Days Inventory is also known as Days Sales of Inventory (DSI). Kim Heng's Average Total Inventories for the
six
months ended in Dec. 2023 was S$18.0 Mil. Kim Heng's Cost of Goods Sold for the
six
months ended in Dec. 2023 was S$38.8 Mil.
Hence, Kim Heng's Days Inventory for the
six
months ended in Dec. 2023 was 84.94.
The historical rank and industry rank for Kim Heng's Days Inventory or its related term are showing as below:
SGX:5G2'
s Days Inventory Range Over the Past 10 Years
Min: 1.76 Med: 10.15 Max: 84.16
Current: 69.14
During the past 12 years, Kim Heng's highest Days Inventory was 84.16. The lowest was 1.76. And the median was 10.15.
SGX:5G2's Days Inventory is ranked worse than 75.89% of 730
companies
in the Oil & Gas industry
Industry Median: 31.94
vs SGX:5G2: 69.14
Kim Heng's Days Inventory
increased
from Dec. 2022 (13.30) to Dec. 2023 (84.94).
It might indicate that Kim Heng's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kim Heng's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.15.
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.
Kim Heng's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.32.
Kim Heng Days Inventory Historical Data
The historical data trend for Kim Heng'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.
Competitive Comparison of Kim Heng's Days Inventory
For the Oil & Gas Equipment & Services subindustry, Kim Heng'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.
Kim Heng's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kim Heng's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kim Heng's Days Inventory falls into.
Kim Heng Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kim Heng's Days Inventory for the fiscal year that 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.
Kim Heng (SGX:5G2) 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.
Kim Heng'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.
Kim Heng'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.
Kim Heng Days Inventory Related Terms
Thank you for viewing the detailed overview of Kim Heng's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.
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