Progen Holdings (SGX:583) Days Inventory: 23.41 (As of Dec. 2025) — Near Median

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What is Progen Holdings Days Inventory?

Progen Holdings SGX:583 +4.00% Days Inventory is 23.41 as of Dec. 2025, which is 4% below its 10-year median of 24.50. The stock has 2 warning signs investors should review. Among 1,489 Construction companies, Progen Holdings ranks better than 63.53% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Progen Holdings's Average Total Inventories for the six months ended in Dec. 2025 was S$0.14 Mil. Progen Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was S$1.07 Mil. Hence, Progen Holdings's Days Inventory for the six months ended in Dec. 2025 was 23.41.

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

SGX:583' s Days Inventory Range Over the Past 10 Years
Min: 10.54   Med: 24.5   Max: 61.71
Current: 22.84

During the past 13 years, Progen Holdings's highest Days Inventory was 61.71. The lowest was 10.54. And the median was 24.50.

SGX:583's Days Inventory is ranked better than
63.53% of 1489 companies
in the Construction industry
Industry Median: 49.78 vs SGX:583: 22.84

Progen Holdings's Days Inventory increased from Dec. 2024 (11.27) to Dec. 2025 (23.41). It might indicate that Progen Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Progen Holdings's Inventory Turnover for the six months ended in Dec. 2025 was 7.80.

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. Progen Holdings's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.05.


Progen Holdings  (SGX:583) 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.

Progen Holdings's Inventory Turnover for the six months ended in Dec. 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.

Progen Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Progen Holdings Days Inventory Related Terms


Progen Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Progen 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.

Progen Holdings Days Inventory Chart

Progen Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.14 22.34 26.31 17.33 22.68

Progen Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.04 32.25 11.27 22.46 23.41

SGX:583 vs TT, JCI, CARR: Days Inventory Comparison

For the Building Products & Equipment subindustry, Progen 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.


Progen Holdings Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Progen Holdings's Days Inventory distribution charts can be found below:

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



Progen Holdings Days Inventory Calculation

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

Progen Holdings's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.134 + 0.136) / 2 ) / 2.173*365
=0.135 / 2.173*365
=22.68

Progen Holdings's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.138 + 0.136) / 2 ) / 1.068*365 / 2
=0.137 / 1.068*365 / 2
=23.41

* 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 23.41 mean?
Progen Holdings (SGX:583) has a Days Inventory of 23.41 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Progen Holdings and its competitors. This is near median its historical median of 24.50. Over the past decade, Progen Holdings' Days Inventory has ranged from 10.54 to 61.71. According to the industry distribution chart, Progen Holdings ranks #543 out of 1489 companies in the Construction industry, placing it in the top 36.5%.
Is Progen Holdings' Days Inventory too high?
Progen Holdings' current Days Inventory of 23.41 is near median its 10-year median of 24.50. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 61.71. The Construction industry median Days Inventory is 49.78. Progen Holdings' value of 23.41 is 53% below this industry median. Based on the distribution chart, Progen Holdings ranks #543 out of 1489 companies in the Construction industry, which is above the industry midpoint.
How does Progen Holdings' Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #543 out of 1489 companies for Days Inventory. This puts Progen Holdings in the upper half of its industry. The industry median Days Inventory is 49.78. Progen Holdings' value of 23.41 is 53% below this benchmark. Historically, Progen Holdings' own Days Inventory has ranged from 10.54 to 61.71 over the past decade. While the company's 10-year median is 24.50 vs. the industry median of 49.78, Progen Holdings 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 a Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,489 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. Progen Holdings's current Days Inventory of 23.41 is 53% 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 Progen Holdings and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current Days Inventory is 23.41, which is near median its own 10-year median of 24.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progen Holdings (SGX:583) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 35% below its estimated fair value. The current Days Inventory is 23.41, which is near median its 10-year median of 24.50 and 53% below the Construction industry median of 49.78. 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 Progen Holdings (SGX:583), the current Days Inventory is 23.41 as of Dec. 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.

Progen Holdings Business Description

Address 28 Riverside Road, No. 04-01 Progen Building, Singapore, SGP, 739085
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.