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King Wan (SGX:554) Days Inventory : 4.48 (As of Sep. 2023)


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What is King Wan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). King Wan's Average Total Inventories for the six months ended in Sep. 2023 was S$0.95 Mil. King Wan's Cost of Goods Sold for the six months ended in Sep. 2023 was S$38.78 Mil. Hence, King Wan's Days Inventory for the six months ended in Sep. 2023 was 4.48.

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

SGX:554' s Days Inventory Range Over the Past 10 Years
Min: 4.09   Med: 5.03   Max: 9.17
Current: 4.09

During the past 13 years, King Wan's highest Days Inventory was 9.17. The lowest was 4.09. And the median was 5.03.

SGX:554's Days Inventory is ranked better than
87.82% of 1396 companies
in the Construction industry
Industry Median: 48.905 vs SGX:554: 4.09

King Wan's Days Inventory declined from Sep. 2022 (5.49) to Sep. 2023 (4.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. King Wan's Inventory Turnover for the six months ended in Sep. 2023 was 40.69.

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. King Wan's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


King Wan Days Inventory Historical Data

The historical data trend for King Wan'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.

King Wan Days Inventory Chart

King Wan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 5.53 9.17 6.82 4.85

King Wan Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 6.72 6.21 5.49 3.87 4.48

Competitive Comparison of King Wan's Days Inventory

For the Engineering & Construction subindustry, King Wan'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.


King Wan's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where King Wan's Days Inventory falls into.



King Wan Days Inventory Calculation

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

King Wan's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.392 + 1.052) / 2 ) / 91.978*365
=1.222 / 91.978*365
=4.85

King Wan's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.052 + 0.854) / 2 ) / 38.779*365 / 2
=0.953 / 38.779*365 / 2
=4.48

* 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.


King Wan  (SGX:554) 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.

King Wan's Inventory Turnover for the six months ended in Sep. 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.

King Wan's Inventory to Revenue for the six months ended in Sep. 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.


King Wan Days Inventory Related Terms

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


King Wan (SGX:554) Business Description

Traded in Other Exchanges
N/A
Address
8 Sungei Kadut Loop, Singapore, SGP, 729455
King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.

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