COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Days Inventory : 1.03 (As of Dec. 2023)

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What is COSCO Shipping International (Singapore) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). COSCO Shipping International (Singapore) Co's Average Total Inventories for the six months ended in Dec. 2023 was $0.3 Mil. COSCO Shipping International (Singapore) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $52.7 Mil. Hence, COSCO Shipping International (Singapore) Co's Days Inventory for the six months ended in Dec. 2023 was 1.03.

The historical rank and industry rank for COSCO Shipping International (Singapore) Co's Days Inventory or its related term are showing as below:

CSCMY' s Days Inventory Range Over the Past 10 Years
Min: 1.17 Med: 2.04 Max: 6340.48
Current: 1.23

During the past 13 years, COSCO Shipping International (Singapore) Co's highest Days Inventory was 6340.48. The lowest was 1.17. And the median was 2.04.

CSCMY's Days Inventory is ranked better than
90.14% of 781 companies
in the Transportation industry
Industry Median: 11.49 vs CSCMY: 1.23

COSCO Shipping International (Singapore) Co's Days Inventory declined from Dec. 2022 (1.16) to Dec. 2023 (1.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. COSCO Shipping International (Singapore) Co's Inventory Turnover for the six months ended in Dec. 2023 was 176.38.

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. COSCO Shipping International (Singapore) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

COSCO Shipping International (Singapore) Co Days Inventory Historical Data

The historical data trend for COSCO Shipping International (Singapore) Co'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.

COSCO Shipping International (Singapore) Co Days Inventory Chart

COSCO Shipping International (Singapore) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.10

1.94

1.39

1.16

1.31

COSCO Shipping International (Singapore) Co 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															1.47	0.83	1.16	1.33	1.03

Competitive Comparison of COSCO Shipping International (Singapore) Co's Days Inventory

For the Integrated Freight & Logistics subindustry, COSCO Shipping International (Singapore) Co'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.

COSCO Shipping International (Singapore) Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO Shipping International (Singapore) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where COSCO Shipping International (Singapore) Co's Days Inventory falls into.

COSCO Shipping International (Singapore) Co Days Inventory Calculation

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

COSCO Shipping International (Singapore) Co'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
=	( (0.443	+	0.302)	/	2 )	/	103.869	*	365
=	0.3725					/	103.869	*	365
=	1.31

COSCO Shipping International (Singapore) Co'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
=	( (0.296	+	0.302)	/	2 )	/	52.737	*	365 / 2
=	0.299					/	52.737	*	365 / 2
=	1.03

COSCO Shipping International (Singapore) Co (OTCPK:CSCMY) 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.

COSCO Shipping International (Singapore) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.737	/	0.299
	=	176.38

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.

COSCO Shipping International (Singapore) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.299	/	66.463
	=	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.

COSCO Shipping International (Singapore) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of COSCO Shipping International (Singapore) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO Shipping International (Singapore) Co Ltd (OTCPK:CSCMY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

F83:Singapore VZS:Germany

Address

30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712

Website

https://www.coscoshipping.com.sg

COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates ship repair, marine engineering, and dry bulk shipping outfits in China and Singapore. Further, The company also provides services that include property management. It operates in the following segment: shipping, ship repair and marine engineering activities, logistics, and property management. The majority of its revenue gets derived from the Logistics segment.

COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Headlines

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