Swang Chai Chuan (HKSE:02321) Days Inventory : 39.42 (As of Jun. 2024)

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What is Swang Chai Chuan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swang Chai Chuan's Average Total Inventories for the six months ended in Jun. 2024 was HK$149 Mil. Swang Chai Chuan's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$690 Mil. Hence, Swang Chai Chuan's Days Inventory for the six months ended in Jun. 2024 was 39.42.

The historical rank and industry rank for Swang Chai Chuan's Days Inventory or its related term are showing as below:

HKSE:02321' s Days Inventory Range Over the Past 10 Years
Min: 32.67 Med: 37.19 Max: 42.43
Current: 39.8

During the past 6 years, Swang Chai Chuan's highest Days Inventory was 42.43. The lowest was 32.67. And the median was 37.19.

HKSE:02321's Days Inventory is ranked worse than
54.3% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.38 vs HKSE:02321: 39.80

Swang Chai Chuan's Days Inventory declined from Jun. 2023 (42.20) to Jun. 2024 (39.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Swang Chai Chuan's Inventory Turnover for the six months ended in Jun. 2024 was 4.63.

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. Swang Chai Chuan's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.19.

Swang Chai Chuan Days Inventory Historical Data

The historical data trend for Swang Chai Chuan'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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Swang Chai Chuan Days Inventory Chart

Swang Chai Chuan Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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33.23

32.67

39.55

42.43

38.44

Swang Chai Chuan Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial					40.22	42.20	41.76	39.42	40.55

Competitive Comparison of Swang Chai Chuan's Days Inventory

For the Grocery Stores subindustry, Swang Chai Chuan'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.

Swang Chai Chuan's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Swang Chai Chuan's Days Inventory distribution charts can be found below:

* The bar in red indicates where Swang Chai Chuan's Days Inventory falls into.

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Swang Chai Chuan Days Inventory Calculation

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

Swang Chai Chuan'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
=	( (172.848	+	147.441)	/	2 )	/	1377.493	*	365
=	160.1445					/	1377.493	*	365
=	42.43

Swang Chai Chuan'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
=	( (147.441	+	150.734)	/	2 )	/	690.291	*	365 / 2
=	149.0875					/	690.291	*	365 / 2
=	39.42

Swang Chai Chuan (HKSE:02321) 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.

Swang Chai Chuan's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	690.291	/	149.0875
	=	4.63

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.

Swang Chai Chuan's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	149.0875	/	782.338
	=	0.19

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.

Swang Chai Chuan Days Inventory Related Terms

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

Swang Chai Chuan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Swang Chai Chuan Ltd (HKSE:02321) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Semambu, Lot 147-A, Kuantan, PHG, MYS, 25350

Website

https://www.sccgroup.com.my

Swang Chai Chuan Ltd is a distributor of Food and Beverages and other products for recognized international and domestic third-party brands and own brands in Malaysia. The company has one reportable segment which is the whole the business of distribution and sales of F&B and provision of logistics services, and warehousing services. It manages its business as a whole as the businesses of distribution and sales of F&B and provision of logistics, warehousing services, and others are carried out in Malaysia.

Executives

Tee Kian Heng	2101 Beneficial owner
Lim Tau Hong	2202 Interest of your spouse
Ng Kar Wei	2202 Interest of your spouse
Ng Mee Lam	2202 Interest of your spouse
Soon Chiew Ang	2201 Interest of corporation controlled by you
Soon Holdings Limited	2101 Beneficial owner
Soon Lee Shiang	2201 Interest of corporation controlled by you
Soon See Beng	2201 Interest of corporation controlled by you
Soon See Long	2201 Interest of corporation controlled by you
Yang Lixia	2202 Interest of your spouse

Swang Chai Chuan Headlines

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