GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tritech Group Ltd (SGX:5G9) » Definitions » Days Inventory

Tritech Group (SGX:5G9) Days Inventory : 1.50 (As of Sep. 2023)


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

What is Tritech Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tritech Group's Average Total Inventories for the six months ended in Sep. 2023 was S$0.08 Mil. Tritech Group's Cost of Goods Sold for the six months ended in Sep. 2023 was S$9.71 Mil. Hence, Tritech Group's Days Inventory for the six months ended in Sep. 2023 was 1.50.

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

SGX:5G9' s Days Inventory Range Over the Past 10 Years
Min: 0.52   Med: 20.68   Max: 44.35
Current: 1.53

During the past 13 years, Tritech Group's highest Days Inventory was 44.35. The lowest was 0.52. And the median was 20.68.

SGX:5G9's Days Inventory is ranked better than
93.26% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs SGX:5G9: 1.53

Tritech Group's Days Inventory increased from Sep. 2022 (1.44) to Sep. 2023 (1.50). It might indicate that Tritech Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tritech Group's Inventory Turnover for the six months ended in Sep. 2023 was 121.41.

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. Tritech Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.01.


Tritech Group Days Inventory Historical Data

The historical data trend for Tritech Group'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.

Tritech Group Days Inventory Chart

Tritech Group 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 16.87 2.61 0.52 0.73 1.23

Tritech Group 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 0.60 0.95 1.44 1.51 1.50

Competitive Comparison of Tritech Group's Days Inventory

For the Engineering & Construction subindustry, Tritech Group'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.


Tritech Group's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Tritech Group's Days Inventory falls into.



Tritech Group Days Inventory Calculation

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

Tritech Group'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
=( (0.045 + 0.077) / 2 ) / 18.156*365
=0.061 / 18.156*365
=1.23

Tritech Group'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
=( (0.077 + 0.083) / 2 ) / 9.713*365 / 2
=0.08 / 9.713*365 / 2
=1.50

* 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.


Tritech Group  (SGX:5G9) 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.

Tritech Group'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.

Tritech Group'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.


Tritech Group Days Inventory Related Terms

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


Tritech Group (SGX:5G9) Business Description

Traded in Other Exchanges
N/A
Address
31 Changi South Avenue 2, Singapore, SGP, 486478
Tritech Group Ltd engaged in providing Specialist Engineering Services. It operates through three segments: Smart Urban Development segment which earns most of the firm's revenue and comprises a one-stop integrated service provider for smart urban development, covering urban planning, site investigation, design and consultancy, engineering survey, instrumentation and monitoring, project management, construction supervision, data collection, big data analytics, artificial intelligence and cloud computing digital platform. Water-related and environmental business, which comprises water treatment consultancy; Corporate business segment which comprises Group-level corporate services and treasury functions; and Other. The company generates most of the revenue from the Engineering business.

Tritech Group (SGX:5G9) Headlines

No Headlines