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Noel Gifts International (SGX:543) Days Inventory : 169.88 (As of Dec. 2023)


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What is Noel Gifts International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Noel Gifts International's Average Total Inventories for the six months ended in Dec. 2023 was S$2.83 Mil. Noel Gifts International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$3.04 Mil. Hence, Noel Gifts International's Days Inventory for the six months ended in Dec. 2023 was 169.88.

The historical rank and industry rank for Noel Gifts International's Days Inventory or its related term are showing as below:

SGX:543' s Days Inventory Range Over the Past 10 Years
Min: 51.87   Med: 68.88   Max: 137.67
Current: 137.67

During the past 13 years, Noel Gifts International's highest Days Inventory was 137.67. The lowest was 51.87. And the median was 68.88.

SGX:543's Days Inventory is ranked worse than
60.41% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.33 vs SGX:543: 137.67

Noel Gifts International's Days Inventory increased from Dec. 2022 (146.94) to Dec. 2023 (169.88). It might indicate that Noel Gifts International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Noel Gifts International's Inventory Turnover for the six months ended in Dec. 2023 was 1.07.

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. Noel Gifts International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.46.


Noel Gifts International Days Inventory Historical Data

The historical data trend for Noel Gifts International'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.

Noel Gifts International Days Inventory Chart

Noel Gifts International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.63 70.23 67.52 51.87 64.09

Noel Gifts International Semi-Annual Data
Jun14 Dec14 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 Premium Member Only Premium Member Only 119.77 73.78 146.94 97.18 169.88

Competitive Comparison of Noel Gifts International's Days Inventory

For the Specialty Retail subindustry, Noel Gifts International'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.


Noel Gifts International's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Noel Gifts International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Noel Gifts International's Days Inventory falls into.



Noel Gifts International Days Inventory Calculation

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

Noel Gifts International's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (1.544 + 1.83) / 2 ) / 9.608*365
=1.687 / 9.608*365
=64.09

Noel Gifts International'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
=( (1.83 + 3.835) / 2 ) / 3.043*365 / 2
=2.8325 / 3.043*365 / 2
=169.88

* 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.


Noel Gifts International  (SGX:543) 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.

Noel Gifts International'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.

Noel Gifts International'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.


Noel Gifts International Days Inventory Related Terms

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


Noel Gifts International (SGX:543) Business Description

Traded in Other Exchanges
N/A
Address
21 Ubi Road 1, No. 03-01, Singapore, SGP, 408724
Noel Gifts International Ltd is a hampers, flowers and gifts company. The company engages in the online marketing and sale of bouquets, gifts, and hampers in Singapore and Southeast Asia. The group is principally engaged in two reportable segments, namely Gifts and Properties. The Gifts segment relates to the marketing of gifts and the operation of the franchise programme. The Properties segment relates to property investment and development. It generates maximum revenue from its Gifts segment.

Noel Gifts International (SGX:543) Headlines

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