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Union Steel Holdings (SGX:ZB9) Days Inventory : 129.63 (As of Dec. 2023)


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What is Union Steel Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Union Steel Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$26.1 Mil. Union Steel Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$36.7 Mil. Hence, Union Steel Holdings's Days Inventory for the six months ended in Dec. 2023 was 129.63.

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

SGX:ZB9' s Days Inventory Range Over the Past 10 Years
Min: 102.6   Med: 133.92   Max: 173.77
Current: 129.57

During the past 13 years, Union Steel Holdings's highest Days Inventory was 173.77. The lowest was 102.60. And the median was 133.92.

SGX:ZB9's Days Inventory is ranked worse than
88.15% of 211 companies
in the Waste Management industry
Industry Median: 22.94 vs SGX:ZB9: 129.57

Union Steel Holdings's Days Inventory declined from Dec. 2022 (135.42) to Dec. 2023 (129.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Union Steel Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.41.

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. Union Steel Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.49.


Union Steel Holdings Days Inventory Historical Data

The historical data trend for Union Steel 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.

Union Steel Holdings Days Inventory Chart

Union Steel Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.26 173.77 142.84 151.23 125.00

Union Steel 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 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 145.48 155.01 135.42 125.32 129.63

Competitive Comparison of Union Steel Holdings's Days Inventory

For the Waste Management subindustry, Union Steel 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.


Union Steel Holdings's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Union Steel Holdings's Days Inventory distribution charts can be found below:

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



Union Steel Holdings Days Inventory Calculation

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

Union Steel 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
=( (29.315 + 25.422) / 2 ) / 79.914*365
=27.3685 / 79.914*365
=125.00

Union Steel 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
=( (25.422 + 26.679) / 2 ) / 36.676*365 / 2
=26.0505 / 36.676*365 / 2
=129.63

* 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.


Union Steel Holdings  (SGX:ZB9) 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.

Union Steel Holdings's Inventory Turnover for the six months ended in Dec. 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.

Union Steel Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Union Steel Holdings Days Inventory Related Terms

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


Union Steel Holdings (SGX:ZB9) Business Description

Traded in Other Exchanges
N/A
Address
33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals that include import and export of scrap metals, trading, and leasing of metal products; Scaffolding that provides scaffolding services and related consultancy services; Engineering including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore followed by India, South Africa, Malaysia, Indonesia, Pakistan, Netherlands, and Others.

Union Steel Holdings (SGX:ZB9) Headlines

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