Huationg Global (SGX:41B) Days Inventory : 6.39 (As of Jun. 2023)

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What is Huationg Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huationg Global's Average Total Inventories for the six months ended in Jun. 2023 was S$2.0 Mil. Huationg Global's Cost of Goods Sold for the six months ended in Jun. 2023 was S$56.4 Mil. Hence, Huationg Global's Days Inventory for the six months ended in Jun. 2023 was 6.39.

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

SGX:41B' s Days Inventory Range Over the Past 10 Years
Min: 0.66 Med: 4.28 Max: 6.9
Current: 6.51

During the past 10 years, Huationg Global's highest Days Inventory was 6.90. The lowest was 0.66. And the median was 4.28.

SGX:41B's Days Inventory is ranked better than
83.07% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs SGX:41B: 6.51

Huationg Global's Days Inventory increased from Jun. 2022 (5.11) to Jun. 2023 (6.39). It might indicate that Huationg Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huationg Global's Inventory Turnover for the six months ended in Jun. 2023 was 28.55.

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. Huationg Global's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.

Huationg Global Days Inventory Historical Data

The historical data trend for Huationg Global'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.

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Huationg Global Days Inventory Chart

Huationg Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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4.48

3.75

4.15

3.29

4.68

Huationg Global Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															3.31	5.28	5.11	5.94	6.39

Competitive Comparison of Huationg Global's Days Inventory

For the Engineering & Construction subindustry, Huationg Global'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.

Huationg Global's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huationg Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Huationg Global's Days Inventory falls into.

Huationg Global Days Inventory Calculation

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

Huationg Global's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.4	+	1.571)	/	2 )	/	115.785	*	365
=	1.4855					/	115.785	*	365
=	4.68

Huationg Global's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.571	+	2.382)	/	2 )	/	56.433	*	365 / 2
=	1.9765					/	56.433	*	365 / 2
=	6.39

Huationg Global (SGX:41B) 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.

Huationg Global's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.433	/	1.9765
	=	28.55

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.

Huationg Global's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.9765	/	69.84
	=	0.03

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.

Huationg Global Days Inventory Related Terms

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

Huationg Global (SGX:41B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huationg Global Ltd (SGX:41B) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Benoi Crescent, Singapore, SGP, 629972

Website

http://www.huationg-global.com

Huationg Global Ltd is a Singapore-based company. The company operates its business in various segments that include Civil engineering contract works that include construction projects on earthworks, infrastructure works, external works, demolition and excavation works, drainage works, and road diversion. The Group also operates and manages entire stockpile sites; Inland logistics support includes rental of construction equipment including tipper trucks, compactors, and excavators; and Sale of construction materials includes the supplies of Liquefied Soil Stabiliser, as well as other construction-related equipment and consumables; and Dormitory operation. The majority f the revenue is derived from the Civil engineering contract works segment.

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