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Secura Group (SGX:43B) Days Inventory : 5.64 (As of Dec. 2023)


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What is Secura Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Secura Group's Average Total Inventories for the six months ended in Dec. 2023 was S$0.83 Mil. Secura Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$26.79 Mil. Hence, Secura Group's Days Inventory for the six months ended in Dec. 2023 was 5.64.

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

SGX:43B' s Days Inventory Range Over the Past 10 Years
Min: 0.53   Med: 15.44   Max: 31.04
Current: 5.63

During the past 9 years, Secura Group's highest Days Inventory was 31.04. The lowest was 0.53. And the median was 15.44.

SGX:43B's Days Inventory is ranked better than
75.7% of 683 companies
in the Business Services industry
Industry Median: 28.55 vs SGX:43B: 5.63

Secura Group's Days Inventory increased from Dec. 2022 (5.39) to Dec. 2023 (5.64). It might indicate that Secura Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Secura Group's Inventory Turnover for the six months ended in Dec. 2023 was 32.34.

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. Secura Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Secura Group Days Inventory Historical Data

The historical data trend for Secura Group'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.

Secura Group Days Inventory Chart

Secura Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 31.04 19.64 8.08 6.34 5.66

Secura Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.86 5.89 5.39 5.58 5.64

Competitive Comparison of Secura Group's Days Inventory

For the Security & Protection Services subindustry, Secura Group'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.


Secura Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secura Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Secura Group's Days Inventory falls into.



Secura Group Days Inventory Calculation

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

Secura Group'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
=( (0.813 + 0.844) / 2 ) / 53.399*365
=0.8285 / 53.399*365
=5.66

Secura Group'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
=( (0.813 + 0.844) / 2 ) / 26.793*365 / 2
=0.8285 / 26.793*365 / 2
=5.64

* 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.


Secura Group  (SGX:43B) 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.

Secura Group's Inventory Turnover for the six months ended in Dec. 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.

Secura Group's Inventory to Revenue for the six months 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.


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.


Secura Group Days Inventory Related Terms

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


Secura Group (SGX:43B) Business Description

Traded in Other Exchanges
N/A
Address
38 Alexandra Terrace, Singapore, SGP, 119932
Secura Group Ltd is an investment holding company that provides an integrated suite of security products, services, and solutions. The company operates in six segments: Corporate; Security Printing; Security Guarding; Cyber Security; Security Technology and Consultancy. Most of its revenue comes from the Security Guarding segment. Its brands include Soverus security solutions, Secura Printing, and Secura Training. Nearly all its revenue comes from Singapore.

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