Singapore Kitchen Equipment (SGX:5WG) Days Inventory : 99.38 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Singapore Kitchen Equipment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Singapore Kitchen Equipment's Average Total Inventories for the three months ended in Mar. 2024 was S$4.51 Mil. Singapore Kitchen Equipment's Cost of Goods Sold for the three months ended in Mar. 2024 was S$4.14 Mil. Hence, Singapore Kitchen Equipment's Days Inventory for the three months ended in Mar. 2024 was 99.38.

The historical rank and industry rank for Singapore Kitchen Equipment's Days Inventory or its related term are showing as below:

SGX:5WG' s Days Inventory Range Over the Past 10 Years
Min: 60.85 Med: 67.75 Max: 85.82
Current: 85.82

During the past 12 years, Singapore Kitchen Equipment's highest Days Inventory was 85.82. The lowest was 60.85. And the median was 67.75.

SGX:5WG's Days Inventory is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 104.35 vs SGX:5WG: 85.82

Singapore Kitchen Equipment's Days Inventory declined from Mar. 2023 (148.14) to Mar. 2024 (99.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Singapore Kitchen Equipment's Inventory Turnover for the three months ended in Mar. 2024 was 0.92.

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. Singapore Kitchen Equipment's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.74.

Singapore Kitchen Equipment Days Inventory Historical Data

The historical data trend for Singapore Kitchen Equipment'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.

Singapore Kitchen Equipment Days Inventory Chart

Singapore Kitchen Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

60.85

85.11

66.88

68.80

63.77

Singapore Kitchen Equipment Quarterly Data
	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															148.14	80.39	104.58	68.20	99.38

Competitive Comparison of Singapore Kitchen Equipment's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Singapore Kitchen Equipment'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.

Singapore Kitchen Equipment's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Singapore Kitchen Equipment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Singapore Kitchen Equipment's Days Inventory falls into.

Singapore Kitchen Equipment Days Inventory Calculation

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

Singapore Kitchen Equipment'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
=	( (5.197	+	4.459)	/	2 )	/	27.633	*	365
=	4.828					/	27.633	*	365
=	63.77

Singapore Kitchen Equipment's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.459	+	4.563)	/	2 )	/	4.142	*	365 / 4
=	4.511					/	4.142	*	365 / 4
=	99.38

Singapore Kitchen Equipment (SGX:5WG) 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.

Singapore Kitchen Equipment's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.142	/	4.511
	=	0.92

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.

Singapore Kitchen Equipment's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.511	/	6.122
	=	0.74

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.

Singapore Kitchen Equipment Days Inventory Related Terms

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

Singapore Kitchen Equipment (SGX:5WG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Singapore Kitchen Equipment Ltd (SGX:5WG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 Henderson Road, No. 01-01 Henderson Industrial Park, Singapore, SGP, 159550

Website

http://www.singaporekitchenequipmentltd.com

Singapore Kitchen Equipment Ltd operates as a kitchen solutions provider in Singapore. It is engaged in the provision of commercial and industrial kitchen solutions. It operates through given segments: Fabrication and Distribution business, which sells and manufactures standard and customized kitchen systems, as well as kitchen equipment to food and beverage and hospitality services industries; and Maintenance and servicing business providing back-end food preparation and cooking solutions and Rental income business which leases out kitchen equipment to customers on a short-term basis. It offers its services in Singapore and overseas, within the private and public sectors, including central kitchens, restaurants, integrated resorts, hotels and government agencies.

Singapore Kitchen Equipment (SGX:5WG) Headlines

No Headlines