GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Tye Soon Ltd (SGX:BFU) » Definitions » Days Inventory

Tye Soon (SGX:BFU) Days Inventory : 206.49 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Tye Soon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tye Soon's Average Total Inventories for the six months ended in Dec. 2023 was S$114.1 Mil. Tye Soon's Cost of Goods Sold for the six months ended in Dec. 2023 was S$100.9 Mil. Hence, Tye Soon's Days Inventory for the six months ended in Dec. 2023 was 206.49.

The historical rank and industry rank for Tye Soon's Days Inventory or its related term are showing as below:

SGX:BFU' s Days Inventory Range Over the Past 10 Years
Min: 198.69   Med: 212.22   Max: 238.7
Current: 209.09

During the past 13 years, Tye Soon's highest Days Inventory was 238.70. The lowest was 198.69. And the median was 212.22.

SGX:BFU's Days Inventory is ranked worse than
92.25% of 142 companies
in the Industrial Distribution industry
Industry Median: 88.49 vs SGX:BFU: 209.09

Tye Soon's Days Inventory increased from Dec. 2022 (195.38) to Dec. 2023 (206.49). It might indicate that Tye Soon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tye Soon's Inventory Turnover for the six months ended in Dec. 2023 was 0.88.

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. Tye Soon's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.89.


Tye Soon Days Inventory Historical Data

The historical data trend for Tye Soon'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.

Tye Soon Days Inventory Chart

Tye Soon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 210.28 238.70 206.42 198.69 213.02

Tye Soon 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 210.01 182.25 195.38 207.78 206.49

Competitive Comparison of Tye Soon's Days Inventory

For the Industrial Distribution subindustry, Tye Soon'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.


Tye Soon's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Tye Soon's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tye Soon's Days Inventory falls into.



Tye Soon Days Inventory Calculation

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

Tye Soon'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
=( (112.759 + 118.857) / 2 ) / 198.434*365
=115.808 / 198.434*365
=213.02

Tye Soon'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
=( (109.403 + 118.857) / 2 ) / 100.868*365 / 2
=114.13 / 100.868*365 / 2
=206.49

* 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.


Tye Soon  (SGX:BFU) 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.

Tye Soon'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.

Tye Soon'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.


Tye Soon Days Inventory Related Terms

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


Tye Soon (SGX:BFU) Business Description

Traded in Other Exchanges
N/A
Address
3C Toh Guan Road East, Number 02-01, Singapore, SGP, 608832
Tye Soon Ltd is a Singapore based company primarily engaged in import, export, and distribution of automotive parts. The products of the company are electrical and aircon parts, transmission, chassis and body parts, engine parts, brake parts, fuel range, and others. It has operations in Singapore, Malaysia, Thailand, Indonesia, South Korea, and other countries. It generates key revenue from operations in Malaysia. The company's global brands include Genuine Parts; Mercedes-Benz; Hengst and Mann Filter; GMB and others.

Tye Soon (SGX:BFU) Headlines

No Headlines