Lum Chang Holdings (SGX:L19) Days Inventory : 19.40 (As of Dec. 2023)

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What is Lum Chang Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lum Chang Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$22.4 Mil. Lum Chang Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$210.6 Mil. Hence, Lum Chang Holdings's Days Inventory for the six months ended in Dec. 2023 was 19.40.

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

SGX:L19' s Days Inventory Range Over the Past 10 Years
Min: 21.78 Med: 136.16 Max: 213.13
Current: 21.78

During the past 13 years, Lum Chang Holdings's highest Days Inventory was 213.13. The lowest was 21.78. And the median was 136.16.

SGX:L19's Days Inventory is ranked better than
65.56% of 1391 companies
in the Construction industry
Industry Median: 48.85 vs SGX:L19: 21.78

Lum Chang Holdings's Days Inventory declined from Dec. 2022 (33.62) to Dec. 2023 (19.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lum Chang Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 9.41.

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. Lum Chang Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Lum Chang Holdings Days Inventory Historical Data

The historical data trend for Lum Chang 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.

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Lum Chang Holdings Days Inventory Chart

Lum Chang Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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213.13

153.64

136.16

60.83

28.33

Lum Chang Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															76.11	40.03	33.62	23.41	19.40

Competitive Comparison of Lum Chang Holdings's Days Inventory

For the Engineering & Construction subindustry, Lum Chang 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.

Lum Chang Holdings's Days Inventory Distribution in the Construction Industry

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

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

Lum Chang Holdings Days Inventory Calculation

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

Lum Chang Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (37.381	+	23.122)	/	2 )	/	389.694	*	365
=	30.2515					/	389.694	*	365
=	28.33

Lum Chang Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (23.122	+	21.655)	/	2 )	/	210.645	*	365 / 2
=	22.3885					/	210.645	*	365 / 2
=	19.40

Lum Chang Holdings (SGX:L19) 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.

Lum Chang Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	210.645	/	22.3885
	=	9.41

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.

Lum Chang Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.3885	/	232.607
	=	0.10

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.

Lum Chang Holdings Days Inventory Related Terms

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

Lum Chang Holdings (SGX:L19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lum Chang Holdings Ltd (SGX:L19) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Kung Chong Road, No. 08-01 Lum Chang Building, Singapore, SGP, 159150

Website

http://www.lumchang.com.sg

Lum Chang Holdings Ltd is a construction company. It operates through the following segments: Construction; Property Development and Investment; Interior Contracting and Investment Holding and Other. The Construction segment which derives the majority of revenue engages in the construction of buildings and building extensions, additions and alteration, refurbishment, and restoration of buildings. The Property Development and Investment segment develops property for sale and holds properties for the investment purposes of the company. The Investment Holding and Others segment is the holding of investments and provision of management services to the companies within the group.

Lum Chang Holdings (SGX:L19) Headlines

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