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Second Chance Properties (SGX:528) Days Inventory : 466.77 (As of Feb. 2024)


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What is Second Chance Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Second Chance Properties's Average Total Inventories for the six months ended in Feb. 2024 was S$16.03 Mil. Second Chance Properties's Cost of Goods Sold for the six months ended in Feb. 2024 was S$6.27 Mil. Hence, Second Chance Properties's Days Inventory for the six months ended in Feb. 2024 was 466.77.

The historical rank and industry rank for Second Chance Properties's Days Inventory or its related term are showing as below:

SGX:528' s Days Inventory Range Over the Past 10 Years
Min: 314.57   Med: 334.13   Max: 500.42
Current: 414.68

During the past 13 years, Second Chance Properties's highest Days Inventory was 500.42. The lowest was 314.57. And the median was 334.13.

SGX:528's Days Inventory is ranked worse than
92.9% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.87 vs SGX:528: 414.68

Second Chance Properties's Days Inventory increased from Feb. 2023 (396.55) to Feb. 2024 (466.77). It might indicate that Second Chance Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Second Chance Properties's Inventory Turnover for the six months ended in Feb. 2024 was 0.39.

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. Second Chance Properties's Inventory-to-Revenue for the six months ended in Feb. 2024 was 1.21.


Second Chance Properties Days Inventory Historical Data

The historical data trend for Second Chance Properties'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.

Second Chance Properties Days Inventory Chart

Second Chance Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.22 500.42 328.77 317.54 372.47

Second Chance Properties Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 373.46 278.09 396.55 368.39 466.77

Competitive Comparison of Second Chance Properties's Days Inventory

For the Luxury Goods subindustry, Second Chance Properties'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.


Second Chance Properties's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Second Chance Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Second Chance Properties's Days Inventory falls into.



Second Chance Properties Days Inventory Calculation

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

Second Chance Properties's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (16.371 + 15.796) / 2 ) / 15.761*365
=16.0835 / 15.761*365
=372.47

Second Chance Properties's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (15.796 + 16.272) / 2 ) / 6.269*365 / 2
=16.034 / 6.269*365 / 2
=466.77

* 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.


Second Chance Properties  (SGX:528) 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.

Second Chance Properties's Inventory Turnover for the six months ended in Feb. 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.

Second Chance Properties's Inventory to Revenue for the six months ended in Feb. 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.


Second Chance Properties Days Inventory Related Terms

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


Second Chance Properties (SGX:528) Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 07-20 Paya Lebar Square, Singapore, SGP, 409051
Second Chance Properties Ltd is a Singapore-based investment holding company, retailing of readymade garments, holding of property as investment for rental income and investing in securities. The company operates in four segments: Wearing apparel; Gold & jewelry, which is the key revenue generator; Investment dealing; and Property rental. Its geographical segments include Singapore and Malaysia, of which the vast majority of the revenue comes from Singapore.

Second Chance Properties (SGX:528) Headlines

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