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A-Smart Holdings (A-Smart Holdings) Inventory Turnover : 0.14 (As of Jan. 2024)


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What is A-Smart 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. A-Smart Holdings's Cost of Goods Sold for the six months ended in Jan. 2024 was $1.53 Mil. A-Smart Holdings's Average Total Inventories for the quarter that ended in Jan. 2024 was $10.69 Mil. A-Smart Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. A-Smart Holdings's Days Inventory for the six months ended in Jan. 2024 was 1,273.99.

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. A-Smart Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 4.14.


A-Smart Holdings Inventory Turnover Historical Data

The historical data trend for A-Smart 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.

* Premium members only.

A-Smart Holdings Inventory Turnover Chart

A-Smart Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.33 0.37 0.39 0.27

A-Smart Holdings 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 0.23 0.17 0.16 0.13 0.14

A-Smart Holdings Inventory Turnover Calculation

A-Smart Holdings's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Inventory Turnover (A: Jul. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2023 ) / ((Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count )
=1.933 / ((5.516 + 9.042) / 2 )
=1.933 / 7.279
=0.27

A-Smart Holdings'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 )
=1.532 / ((9.042 + 12.347) / 2 )
=1.532 / 10.6945
=0.14

* 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.


A-Smart Holdings  (GREY:XPHLY) 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.

A-Smart Holdings'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
=10.6945/1.532*365 / 2
=1,273.99

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.

A-Smart Holdings'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 )
=10.6945 / 2.586
=4.14

* 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.


A-Smart Holdings Inventory Turnover Related Terms

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A-Smart Holdings (A-Smart Holdings) Business Description

Traded in Other Exchanges
Address
61 Tai Seng Avenue, No. 03-03, Print Media Hub, Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Property, Print and Media, Smart Technologies and Corporate and Others. It generates maximum revenue from the Print Media segment. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, other commercial publications, collaterals and event management. Geographically, it derives revenue from Singapore.

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