Yeo Hiap Seng (SGX:Y03) Inventory Turnover : 2.00 (As of Dec. 2023)

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What is Yeo Hiap Seng 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. Yeo Hiap Seng's Cost of Goods Sold for the six months ended in Dec. 2023 was S$102.5 Mil. Yeo Hiap Seng's Average Total Inventories for the quarter that ended in Dec. 2023 was S$51.3 Mil. Yeo Hiap Seng's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yeo Hiap Seng's Days Inventory for the six months ended in Dec. 2023 was 91.41.

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. Yeo Hiap Seng's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

Yeo Hiap Seng Inventory Turnover Historical Data

The historical data trend for Yeo Hiap Seng'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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Yeo Hiap Seng Inventory Turnover Chart

Yeo Hiap Seng Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.22

4.39

4.42

4.23

3.90

Yeo Hiap Seng Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.38	1.97	1.91	2.22	2.00

Yeo Hiap Seng Inventory Turnover Calculation

Yeo Hiap Seng'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 )
=	224.741	/ (	(61.339	+	53.836)	/	2 )
=	224.741	/	57.5875
=	3.90

Yeo Hiap Seng'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	102.488	/ (	(48.835	+	53.836)	/	2 )
=	102.488	/	51.3355
=	2.00

Yeo Hiap Seng (SGX:Y03) 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.

Yeo Hiap Seng's Days Inventory for the six 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
	=	51.3355	/	102.488	*	365 / 2
	=	91.41

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.

Yeo Hiap Seng'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 )
	=	51.3355	/	151.671
	=	0.34

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.

Yeo Hiap Seng Inventory Turnover Related Terms

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Yeo Hiap Seng (SGX:Y03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yeo Hiap Seng Ltd (SGX:Y03) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Senoko Way, Singapore, SGP, 758057

Website

https://www.yeos.com.sg

Yeo Hiap Seng Ltd is organized in consumer food and beverage products, and other segments. The consumer food and beverage products segment involves the business of manufacture, sale, and distribution of beverages and food products; the Others segment comprise investment property holding, equity investment holding and property development. The company has Singapore, Malaysia. Cambodia and other countries geographic segments. It generates a vast majority of its revenues from the food and beverages segment within Malaysia. The Group is organized into two business segments: Consumer food and beverage products and Others.

Yeo Hiap Seng (SGX:Y03) Headlines

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