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First Sponsor Group (SGX:ADN) Days Inventory : 2,475.93 (As of Dec. 2023)


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What is First Sponsor Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Sponsor Group's Average Total Inventories for the six months ended in Dec. 2023 was S$1,093.3 Mil. First Sponsor Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$80.6 Mil. Hence, First Sponsor Group's Days Inventory for the six months ended in Dec. 2023 was 2,475.93.

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

SGX:ADN' s Days Inventory Range Over the Past 10 Years
Min: 626.44   Med: 1334.54   Max: 5250.69
Current: 2513.75

During the past 11 years, First Sponsor Group's highest Days Inventory was 5250.69. The lowest was 626.44. And the median was 1334.54.

SGX:ADN's Days Inventory is ranked worse than
83.42% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs SGX:ADN: 2513.75

First Sponsor Group's Days Inventory increased from Dec. 2022 (908.23) to Dec. 2023 (2,475.93). It might indicate that First Sponsor Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Sponsor Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.07.

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. First Sponsor Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 7.44.


First Sponsor Group Days Inventory Historical Data

The historical data trend for First Sponsor 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.

First Sponsor Group Days Inventory Chart

First Sponsor Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,048.62 5,250.69 648.46 1,351.30 2,542.61

First Sponsor Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 541.71 2,766.68 908.23 2,526.05 2,475.93

Competitive Comparison of First Sponsor Group's Days Inventory

For the Real Estate - Development subindustry, First Sponsor 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.


First Sponsor Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's Days Inventory distribution charts can be found below:

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



First Sponsor Group Days Inventory Calculation

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

First Sponsor Group'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
=( (934.294 + 1170.236) / 2 ) / 151.056*365
=1052.265 / 151.056*365
=2,542.61

First Sponsor Group'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
=( (1016.426 + 1170.236) / 2 ) / 80.589*365 / 2
=1093.331 / 80.589*365 / 2
=2,475.93

* 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.


First Sponsor Group  (SGX:ADN) 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.

First Sponsor Group'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.

First Sponsor Group'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.


First Sponsor Group Days Inventory Related Terms

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


First Sponsor Group (SGX:ADN) Business Description

Traded in Other Exchanges
N/A
Address
19 Lorong Telok, Singapore, SGP, 049031
First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.