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Sin Heng Heavy Machinery (FRA:SNVA) Days Inventory : 46.69 (As of Jun. 2024)


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What is Sin Heng Heavy Machinery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sin Heng Heavy Machinery's Average Total Inventories for the six months ended in Jun. 2024 was €2.66 Mil. Sin Heng Heavy Machinery's Cost of Goods Sold for the six months ended in Jun. 2024 was €10.38 Mil. Hence, Sin Heng Heavy Machinery's Days Inventory for the six months ended in Jun. 2024 was 46.69.

The historical rank and industry rank for Sin Heng Heavy Machinery's Days Inventory or its related term are showing as below:

FRA:SNVA' s Days Inventory Range Over the Past 10 Years
Min: 22.04   Med: 35.1   Max: 113.92
Current: 49.93

During the past 13 years, Sin Heng Heavy Machinery's highest Days Inventory was 113.92. The lowest was 22.04. And the median was 35.10.

FRA:SNVA's Days Inventory is ranked better than
91.26% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 139.735 vs FRA:SNVA: 49.93

Sin Heng Heavy Machinery's Days Inventory declined from Jun. 2023 (47.89) to Jun. 2024 (46.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sin Heng Heavy Machinery's Inventory Turnover for the six months ended in Jun. 2024 was 3.91.

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. Sin Heng Heavy Machinery's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.16.


Sin Heng Heavy Machinery Days Inventory Historical Data

The historical data trend for Sin Heng Heavy Machinery'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.

Sin Heng Heavy Machinery Days Inventory Chart

Sin Heng Heavy Machinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.68 31.85 22.58 32.56 37.48

Sin Heng Heavy Machinery Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 35.40 60.39 47.89 47.47 46.69

Competitive Comparison of Sin Heng Heavy Machinery's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Sin Heng Heavy Machinery'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.


Sin Heng Heavy Machinery's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sin Heng Heavy Machinery's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sin Heng Heavy Machinery's Days Inventory falls into.



Sin Heng Heavy Machinery Days Inventory Calculation

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

Sin Heng Heavy Machinery'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
=( (4.011 + 2.747) / 2 ) / 32.904*365
=3.379 / 32.904*365
=37.48

Sin Heng Heavy Machinery's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2.747 + 2.564) / 2 ) / 10.38*365 / 2
=2.6555 / 10.38*365 / 2
=46.69

* 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.


Sin Heng Heavy Machinery  (FRA:SNVA) 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.

Sin Heng Heavy Machinery's Inventory Turnover for the six months ended in Jun. 2024 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.

Sin Heng Heavy Machinery's Inventory to Revenue for the six months ended in Jun. 2024 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.


Sin Heng Heavy Machinery Days Inventory Related Terms

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


Sin Heng Heavy Machinery Business Description

Traded in Other Exchanges
Address
26 Gul Road, Singapore, SGP, 629346
Sin Heng Heavy Machinery Ltd is a lifting service provider. The core business activities are the rental and trading of cranes, aerial lifts, and other lifting equipment. The company has two reportable operating segments namely Equipment rental and Trading. Equipment rental includes the rental of cranes and aerial lifts. Trading includes trading of cranes and aerial lifts. The majority of the group's revenue comes from Singapore.

Sin Heng Heavy Machinery Headlines

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