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Straits Trading Co (SGX:S20) Days Inventory : 149.05 (As of Dec. 2023)


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What is Straits Trading Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Straits Trading Co's Average Total Inventories for the six months ended in Dec. 2023 was S$164.2 Mil. Straits Trading Co's Cost of Goods Sold for the six months ended in Dec. 2023 was S$201.0 Mil. Hence, Straits Trading Co's Days Inventory for the six months ended in Dec. 2023 was 149.05.

The historical rank and industry rank for Straits Trading Co's Days Inventory or its related term are showing as below:

SGX:S20' s Days Inventory Range Over the Past 10 Years
Min: 53.62   Med: 160.73   Max: 315.45
Current: 167.03

During the past 13 years, Straits Trading Co's highest Days Inventory was 315.45. The lowest was 53.62. And the median was 160.73.

SGX:S20's Days Inventory is ranked worse than
80.24% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs SGX:S20: 167.03

Straits Trading Co's Days Inventory declined from Dec. 2022 (182.53) to Dec. 2023 (149.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Straits Trading Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.22.

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. Straits Trading Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.64.


Straits Trading Co Days Inventory Historical Data

The historical data trend for Straits Trading 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.

Straits Trading Co Days Inventory Chart

Straits Trading Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.98 277.15 315.45 193.54 171.46

Straits Trading 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 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 426.32 243.76 182.53 184.07 149.05

Competitive Comparison of Straits Trading Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Straits Trading 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.


Straits Trading Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Straits Trading Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Straits Trading Co's Days Inventory falls into.



Straits Trading Co Days Inventory Calculation

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

Straits Trading 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
=( (173.541 + 169.917) / 2 ) / 365.579*365
=171.729 / 365.579*365
=171.46

Straits Trading 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
=( (158.415 + 169.917) / 2 ) / 201.013*365 / 2
=164.166 / 201.013*365 / 2
=149.05

* 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.


Straits Trading Co  (SGX:S20) 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.

Straits Trading Co'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.

Straits Trading Co'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.


Straits Trading Co Days Inventory Related Terms

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


Straits Trading Co (SGX:S20) Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881
Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

Straits Trading Co (SGX:S20) Headlines

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