USP Group (SGX:BRS) Inventory Turnover : 0.52 (As of Dec. 2022)

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What is USP 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. USP Group's Cost of Goods Sold for the three months ended in Dec. 2022 was S$6.15 Mil. USP Group's Average Total Inventories for the quarter that ended in Dec. 2022 was S$11.84 Mil. USP Group's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. USP Group's Days Inventory for the three months ended in Dec. 2022 was 175.72.

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. USP Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.19.

USP Group Inventory Turnover Historical Data

The historical data trend for USP 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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USP Group Inventory Turnover Chart

USP Group Annual Data

Trend

Nov11

Nov12

Nov13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Inventory Turnover

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1.69

1.67

1.50

1.73

2.11

USP Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22
Inventory Turnover	Get a 7-Day Free Trial															0.70	0.68	0.58	0.57	0.52

USP Group Inventory Turnover Calculation

USP Group's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	22.237	/ (	(11.336	+	9.777)	/	2 )
=	22.237	/	10.5565
=	2.11

USP Group's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	6.147	/ (	(11.924	+	11.75)	/	2 )
=	6.147	/	11.837
=	0.52

USP Group (SGX:BRS) 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.

USP Group's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	11.837	/	6.147	*	365 / 4
	=	175.72

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.

USP Group's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	11.837	/	9.922
	=	1.19

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.

USP Group Inventory Turnover Related Terms

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USP Group (SGX:BRS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » USP Group Ltd (SGX:BRS) » Definitions » Inventory Turnover

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Address

7 Temasek Boulevard, No. 29-02A, Singapore, SGP, 038987

Website

https://www.uspgroup.com.sg

USP Group Ltd is an investment holding company. The company operates through the segments of Property investments; Marine distributors and dealerships; Calibration of environmental equipment and others. It generates maximum revenue from the Marine distributors and dealerships segment. The Marine distributors and dealerships segment is a trader of marine equipment and related products. Geographically, it derives a majority of revenue from Malaysia.

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