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Eggriculture Foods (HKSE:08609) Days Inventory : 36.90 (As of Sep. 2023)


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What is Eggriculture Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eggriculture Foods's Average Total Inventories for the three months ended in Sep. 2023 was HK$59.8 Mil. Eggriculture Foods's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$147.8 Mil. Hence, Eggriculture Foods's Days Inventory for the three months ended in Sep. 2023 was 36.90.

The historical rank and industry rank for Eggriculture Foods's Days Inventory or its related term are showing as below:

HKSE:08609' s Days Inventory Range Over the Past 10 Years
Min: 27.92   Med: 34.82   Max: 63.92
Current: 37.56

During the past 9 years, Eggriculture Foods's highest Days Inventory was 63.92. The lowest was 27.92. And the median was 34.82.

HKSE:08609's Days Inventory is ranked better than
85.18% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 83.37 vs HKSE:08609: 37.56

Eggriculture Foods's Days Inventory increased from Sep. 2022 (34.26) to Sep. 2023 (36.90). It might indicate that Eggriculture Foods's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eggriculture Foods's Inventory Turnover for the three months ended in Sep. 2023 was 2.47.

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. Eggriculture Foods's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.38.


Eggriculture Foods Days Inventory Historical Data

The historical data trend for Eggriculture Foods'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.

Eggriculture Foods Days Inventory Chart

Eggriculture Foods Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 31.69 34.82 35.73 27.92 33.63

Eggriculture Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 33.27 28.85 28.84 36.90 -

Competitive Comparison of Eggriculture Foods's Days Inventory

For the Packaged Foods subindustry, Eggriculture Foods'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.


Eggriculture Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Eggriculture Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eggriculture Foods's Days Inventory falls into.



Eggriculture Foods Days Inventory Calculation

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

Eggriculture Foods's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (44.124 + 70.008) / 2 ) / 619.304*365
=57.066 / 619.304*365
=33.63

Eggriculture Foods's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 59.76) / 1 ) / 147.792*365 / 4
=59.76 / 147.792*365 / 4
=36.90

* 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.


Eggriculture Foods  (HKSE:08609) 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.

Eggriculture Foods's Inventory Turnover for the three months ended in Sep. 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.

Eggriculture Foods's Inventory to Revenue for the three months ended in Sep. 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.


Eggriculture Foods Days Inventory Related Terms

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


Eggriculture Foods Business Description

Traded in Other Exchanges
N/A
Address
1 Lim Chu Kang Lane 9A, Singapore, SGP, 718845
Eggriculture Foods Ltd is an investment holding company. Along with its holdings, it is engaged in the production and sale of fresh eggs and processed eggs in Singapore. The company earns majorly from the sale of fresh eggs, and geographically from Singapore.
Executives
Lim Siok Eng 2202 Interest of your spouse
Ma Chin Chew 2201 Interest of corporation controlled by you
Radiant Grand International Limited 2101 Beneficial owner
Elite Ocean Ventures Limited 2101 Beneficial owner
Lim Joo Boon 2201 Interest of corporation controlled by you
Tan Bee Hong Katrine 2202 Interest of your spouse

Eggriculture Foods Headlines

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