Hai Leck Holdings (SGX:BLH) Days Inventory : 19.64 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Hai Leck Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hai Leck Holdings's Average Total Inventories for the three months ended in Mar. 2024 was S$1.15 Mil. Hai Leck Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was S$5.34 Mil. Hence, Hai Leck Holdings's Days Inventory for the three months ended in Mar. 2024 was 19.64.

The historical rank and industry rank for Hai Leck Holdings's Days Inventory or its related term are showing as below:

SGX:BLH' s Days Inventory Range Over the Past 10 Years
Min: 6.94 Med: 15.34 Max: 19.23
Current: 18.23

During the past 13 years, Hai Leck Holdings's highest Days Inventory was 19.23. The lowest was 6.94. And the median was 15.34.

SGX:BLH's Days Inventory is ranked better than
65.06% of 727 companies
in the Oil & Gas industry
Industry Median: 32.36 vs SGX:BLH: 18.23

Hai Leck Holdings's Days Inventory increased from Mar. 2023 (18.17) to Mar. 2024 (19.64). It might indicate that Hai Leck Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hai Leck Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 4.65.

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. Hai Leck Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.10.

Hai Leck Holdings Days Inventory Historical Data

The historical data trend for Hai Leck Holdings'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.

Hai Leck Holdings Days Inventory Chart

Hai Leck Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

17.53

14.63

15.17

19.23

16.84

Hai Leck Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															18.17	17.56	17.13	17.90	19.64

Competitive Comparison of Hai Leck Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Hai Leck Holdings'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.

Hai Leck Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hai Leck Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hai Leck Holdings's Days Inventory falls into.

Hai Leck Holdings Days Inventory Calculation

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

Hai Leck Holdings'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
=	( (1.302	+	1.564)	/	2 )	/	31.059	*	365
=	1.433					/	31.059	*	365
=	16.84

Hai Leck Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.13	+	1.17)	/	2 )	/	5.342	*	365 / 4
=	1.15					/	5.342	*	365 / 4
=	19.64

Hai Leck Holdings (SGX:BLH) 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.

Hai Leck Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.342	/	1.15
	=	4.65

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.

Hai Leck Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.15	/	11.715
	=	0.10

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.

Hai Leck Holdings Days Inventory Related Terms

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

Hai Leck Holdings (SGX:BLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hai Leck Holdings Ltd (SGX:BLH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Tuas View Circuit, Singapore, SGP, 637357

Website

https://www.haileck.com

Hai Leck Holdings Ltd is an investment holding company. The company's operating segment based on its products and services includes Project and maintenance services and Contact centre services. The project and maintenance services segment comprises of mechanical engineering services, scaffolding, corrosion prevention services, thermal insulation services, refractory and passive fireproofing and complemented by general civil engineering services. Its Contact centre services segment pertains to call centre services, telecommunications, and information technology services. Geographically, it derives a majority of revenue from Singapore.

Hai Leck Holdings (SGX:BLH) Headlines

No Headlines