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Reclaims Global (SGX:NEX) Days Inventory : 0.40 (As of Jan. 2024)


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What is Reclaims Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reclaims Global's Average Total Inventories for the six months ended in Jan. 2024 was S$0.02 Mil. Reclaims Global's Cost of Goods Sold for the six months ended in Jan. 2024 was S$7.46 Mil. Hence, Reclaims Global's Days Inventory for the six months ended in Jan. 2024 was 0.40.

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

SGX:NEX' s Days Inventory Range Over the Past 10 Years
Min: 0.51   Med: 0.93   Max: 1.72
Current: 0.51

During the past 9 years, Reclaims Global's highest Days Inventory was 1.72. The lowest was 0.51. And the median was 0.93.

SGX:NEX's Days Inventory is ranked better than
96.67% of 210 companies
in the Waste Management industry
Industry Median: 22.785 vs SGX:NEX: 0.51

Reclaims Global's Days Inventory declined from Jan. 2023 (0.52) to Jan. 2024 (0.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Reclaims Global's Inventory Turnover for the six months ended in Jan. 2024 was 452.30.

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. Reclaims Global's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.00.


Reclaims Global Days Inventory Historical Data

The historical data trend for Reclaims Global'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.

Reclaims Global Days Inventory Chart

Reclaims Global Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.95 0.76 0.91 1.12 0.52

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.04 0.93 0.52 0.66 0.40

Competitive Comparison of Reclaims Global's Days Inventory

For the Waste Management subindustry, Reclaims Global'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.


Reclaims Global's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Reclaims Global's Days Inventory falls into.



Reclaims Global Days Inventory Calculation

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

Reclaims Global's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0.02 + 0.016) / 2 ) / 12.596*365
=0.018 / 12.596*365
=0.52

Reclaims Global's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.017 + 0.016) / 2 ) / 7.463*365 / 2
=0.0165 / 7.463*365 / 2
=0.40

* 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.


Reclaims Global  (SGX:NEX) 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.

Reclaims Global's Inventory Turnover for the six months ended in Jan. 2024 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.

Reclaims Global's Inventory to Revenue for the six months ended in Jan. 2024 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.


Reclaims Global Days Inventory Related Terms

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


Reclaims Global (SGX:NEX) Business Description

Traded in Other Exchanges
N/A
Address
10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are recycling, excavation services, and logistics and leasing. The company derives maximum revenue from the logistics and leasing segment. Its excavation services segment performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.