average Total Inventories for the quarter that ended in Dec. 2023 was S$0.09 Mil. Sim Leisure Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 127.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sim Leisure Group's Days Inventory for the six months ended in Dec. 2023 was 1.43.

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

Sim Leisure Group Inventory Turnover Historical Data

The historical data trend for Sim Leisure 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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Sim Leisure Group Inventory Turnover Chart

Sim Leisure Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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102.65

29.17

24.59

68.27

193.19

Sim Leisure Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial								19.48	28.38	54.05	143.56	127.77

Sim Leisure Group Inventory Turnover Calculation

Sim Leisure Group'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 )
=	22.12	/ (	(0.094	+	0.135)	/	2 )
=	22.12	/	0.1145
=	193.19

Sim Leisure Group'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 )
=	11.883	/ (	(0.051	+	0.135)	/	2 )
=	11.883	/	0.093
=	127.77

Sim Leisure Group (SGX:URR) 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.

Sim Leisure Group'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
	=	0.093	/	11.883	*	365 / 2
	=	1.43

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.

Sim Leisure Group'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 )
	=	0.093	/	22.847
	=	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.

Sim Leisure Group Inventory Turnover Related Terms

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Sim Leisure Group (SGX:URR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sim Leisure Group Ltd (SGX:URR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

828 Jalan Teluk Bahang, Teluk Bahang, PNG, MYS, 11050

Website

https://www.simleisuregroup.com

Sim Leisure Group Ltd and its subsidiaries are engaged in the theme park operations and events. The company presently operates Theme Parks, ESCAPE AdventurePlay and ESCAPE Waterplay, which is co-located next to each other in Penang, Malaysia and caters to local and foreign visitors and tourists. It derives revenue from ticketing, food and beverages, merchandising sales and services from operating theme parks in Malaysia. The group's revenue is mainly derived from Malaysia.

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