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Zhongxin Fruit and Juice (SGX:5EG) Days Inventory : 316.30 (As of Dec. 2023)


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What is Zhongxin Fruit and Juice Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhongxin Fruit and Juice's Average Total Inventories for the six months ended in Dec. 2023 was S$15.43 Mil. Zhongxin Fruit and Juice's Cost of Goods Sold for the six months ended in Dec. 2023 was S$8.90 Mil. Hence, Zhongxin Fruit and Juice's Days Inventory for the six months ended in Dec. 2023 was 316.30.

The historical rank and industry rank for Zhongxin Fruit and Juice's Days Inventory or its related term are showing as below:

SGX:5EG' s Days Inventory Range Over the Past 10 Years
Min: 35.33   Med: 125.55   Max: 304.76
Current: 304.76

During the past 13 years, Zhongxin Fruit and Juice's highest Days Inventory was 304.76. The lowest was 35.33. And the median was 125.55.

SGX:5EG's Days Inventory is ranked worse than
97.25% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.25 vs SGX:5EG: 304.76

Zhongxin Fruit and Juice's Days Inventory increased from Dec. 2022 (246.29) to Dec. 2023 (316.30). It might indicate that Zhongxin Fruit and Juice's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongxin Fruit and Juice's Inventory Turnover for the six months ended in Dec. 2023 was 0.58.

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. Zhongxin Fruit and Juice's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.41.


Zhongxin Fruit and Juice Days Inventory Historical Data

The historical data trend for Zhongxin Fruit and Juice'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.

Zhongxin Fruit and Juice Days Inventory Chart

Zhongxin Fruit and Juice 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 51.57 35.62 116.55 134.54 141.17

Zhongxin Fruit and Juice 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 168.79 213.80 246.29 216.94 316.30

Competitive Comparison of Zhongxin Fruit and Juice's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Zhongxin Fruit and Juice'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.


Zhongxin Fruit and Juice's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zhongxin Fruit and Juice's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhongxin Fruit and Juice's Days Inventory falls into.



Zhongxin Fruit and Juice Days Inventory Calculation

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

Zhongxin Fruit and Juice'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
=( (5.814 + 7.349) / 2 ) / 17.017*365
=6.5815 / 17.017*365
=141.17

Zhongxin Fruit and Juice'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
=( (7.349 + 23.501) / 2 ) / 8.9*365 / 2
=15.425 / 8.9*365 / 2
=316.30

* 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.


Zhongxin Fruit and Juice  (SGX:5EG) 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.

Zhongxin Fruit and Juice'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.

Zhongxin Fruit and Juice'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.


Zhongxin Fruit and Juice Days Inventory Related Terms

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Zhongxin Fruit and Juice (SGX:5EG) Business Description

Traded in Other Exchanges
N/A
Address
25 International Business Park, No. 02-53 German Centre, Singapore, SGP, 609916
Website
Zhongxin Fruit and Juice Ltd are engaged in the production of fruit and vegetable juice concentrates and beverages. Its core business is a production of concentrated apple juice mainly for export to in the United States, European Union, South Africa, Canada, Japan and Australia. The concentrated apple juice produced is used as an ingredient in packet juice drinks, soft drinks, cider, yoghurt, and candies. The company also produces animal feed using apple pomace generated from the production process of apple juice concentrate.

Zhongxin Fruit and Juice (SGX:5EG) Headlines

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