Far East Orchard (SGX:O10) Inventory Turnover : 0.25 (As of Jun. 2023)

View and export this data going back to 1968. Start your Free Trial

What is Far East Orchard 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. Far East Orchard's Cost of Goods Sold for the six months ended in Jun. 2023 was S$44.9 Mil. Far East Orchard's Average Total Inventories for the quarter that ended in Jun. 2023 was S$176.5 Mil. Far East Orchard's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Far East Orchard's Days Inventory for the six months ended in Jun. 2023 was 717.71.

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. Far East Orchard's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.94.

Far East Orchard Inventory Turnover Historical Data

The historical data trend for Far East Orchard'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.

Far East Orchard Inventory Turnover Chart

Far East Orchard Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

0.61

0.52

0.38

0.33

0.37

Far East Orchard Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.16	0.17	0.21	0.25

Far East Orchard Inventory Turnover Calculation

Far East Orchard's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	67.862	/ (	(187.115	+	176.581)	/	2 )
=	67.862	/	181.848
=	0.37

Far East Orchard's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	44.888	/ (	(176.581	+	176.479)	/	2 )
=	44.888	/	176.53
=	0.25

Far East Orchard (SGX:O10) 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.

Far East Orchard's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	176.53	/	44.888	*	365 / 2
	=	717.71

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.

Far East Orchard's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	176.53	/	90.863
	=	1.94

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.

Far East Orchard Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Far East Orchard's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Far East Orchard (SGX:O10) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Orchard Ltd (SGX:O10) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tanglin Road No. 05-01, Orchard Rendezvous Hotel, Singapore, SGP, 247905

Website

https://www.fareastorchard.com.sg

Far East Orchard Ltd is a property development and investment company. It has structured its operations into two business segments - Hospitality and Property. The group operates its Hospitality business across three segments which include management services, operations, and property ownership. The group manages its Property business across two segments - property development and investment. The majority of its revenue is derived from the Hospitality business. The group's business segments operate in five main geographical areas: Singapore, Australia, New Zealand, the United Kingdom, and other countries. Geographically the company receives maximum revenue from Singapore.

Far East Orchard (SGX:O10) Headlines

No Headlines