Hor Kew (SGX:BBP) Days Inventory : 120.23 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Hor Kew Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hor Kew's Average Total Inventories for the six months ended in Dec. 2023 was S$27.1 Mil. Hor Kew's Cost of Goods Sold for the six months ended in Dec. 2023 was S$41.1 Mil. Hence, Hor Kew's Days Inventory for the six months ended in Dec. 2023 was 120.23.

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

SGX:BBP' s Days Inventory Range Over the Past 10 Years
Min: 34.27 Med: 177.8 Max: 258.31
Current: 123.38

During the past 13 years, Hor Kew's highest Days Inventory was 258.31. The lowest was 34.27. And the median was 177.80.

SGX:BBP's Days Inventory is ranked worse than
75.25% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs SGX:BBP: 123.38

Hor Kew's Days Inventory declined from Dec. 2022 (132.82) to Dec. 2023 (120.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hor Kew's Inventory Turnover for the six months ended in Dec. 2023 was 1.52.

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. Hor Kew's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.50.

Hor Kew Days Inventory Historical Data

The historical data trend for Hor Kew'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.

Hor Kew Days Inventory Chart

Hor Kew Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

183.98

258.31

235.87

171.61

121.35

Hor Kew 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															247.44	239.81	132.82	128.56	120.23

Competitive Comparison of Hor Kew's Days Inventory

For the Engineering & Construction subindustry, Hor Kew'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.

Hor Kew's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Hor Kew's Days Inventory falls into.

Hor Kew Days Inventory Calculation

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

Hor Kew'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
=	( (29.065	+	25.531)	/	2 )	/	82.108	*	365
=	27.298					/	82.108	*	365
=	121.35

Hor Kew'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
=	( (28.665	+	25.531)	/	2 )	/	41.131	*	365 / 2
=	27.098					/	41.131	*	365 / 2
=	120.23

Hor Kew (SGX:BBP) 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.

Hor Kew's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.131	/	27.098
	=	1.52

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.

Hor Kew's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27.098	/	54.209
	=	0.50

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.

Hor Kew Days Inventory Related Terms

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

Hor Kew (SGX:BBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hor Kew Corp Ltd (SGX:BBP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324

Website

https://www.horkew.com.sg

Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties, construction segment that is engaged in constructing residential, institutional, industrial and commercial properties as the main contractor; and Prefabrication segment that is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components.