Mewah International (SGX:MV4) Days Inventory : 38.79 (As of Dec. 2023)

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What is Mewah International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mewah International's Average Total Inventories for the six months ended in Dec. 2023 was S$526 Mil. Mewah International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$2,475 Mil. Hence, Mewah International's Days Inventory for the six months ended in Dec. 2023 was 38.79.

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

SGX:MV4' s Days Inventory Range Over the Past 10 Years
Min: 30.24 Med: 37.78 Max: 49.52
Current: 39.48

During the past 13 years, Mewah International's highest Days Inventory was 49.52. The lowest was 30.24. And the median was 37.78.

SGX:MV4's Days Inventory is ranked better than
84.33% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs SGX:MV4: 39.48

Mewah International's Days Inventory increased from Dec. 2022 (35.14) to Dec. 2023 (38.79). It might indicate that Mewah International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mewah International's Inventory Turnover for the six months ended in Dec. 2023 was 4.70.

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. Mewah International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.20.

Mewah International Days Inventory Historical Data

The historical data trend for Mewah International'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.

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Mewah International Days Inventory Chart

Mewah International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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49.40

35.90

35.42

34.70

42.84

Mewah International 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															36.72	34.09	35.14	37.12	38.79

Competitive Comparison of Mewah International's Days Inventory

For the Packaged Foods subindustry, Mewah International'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.

Mewah International's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mewah International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mewah International's Days Inventory falls into.

Mewah International Days Inventory Calculation

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

Mewah International'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
=	( (627.71	+	580.752)	/	2 )	/	5148.199	*	365
=	604.231					/	5148.199	*	365
=	42.84

Mewah International'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
=	( (471.299	+	580.752)	/	2 )	/	2474.556	*	365 / 2
=	526.0255					/	2474.556	*	365 / 2
=	38.79

Mewah International (SGX:MV4) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2474.556	/	526.0255
	=	4.70

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	526.0255	/	2648.193
	=	0.20

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.

Mewah International Days Inventory Related Terms

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

Mewah International (SGX:MV4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mewah International Inc (SGX:MV4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 International Business Park, No. 05-00, Mewah Building, Singapore, SGP, 609914

Website

https://www.mewahgroup.com

Mewah International Inc is an investment holding company. It operates in two segments: The Bulk segment, which generates the majority of the revenue, and the Consumer pack. The Bulk segment manufactures and sells edible oils and specialty fats & oils. The consumer pack segment manufactures and sells edible oils and bakery fats, and rice to consumers in packaged form. Its geographical segments are Malaysia, Singapore, the Rest of Asia, Africa, the Middle East, Europe, Pacific Oceania, and America, Out of which the majority is from Malaysia.

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