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GSS Energy (SGX:41F) Days Inventory : 74.34 (As of Dec. 2023)


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What is GSS Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GSS Energy's Average Total Inventories for the six months ended in Dec. 2023 was S$21.8 Mil. GSS Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was S$53.4 Mil. Hence, GSS Energy's Days Inventory for the six months ended in Dec. 2023 was 74.34.

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

SGX:41F' s Days Inventory Range Over the Past 10 Years
Min: 30.98   Med: 53.7   Max: 102.54
Current: 84.17

During the past 13 years, GSS Energy's highest Days Inventory was 102.54. The lowest was 30.98. And the median was 53.70.

SGX:41F's Days Inventory is ranked better than
60.99% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs SGX:41F: 84.17

GSS Energy's Days Inventory declined from Dec. 2022 (104.90) to Dec. 2023 (74.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. GSS Energy's Inventory Turnover for the six months ended in Dec. 2023 was 2.45.

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. GSS Energy's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.37.


GSS Energy Days Inventory Historical Data

The historical data trend for GSS Energy'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.

GSS Energy Days Inventory Chart

GSS Energy Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.70 54.06 89.32 102.54 82.94

GSS Energy Semi-Annual Data
Aug13 Feb14 Aug14 Jun15 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 103.82 110.14 104.90 95.32 74.34

Competitive Comparison of GSS Energy's Days Inventory

For the Electronic Components subindustry, GSS Energy'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.


GSS Energy's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GSS Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where GSS Energy's Days Inventory falls into.



GSS Energy Days Inventory Calculation

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

GSS Energy'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
=( (30.055 + 18.295) / 2 ) / 106.386*365
=24.175 / 106.386*365
=82.94

GSS Energy'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
=( (25.247 + 18.295) / 2 ) / 53.445*365 / 2
=21.771 / 53.445*365 / 2
=74.34

* 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.


GSS Energy  (SGX:41F) 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.

GSS Energy'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.

GSS Energy'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.


GSS Energy Days Inventory Related Terms

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


GSS Energy (SGX:41F) Business Description

Traded in Other Exchanges
N/A
Address
Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628
GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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