TBK & Sons Holdings (HKSE:01960) Days Inventory : 74.12 (As of Dec. 2023)

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What is TBK & Sons Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TBK & Sons Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$42.3 Mil. TBK & Sons Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$104.1 Mil. Hence, TBK & Sons Holdings's Days Inventory for the six months ended in Dec. 2023 was 74.12.

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

HKSE:01960' s Days Inventory Range Over the Past 10 Years
Min: 26.39 Med: 26.39 Max: 72.65
Current: 72.65

During the past 8 years, TBK & Sons Holdings's highest Days Inventory was 72.65. The lowest was 26.39. And the median was 26.39.

HKSE:01960's Days Inventory is ranked worse than
60.23% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs HKSE:01960: 72.65

TBK & Sons Holdings's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (74.12). It might indicate that TBK & Sons Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TBK & Sons Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 2.46.

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. TBK & Sons Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.

TBK & Sons Holdings Days Inventory Historical Data

The historical data trend for TBK & Sons 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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TBK & Sons Holdings Days Inventory Chart

TBK & Sons Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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26.39

TBK & Sons Holdings Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									6.01	4.10	-	72.94	74.12

Competitive Comparison of TBK & Sons Holdings's Days Inventory

For the Engineering & Construction subindustry, TBK & Sons 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.

TBK & Sons Holdings's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where TBK & Sons Holdings's Days Inventory falls into.

TBK & Sons Holdings Days Inventory Calculation

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

TBK & Sons 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
=	( (0	+	43.267)	/	1 )	/	598.401	*	365
=	43.267					/	598.401	*	365
=	26.39

TBK & Sons 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
=	( (43.267	+	41.262)	/	2 )	/	104.064	*	365 / 2
=	42.2645					/	104.064	*	365 / 2
=	74.12

TBK & Sons Holdings (HKSE:01960) 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.

TBK & Sons Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	104.064	/	42.2645
	=	2.46

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.

TBK & Sons Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	42.2645	/	108.477
	=	0.39

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.

TBK & Sons Holdings Days Inventory Related Terms

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

TBK & Sons Holdings (HKSE:01960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TBK & Sons Holdings Ltd (HKSE:01960) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000

Website

https://www.tbkssb.com.my

TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.

Executives

Fuji Investment Spc	2201 Interest of corporation controlled by you
Victory Lead Ventures Limited	2101 Beneficial owner
Tan Han Peng	2201 Interest of corporation controlled by you
Tan Hun Tiong	2201 Interest of corporation controlled by you
Tan Siew Hong	2202 Interest of your spouse
Tbk & Sons International Limited	2101 Beneficial owner
Yang Dunwei	2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si	2106 Person having a security interest in shares

TBK & Sons Holdings (HKSE:01960) Headlines

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