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Progen Holdings (SGX:583) Days Inventory : 21.70 (As of Jun. 2023)


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What is Progen Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Progen Holdings's Average Total Inventories for the six months ended in Jun. 2023 was S$0.19 Mil. Progen Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was S$1.60 Mil. Hence, Progen Holdings's Days Inventory for the six months ended in Jun. 2023 was 21.70.

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

SGX:583' s Days Inventory Range Over the Past 10 Years
Min: 6.21   Med: 23.17   Max: 61.71
Current: 18.12

During the past 13 years, Progen Holdings's highest Days Inventory was 61.71. The lowest was 6.21. And the median was 23.17.

SGX:583's Days Inventory is ranked better than
68.51% of 1391 companies
in the Construction industry
Industry Median: 48.85 vs SGX:583: 18.12

Progen Holdings's Days Inventory declined from Jun. 2022 (36.55) to Jun. 2023 (21.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Progen Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 8.41.

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. Progen Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.07.


Progen Holdings Days Inventory Historical Data

The historical data trend for Progen Holdings'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.

Progen Holdings Days Inventory Chart

Progen Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.71 10.54 52.98 39.14 22.34

Progen Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 58.65 35.78 36.55 16.39 21.70

Competitive Comparison of Progen Holdings's Days Inventory

For the Building Products & Equipment subindustry, Progen Holdings'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.


Progen Holdings's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Progen Holdings's Days Inventory falls into.



Progen Holdings Days Inventory Calculation

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

Progen Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.143 + 0.206) / 2 ) / 2.851*365
=0.1745 / 2.851*365
=22.34

Progen Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.206 + 0.175) / 2 ) / 1.602*365 / 2
=0.1905 / 1.602*365 / 2
=21.70

* 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.


Progen Holdings  (SGX:583) 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.

Progen Holdings's Inventory Turnover for the six months ended in Jun. 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.

Progen Holdings's Inventory to Revenue for the six months ended in Jun. 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.


Progen Holdings Days Inventory Related Terms

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


Progen Holdings (SGX:583) Business Description

Traded in Other Exchanges
N/A
Address
28 Riverside Road, No. 04-01 Progen Building, Singapore, SGP, 739085
Website
Progen Holdings Ltd is a Singapore-based investment holding company. It is principally engaged in the business of design, supply, installation and maintenance of air-conditioners, cooling and mechanical ventilation systems. The operating segments of the company are, the Products and Installation segment which relates to contracting of engineering works, cooling towers, air-conditioning and mechanical ventilation systems, the Servicing and Maintenance segment which relates to servicing and repairing of air-conditioners, cooling towers and other cooling equipment, the Rental segment which relates to the leasing of factory and office space and Property Development segment. The group operates in Singapore and generates majority of the revenue from the products and installation segment.

Progen Holdings (SGX:583) Headlines

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