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Asian Micro Holdings (SGX:585) Days Inventory : 183.40 (As of Dec. 2023)


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What is Asian Micro Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Micro Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$1.62 Mil. Asian Micro Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$1.62 Mil. Hence, Asian Micro Holdings's Days Inventory for the six months ended in Dec. 2023 was 183.40.

The historical rank and industry rank for Asian Micro Holdings's Days Inventory or its related term are showing as below:

SGX:585' s Days Inventory Range Over the Past 10 Years
Min: 9.24   Med: 138.6   Max: 246.61
Current: 213.6

During the past 13 years, Asian Micro Holdings's highest Days Inventory was 246.61. The lowest was 9.24. And the median was 138.60.

SGX:585's Days Inventory is ranked worse than
92.89% of 731 companies
in the Oil & Gas industry
Industry Median: 31.81 vs SGX:585: 213.60

Asian Micro Holdings's Days Inventory declined from Dec. 2022 (241.96) to Dec. 2023 (183.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asian Micro Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.00.

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. Asian Micro Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.78.


Asian Micro Holdings Days Inventory Historical Data

The historical data trend for Asian Micro Holdings'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.

Asian Micro Holdings Days Inventory Chart

Asian Micro Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.09 227.61 226.05 179.46 246.61

Asian Micro Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.62 184.97 241.96 251.80 183.40

Competitive Comparison of Asian Micro Holdings's Days Inventory

For the Oil & Gas Midstream subindustry, Asian Micro Holdings'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.


Asian Micro Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Asian Micro Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asian Micro Holdings's Days Inventory falls into.



Asian Micro Holdings Days Inventory Calculation

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

Asian Micro Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (1.631 + 1.558) / 2 ) / 2.36*365
=1.5945 / 2.36*365
=246.61

Asian Micro Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.558 + 1.688) / 2 ) / 1.615*365 / 2
=1.623 / 1.615*365 / 2
=183.40

* 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.


Asian Micro Holdings  (SGX:585) 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.

Asian Micro Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Asian Micro Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


Asian Micro Holdings Days Inventory Related Terms

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


Asian Micro Holdings (SGX:585) Business Description

Traded in Other Exchanges
N/A
Address
63 Hillview Avenue, No. 08-01 Lam Soon Industrial Building, Singapore, SGP, 669569
Asian Micro Holdings Ltd provides Compressed Natural Gas supply and related products and services. The company's Compressed Natural Gas supply is used for storing and transporting Compressed Natural Gas to local industries for gas cutting, heat treatment, and power generation. It is used for powering natural gas engines and off-the-road vehicles. It provides services to oil and gas, marine and offshore, aviation, shipyard, and manufacturing industries. The company also provides cleanroom-grade plastic packaging bags and materials for packaging cleaned finished products in the hard disk drive and semiconductor industries. Its segments include Manufacturing and trading, Corporate, Property business, and Natural Gas Vehicle-related business.

Asian Micro Holdings (SGX:585) Headlines

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