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Versalink Holdings (SGX:40N) Days Inventory : 75.21 (As of Feb. 2024)


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What is Versalink Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Versalink Holdings's Average Total Inventories for the six months ended in Feb. 2024 was S$1.94 Mil. Versalink Holdings's Cost of Goods Sold for the six months ended in Feb. 2024 was S$4.72 Mil. Hence, Versalink Holdings's Days Inventory for the six months ended in Feb. 2024 was 75.21.

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

SGX:40N' s Days Inventory Range Over the Past 10 Years
Min: 83.62   Med: 118.2   Max: 156.93
Current: 85.11

During the past 11 years, Versalink Holdings's highest Days Inventory was 156.93. The lowest was 83.62. And the median was 118.20.

SGX:40N's Days Inventory is ranked better than
70.43% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs SGX:40N: 85.11

Versalink Holdings's Days Inventory declined from Feb. 2023 (108.83) to Feb. 2024 (75.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Versalink Holdings's Inventory Turnover for the six months ended in Feb. 2024 was 2.43.

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. Versalink Holdings's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.38.


Versalink Holdings Days Inventory Historical Data

The historical data trend for Versalink 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.

* Premium members only.

Versalink Holdings Days Inventory Chart

Versalink Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.80 156.35 156.93 122.92 83.62

Versalink Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 129.60 126.63 108.83 98.31 75.21

Competitive Comparison of Versalink Holdings's Days Inventory

For the Business Equipment & Supplies subindustry, Versalink 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.


Versalink Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Versalink Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Versalink Holdings's Days Inventory falls into.



Versalink Holdings Days Inventory Calculation

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

Versalink Holdings's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (2.632 + 1.559) / 2 ) / 9.147*365
=2.0955 / 9.147*365
=83.62

Versalink Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (2.327 + 1.559) / 2 ) / 4.715*365 / 2
=1.943 / 4.715*365 / 2
=75.21

* 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.


Versalink Holdings  (SGX:40N) 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.

Versalink Holdings's Inventory Turnover for the six months ended in Feb. 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.

Versalink Holdings's Inventory to Revenue for the six months ended in Feb. 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.


Versalink Holdings Days Inventory Related Terms

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


Versalink Holdings (SGX:40N) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6119, Jalan Haji Salleh, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Versalink Holdings Ltd is principally engaged in the design, manufacture, and supply of a wide range of system furniture. The company also focuses on ancillary products such as seating models and work tools. It also provides workspace planning and consulting services to customers. The company operates in two business segments that include Domestic Sales and Export Sales. The export sales generate maximum revenue for the company. Geographically, the company operates in Malaysia, the Middle East, North America, Asia, Singapore, and others.

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