Days Inventory is also known as Days Sales of Inventory (DSI). Nam Cheong's Average Total Inventories for the
three
months ended in Mar. 2024 was S$7.3 Mil. Nam Cheong's Cost of Goods Sold for the
three
months ended in Mar. 2024 was S$17.6 Mil.
Hence, Nam Cheong's Days Inventory for the
three
months ended in Mar. 2024 was 37.64.
The historical rank and industry rank for Nam Cheong's Days Inventory or its related term are showing as below:
SGX:1MZ'
s Days Inventory Range Over the Past 10 Years
Min: 22.94 Med: 234.27 Max: 4806.08
Current: 23.13
During the past 13 years, Nam Cheong's highest Days Inventory was 4806.08. The lowest was 22.94. And the median was 234.27.
SGX:1MZ's Days Inventory is ranked better than 91.32% of 288
companies
in the Aerospace & Defense industry
Industry Median: 148.84
vs SGX:1MZ: 23.13
Nam Cheong's Days Inventory
increased
from Mar. 2023 (34.80) to Mar. 2024 (37.64).
It might indicate that Nam Cheong's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nam Cheong's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.42.
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.
Nam Cheong's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.23.
Nam Cheong Days Inventory Historical Data
The historical data trend for Nam Cheong'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.
Competitive Comparison of Nam Cheong's Days Inventory
For the Aerospace & Defense subindustry, Nam Cheong'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.
Nam Cheong's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nam Cheong's Days Inventory falls into.
Nam Cheong Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nam Cheong's Days Inventory for the fiscal year that 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.
Nam Cheong (SGX:1MZ) 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.
Nam Cheong's Inventory Turnover for the
three
months ended in Mar. 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.
Nam Cheong's Inventory to Revenue for the
three
months ended in Mar. 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.
Nam Cheong Days Inventory Related Terms
Thank you for viewing the detailed overview of Nam Cheong's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts.
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