Spindex Industries (SGX:564) Days Inventory: 76.04 (As of Jun. 2025) — Near Median

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SGX:564 Spindex Industries Ltd SGX:564
68 GF Score
Price S$1.42
GF Value S$0.88
! 9 Warning Signs
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What is Spindex Industries Days Inventory?

Spindex Industries SGX:564 68 Days Inventory is 76.04 as of Jun. 2025, which is 2% above its 10-year median of 74.35. GuruFocus rates SGX:564 with a GF Score™ of 68/100 and a GF Value™ of S$0.88. The stock has 9 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Spindex Industries's Average Total Inventories for the six months ended in Jun. 2025 was S$28.8 Mil. Spindex Industries's Cost of Goods Sold for the six months ended in Jun. 2025 was S$69.1 Mil. Hence, Spindex Industries's Days Inventory for the six months ended in Jun. 2025 was 76.04.

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

SGX:564' s Days Inventory Range Over the Past 10 Years
Min: 62.33   Med: 74.35   Max: 89.75
Current: 74.23

During the past 13 years, Spindex Industries's highest Days Inventory was 89.75. The lowest was 62.33. And the median was 74.35.

SGX:564's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 120.315 vs SGX:564: 74.23

Spindex Industries's Days Inventory increased from Jun. 2024 (74.49) to Jun. 2025 (76.04). It might indicate that Spindex Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spindex Industries's Inventory Turnover for the six months ended in Jun. 2025 was 2.40.

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. Spindex Industries's Inventory-to-Revenue for the six months ended in Jun. 2025 was 0.32.


Spindex Industries  (SGX:564) 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.

Spindex Industries's Inventory Turnover for the six months ended in Jun. 2025 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.

Spindex Industries's Inventory to Revenue for the six months ended in Jun. 2025 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.


Spindex Industries Days Inventory Related Terms


Spindex Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Spindex Industries'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.

Spindex Industries Days Inventory Chart

Spindex Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.17 89.75 85.86 75.91 74.52

Spindex Industries Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 80.31 75.13 74.49 72.26 76.04

SGX:564 vs SNA, RBC, LECO: Days Inventory Comparison

For the Tools & Accessories subindustry, Spindex Industries'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.


Spindex Industries Days Inventory vs Industrial Products Industry

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

* The bar in red indicates where Spindex Industries's Days Inventory falls into.


SGX:564
68GF Score
Spindex Industries Ltd SGX:564
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindex Industries Days Inventory Calculation

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

Spindex Industries's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (29.445 + 28.792) / 2 ) / 142.629*365
=29.1185 / 142.629*365
=74.52

Spindex Industries's Days Inventory for the quarter that ended in Jun. 2025 is calculated as:

Days Inventory (Q: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (28.788 + 28.792) / 2 ) / 69.097*365 / 2
=28.79 / 69.097*365 / 2
=76.04

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 76.04 mean?
Spindex Industries (SGX:564) has a Days Inventory of 76.04 as of Jun. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spindex Industries and its competitors. This is near median its historical median of 74.35. Over the past decade, Spindex Industries' Days Inventory has ranged from 62.33 to 89.75.
Is Spindex Industries' Days Inventory too high?
Spindex Industries' current Days Inventory of 76.04 is near median its 10-year median of 74.35. Over the past 10 years, this metric has ranged from a low of 62.33 to a high of 89.75. The Industrial Products industry median Days Inventory is 120.32. Spindex Industries' value of 76.04 is 36.8% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Days Inventory compare to SNA and RBC?
Spindex Industries' Days Inventory of 76.04 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 120.32. Spindex Industries' value of 76.04 is 36.8% below this benchmark. Historically, Spindex Industries' own Days Inventory has ranged from 62.33 to 89.75 over the past decade. While the company's 10-year median is 74.35 vs. the industry median of 120.32, Spindex Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 120.32, based on 2,966 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spindex Industries's current Days Inventory of 76.04 is 36.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spindex Industries and its competitors. For the Industrial Products industry, the median Days Inventory is 120.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Days Inventory is 76.04, which is near median its own 10-year median of 74.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Days Inventory of 76.04. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Days Inventory is 76.04, which is near median its 10-year median of 74.35 and 36.8% below the Industrial Products industry median of 120.32. Spindex Industries' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Spindex Industries (SGX:564), the current Days Inventory is 76.04 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spindex Industries (SGX:564) Overvalued in 2026?

Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued. The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.

Key valuation signals for SGX:564:

  • Days Inventory: 76.04 (near median its 10-year median of 74.35)
  • GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 36.8% below the Industrial Products median

No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spindex Industries Business Description

Address 8 Boon Lay Way, No. 10-03, 8 TradeHub 21, Singapore, SGP, 609964
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.42
Price
S$0.88
GF Value