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Gallant Venture (SGX:5IG) Days Inventory : 1,867.05 (As of Dec. 2023)


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What is Gallant Venture Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gallant Venture's Average Total Inventories for the six months ended in Dec. 2023 was S$608.4 Mil. Gallant Venture's Cost of Goods Sold for the six months ended in Dec. 2023 was S$59.5 Mil. Hence, Gallant Venture's Days Inventory for the six months ended in Dec. 2023 was 1,867.05.

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

SGX:5IG' s Days Inventory Range Over the Past 10 Years
Min: 192.34   Med: 1077.1   Max: 2379.21
Current: 1926.12

During the past 13 years, Gallant Venture's highest Days Inventory was 2379.21. The lowest was 192.34. And the median was 1077.10.

SGX:5IG's Days Inventory is ranked worse than
100% of 460 companies
in the Utilities - Regulated industry
Industry Median: 23.485 vs SGX:5IG: 1926.12

Gallant Venture's Days Inventory declined from Dec. 2022 (1,932.81) to Dec. 2023 (1,867.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gallant Venture's Inventory Turnover for the six months ended in Dec. 2023 was 0.10.

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. Gallant Venture's Inventory-to-Revenue for the six months ended in Dec. 2023 was 6.42.


Gallant Venture Days Inventory Historical Data

The historical data trend for Gallant Venture'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.

Gallant Venture Days Inventory Chart

Gallant Venture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,379.21 2,365.83 1,970.01 1,981.97 1,926.22

Gallant Venture 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 1,886.29 2,040.77 1,932.81 1,989.10 1,867.05

Competitive Comparison of Gallant Venture's Days Inventory

For the Utilities - Diversified subindustry, Gallant Venture'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.


Gallant Venture's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gallant Venture's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gallant Venture's Days Inventory falls into.



Gallant Venture Days Inventory Calculation

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

Gallant Venture'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
=( (606.278 + 609.216) / 2 ) / 115.162*365
=607.747 / 115.162*365
=1,926.22

Gallant Venture'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
=( (607.652 + 609.216) / 2 ) / 59.473*365 / 2
=608.434 / 59.473*365 / 2
=1,867.05

* 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.


Gallant Venture  (SGX:5IG) 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.

Gallant Venture'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.

Gallant Venture'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.


Gallant Venture Days Inventory Related Terms

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


Gallant Venture (SGX:5IG) Business Description

Traded in Other Exchanges
N/A
Address
3 HarbourFront Place, No. 16-01 HarbourFront Tower Two, Singapore, SGP, 099254
Gallant Venture Ltd is an investment holding company. The company operates in different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. The majority is from the utilities segment. Geographically, the Group operates mainly in Indonesia.

Gallant Venture (SGX:5IG) Headlines

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