Beng Kuang Marine (SGX:BEZ) Days Inventory : 15.12 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Beng Kuang Marine Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beng Kuang Marine's Average Total Inventories for the six months ended in Dec. 2023 was S$2.55 Mil. Beng Kuang Marine's Cost of Goods Sold for the six months ended in Dec. 2023 was S$30.78 Mil. Hence, Beng Kuang Marine's Days Inventory for the six months ended in Dec. 2023 was 15.12.

The historical rank and industry rank for Beng Kuang Marine's Days Inventory or its related term are showing as below:

SGX:BEZ' s Days Inventory Range Over the Past 10 Years
Min: 18.22 Med: 67.25 Max: 161.3
Current: 19.13

During the past 13 years, Beng Kuang Marine's highest Days Inventory was 161.30. The lowest was 18.22. And the median was 67.25.

SGX:BEZ's Days Inventory is ranked better than
64.24% of 727 companies
in the Oil & Gas industry
Industry Median: 32.19 vs SGX:BEZ: 19.13

Beng Kuang Marine's Days Inventory declined from Dec. 2022 (28.57) to Dec. 2023 (15.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beng Kuang Marine's Inventory Turnover for the six months ended in Dec. 2023 was 12.07.

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. Beng Kuang Marine's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Beng Kuang Marine Days Inventory Historical Data

The historical data trend for Beng Kuang Marine'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.

Beng Kuang Marine Days Inventory Chart

Beng Kuang Marine Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

61.35

37.59

35.08

27.18

18.22

Beng Kuang Marine 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															45.13	27.52	28.57	25.43	15.12

Competitive Comparison of Beng Kuang Marine's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Beng Kuang Marine'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.

Beng Kuang Marine's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beng Kuang Marine's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beng Kuang Marine's Days Inventory falls into.

Beng Kuang Marine Days Inventory Calculation

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

Beng Kuang Marine's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3.428	+	1.987)	/	2 )	/	54.252	*	365
=	2.7075					/	54.252	*	365
=	18.22

Beng Kuang Marine'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
=	( (3.113	+	1.987)	/	2 )	/	30.783	*	365 / 2
=	2.55					/	30.783	*	365 / 2
=	15.12

Beng Kuang Marine (SGX:BEZ) 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.

Beng Kuang Marine's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.783	/	2.55
	=	12.07

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.

Beng Kuang Marine's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.55	/	47.305
	=	0.05

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.

Beng Kuang Marine Days Inventory Related Terms

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

Beng Kuang Marine (SGX:BEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beng Kuang Marine Ltd (SGX:BEZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526

Website

https://www.bkmgroup.com.sg

Beng Kuang Marine Ltd is engaged in providing solutions for the marine, offshore and oil and gas industries. The company operates through five segments. The Infrastructure engineering segment relates to the engineering services from planning, project management to implementation. Its Corrosion Prevention segment provides blasting and painting services. The Supply and distribution segment is involved in the supply and distribution of hardware equipment, tools, and other products. Its Shipping segment includes chartering of livestock carriers, and tugs and barges, and ship management services. The Other segment provides a solution for water and wastewater treatment and solid waste management. The company operates in three geographical areas such as Singapore, Indonesia, and Other countries.

Beng Kuang Marine (SGX:BEZ) Headlines

No Headlines