Vibrant Group (SGX:BIP) Days Inventory : 0.30 (As of Oct. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Vibrant Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vibrant Group's Average Total Inventories for the six months ended in Oct. 2023 was S$0.1 Mil. Vibrant Group's Cost of Goods Sold for the six months ended in Oct. 2023 was S$46.9 Mil. Hence, Vibrant Group's Days Inventory for the six months ended in Oct. 2023 was 0.30.

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

SGX:BIP' s Days Inventory Range Over the Past 10 Years
Min: 0.24 Med: 0.82 Max: 1.65
Current: 0.3

During the past 13 years, Vibrant Group's highest Days Inventory was 1.65. The lowest was 0.24. And the median was 0.82.

SGX:BIP's Days Inventory is ranked better than
97.43% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs SGX:BIP: 0.30

Vibrant Group's Days Inventory increased from Oct. 2022 (0.22) to Oct. 2023 (0.30). It might indicate that Vibrant Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vibrant Group's Inventory Turnover for the six months ended in Oct. 2023 was 617.63.

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. Vibrant Group's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.00.

Vibrant Group Days Inventory Historical Data

The historical data trend for Vibrant Group'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.

Vibrant Group Days Inventory Chart

Vibrant Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

Get a 7-Day Free Trial

0.79

1.57

1.15

0.38

0.24

Vibrant Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															0.67	0.41	0.22	0.29	0.30

Competitive Comparison of Vibrant Group's Days Inventory

For the Integrated Freight & Logistics subindustry, Vibrant Group'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.

Vibrant Group's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vibrant Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vibrant Group's Days Inventory falls into.

Vibrant Group Days Inventory Calculation

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

Vibrant Group's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.077	+	0.071)	/	2 )	/	112.97	*	365
=	0.074					/	112.97	*	365
=	0.24

Vibrant Group's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.071	+	0.081)	/	2 )	/	46.94	*	365 / 2
=	0.076					/	46.94	*	365 / 2
=	0.30

Vibrant Group (SGX:BIP) 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.

Vibrant Group's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.94	/	0.076
	=	617.63

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.

Vibrant Group's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.076	/	70.029
	=	0.00

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.

Vibrant Group Days Inventory Related Terms

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

Vibrant Group (SGX:BIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vibrant Group Ltd (SGX:BIP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Penjuru Road No. 04-00, Freight Links Express Logisticentre, Singapore, SGP, 609143

Website

https://www.vibrant.com.sg

Vibrant Group Ltd offers integrated logistics services, design and building of commercial and industrial facilities and property development. The company's operating segment includes Freight and logistics; Financial services and Real estate. It generates maximum revenue from the Freight and logistics segment. The freight and logistics segment provides logistics services, including warehousing services, transportation services, inventory management services, and record management services. Geographically, it derives a majority of revenue from Singapore.