Parkson retail Asia (SGX:O9E) Inventory Turnover : 0.78 (As of Mar. 2024)

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What is Parkson retail Asia 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. Parkson retail Asia's Cost of Goods Sold for the three months ended in Mar. 2024 was S$18.2 Mil. Parkson retail Asia's Average Total Inventories for the quarter that ended in Mar. 2024 was S$23.2 Mil. Parkson retail Asia's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parkson retail Asia's Days Inventory for the three months ended in Mar. 2024 was 116.57.

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. Parkson retail Asia's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Parkson retail Asia Inventory Turnover Historical Data

The historical data trend for Parkson retail Asia'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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Parkson retail Asia Inventory Turnover Chart

Parkson retail Asia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Inventory Turnover

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3.04

2.24

3.58

3.32

Parkson retail Asia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.83	0.78	0.78	0.85	0.78

Parkson retail Asia Inventory Turnover Calculation

Parkson retail Asia'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 )
=	71.817	/ (	(20.097	+	23.123)	/	2 )
=	71.817	/	21.61
=	3.32

Parkson retail Asia's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	18.163	/ (	(23.123	+	23.283)	/	2 )
=	18.163	/	23.203
=	0.78

Parkson retail Asia (SGX:O9E) 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.

Parkson retail Asia's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	23.203	/	18.163	*	365 / 4
	=	116.57

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.

Parkson retail Asia's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	23.203	/	61.99
	=	0.37

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.

Parkson retail Asia Inventory Turnover Related Terms

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Parkson retail Asia (SGX:O9E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson retail Asia Ltd (SGX:O9E) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Klang Parade, No. 2112 Jalan Meru, Level 5, Klang, SGR, MYS, 41050

Website

https://www.parkson.com.sg

Parkson retail Asia Ltd is a Singapore-based investment holding company. The company's operating segment includes Retail stores and Food and beverage operations. It generates maximum revenue from the Retail store's segment. The company's geographical segment includes Malaysia; Vietnam; Indonesia; Myanmar; and Cambodia. It derives a majority of its revenue from Malaysia.

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