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Old Chang Kee (SGX:5ML) Days Inventory : 11.83 (As of Sep. 2023)


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What is Old Chang Kee Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Old Chang Kee's Average Total Inventories for the six months ended in Sep. 2023 was S$1.09 Mil. Old Chang Kee's Cost of Goods Sold for the six months ended in Sep. 2023 was S$16.85 Mil. Hence, Old Chang Kee's Days Inventory for the six months ended in Sep. 2023 was 11.83.

The historical rank and industry rank for Old Chang Kee's Days Inventory or its related term are showing as below:

SGX:5ML' s Days Inventory Range Over the Past 10 Years
Min: 7.66   Med: 11.52   Max: 16.43
Current: 11.98

During the past 13 years, Old Chang Kee's highest Days Inventory was 16.43. The lowest was 7.66. And the median was 11.52.

SGX:5ML's Days Inventory is ranked better than
58.75% of 337 companies
in the Restaurants industry
Industry Median: 15.61 vs SGX:5ML: 11.98

Old Chang Kee's Days Inventory declined from Sep. 2022 (13.60) to Sep. 2023 (11.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Old Chang Kee's Inventory Turnover for the six months ended in Sep. 2023 was 15.43.

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. Old Chang Kee's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


Old Chang Kee Days Inventory Historical Data

The historical data trend for Old Chang Kee'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.

Old Chang Kee Days Inventory Chart

Old Chang Kee Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.95 13.59 16.43 14.65 12.62

Old Chang Kee Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 13.47 14.14 13.60 11.65 11.83

Competitive Comparison of Old Chang Kee's Days Inventory

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Days Inventory distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Days Inventory falls into.



Old Chang Kee Days Inventory Calculation

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

Old Chang Kee's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.176 + 1.003) / 2 ) / 31.515*365
=1.0895 / 31.515*365
=12.62

Old Chang Kee's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.003 + 1.181) / 2 ) / 16.849*365 / 2
=1.092 / 16.849*365 / 2
=11.83

* 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.


Old Chang Kee  (SGX:5ML) 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.

Old Chang Kee's Inventory Turnover for the six months ended in Sep. 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.

Old Chang Kee's Inventory to Revenue for the six months ended in Sep. 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.


Old Chang Kee Days Inventory Related Terms

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


Old Chang Kee (SGX:5ML) Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and derives a majority of its revenue from Singapore. The company is engaged in the manufacture and sale of food products under the Old Chang Kee brand name, Bun Times retail outlets offer Hainanese buns with a range of fillings, such as curry chicken and coconut, and the Curry Times, Take 5 and Mushroom to dine in retail outlets carry a range of local delights, such as laksa, mee siam, nasi lemak, and curry chicken.

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