Y Ventures Group (SGX:1F1) Inventory Turnover : 0.19 (As of Dec. 2023)

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What is Y Ventures 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. Y Ventures Group's Cost of Goods Sold for the three months ended in Dec. 2023 was S$3.47 Mil. Y Ventures Group's Average Total Inventories for the quarter that ended in Dec. 2023 was S$17.81 Mil. Y Ventures Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Y Ventures Group's Days Inventory for the three months ended in Dec. 2023 was 468.38.

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. Y Ventures Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.82.

Y Ventures Group Inventory Turnover Historical Data

The historical data trend for Y Ventures 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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Y Ventures Group Inventory Turnover Chart

Y Ventures Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.96

0.94

1.21

1.31

0.97

Y Ventures Group Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.25	0.24	0.43	0.19

Y Ventures Group Inventory Turnover Calculation

Y Ventures 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 )
=	17.585	/ (	(15.32	+	21.079)	/	2 )
=	17.585	/	18.1995
=	0.97

Y Ventures 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.469	/ (	(14.533	+	21.079)	/	2 )
=	3.469	/	17.806
=	0.19

Y Ventures Group (SGX:1F1) 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.

Y Ventures Group's Days Inventory for the three 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
	=	17.806	/	3.469	*	365 / 4
	=	468.38

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.

Y Ventures 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 )
	=	17.806	/	6.309
	=	2.82

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.

Y Ventures Group Inventory Turnover Related Terms

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Y Ventures Group (SGX:1F1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Y Ventures Group Ltd (SGX:1F1) » Definitions » Inventory Turnover

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Address

60 Paya Lebar Road, No. 04-54, Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yventures.com.sg

Y Ventures Group Ltd is a data analytics-driven e-commerce company. It is a data analytics-driven, e-commerce retailer, and distributor specializing in online retail data analytics, marketing, distribution and sale of a wide range of merchandises, under third-party brands and private label. The company distributes products under the categories of book publishing; home and decor; and health and beauty. Its segment includes E-commerce retail and distribution; Logistics and freight forwarding services and Waste management services. It derives most of its revenue from E-commerce retail and distribution.

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