AGV Group (SGX:1A4) Days Inventory : 183.03 (As of Jun. 2021)

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What is AGV Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AGV Group's Average Total Inventories for the three months ended in Jun. 2021 was S$3.13 Mil. AGV Group's Cost of Goods Sold for the three months ended in Jun. 2021 was S$1.56 Mil. Hence, AGV Group's Days Inventory for the three months ended in Jun. 2021 was 183.03.

The historical rank and industry rank for AGV Group's Days Inventory or its related term are showing as below:

SGX:1A4's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 121.36
* Ranked among companies with meaningful Days Inventory only.

AGV Group's Days Inventory increased from Mar. 2020 (0.00) to Jun. 2021 (183.03). It might indicate that AGV Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AGV Group's Inventory Turnover for the three months ended in Jun. 2021 was 0.50.

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. AGV Group's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.84.

AGV Group Days Inventory Historical Data

The historical data trend for AGV Group's Days Inventory 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.

AGV Group Days Inventory Chart

AGV Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Days Inventory

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243.74

95.41

110.06

180.54

171.53

AGV Group Quarterly Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21
Days Inventory	Get a 7-Day Free Trial												-	740.65	202.85	-	183.03

Competitive Comparison of AGV Group's Days Inventory

For the Metal Fabrication subindustry, AGV Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AGV Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AGV Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where AGV Group's Days Inventory falls into.

AGV Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AGV Group's Days Inventory for the fiscal year that ended in Sep. 2020 is calculated as

	Days Inventory (A: Sep. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2019 )	+	Total Inventories (A: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2020 )	*	Days in Period
=	( (2.276	+	1.914)	/	2 )	/	4.458	*	365
=	2.095					/	4.458	*	365
=	171.53

AGV Group's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

	Days Inventory (Q: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (3.105	+	3.145)	/	2 )	/	1.558	*	365 / 4
=	3.125					/	1.558	*	365 / 4
=	183.03

AGV Group (SGX:1A4) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

AGV Group's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.558	/	3.125
	=	0.50

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.

AGV Group's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.125	/	3.725
	=	0.84

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

AGV Group Days Inventory Related Terms

Thank you for viewing the detailed overview of AGV Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

AGV Group (SGX:1A4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AGV Group Ltd (SGX:1A4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Benoi Road, Singapore, SGP, 629892

Website

http://www.agvgroup.com.sg

AGV Group Ltd is an investment holding company, which engages in galvanizing business. It offers hot-dip galvanized services to the steel and iron fabrication industries in Singapore. It supports a range of customers in the field of the public sector and transport sectors. The company also engages in consultation and contract works relating to galvanization. The group operates in two geographical areas, being Singapore and Malaysia. Majority of the firm's revenue gets derived from Singapore.

AGV Group (SGX:1A4) Headlines

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