Marco Polo Marine (SGX:5LY) Days Inventory : 41.50 (As of Mar. 2024)

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What is Marco Polo Marine Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marco Polo Marine's Average Total Inventories for the six months ended in Mar. 2024 was S$8.9 Mil. Marco Polo Marine's Cost of Goods Sold for the six months ended in Mar. 2024 was S$39.4 Mil. Hence, Marco Polo Marine's Days Inventory for the six months ended in Mar. 2024 was 41.50.

The historical rank and industry rank for Marco Polo Marine's Days Inventory or its related term are showing as below:

SGX:5LY' s Days Inventory Range Over the Past 10 Years
Min: 8.97 Med: 41.15 Max: 182.68
Current: 35.69

During the past 13 years, Marco Polo Marine's highest Days Inventory was 182.68. The lowest was 8.97. And the median was 41.15.

SGX:5LY's Days Inventory is ranked worse than
81.18% of 781 companies
in the Transportation industry
Industry Median: 11.42 vs SGX:5LY: 35.69

Marco Polo Marine's Days Inventory increased from Mar. 2023 (18.91) to Mar. 2024 (41.50). It might indicate that Marco Polo Marine's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marco Polo Marine's Inventory Turnover for the six months ended in Mar. 2024 was 4.40.

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. Marco Polo Marine's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.15.

Marco Polo Marine Days Inventory Historical Data

The historical data trend for Marco Polo Marine'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.

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Marco Polo Marine Days Inventory Chart

Marco Polo Marine Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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20.46

15.36

11.52

8.97

22.42

Marco Polo Marine Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial															11.90	6.81	18.91	31.02	41.50

Competitive Comparison of Marco Polo Marine's Days Inventory

For the Marine Shipping subindustry, Marco Polo Marine'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.

Marco Polo Marine's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marco Polo Marine's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marco Polo Marine's Days Inventory falls into.

Marco Polo Marine Days Inventory Calculation

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

Marco Polo Marine's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.631	+	8.366)	/	2 )	/	81.385	*	365
=	4.9985					/	81.385	*	365
=	22.42

Marco Polo Marine's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (8.366	+	9.532)	/	2 )	/	39.35	*	365 / 2
=	8.949					/	39.35	*	365 / 2
=	41.50

Marco Polo Marine (SGX:5LY) 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.

Marco Polo Marine's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.35	/	8.949
	=	4.40

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.

Marco Polo Marine's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.949	/	61.571
	=	0.15

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.

Marco Polo Marine Days Inventory Related Terms

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

Marco Polo Marine (SGX:5LY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marco Polo Marine Ltd (SGX:5LY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MRPMF:USA

Address

66 Kallang Pudding Road, No.05-01 Hor Kew Business Centre, Singapore, SGP, 349324

Website

https://www.marcopolomarine.com.sg

Marco Polo Marine Ltd is a Singapore-based integrated marine logistics company. It is principally engaged in the shipping and shipyard businesses. The company's business segments include Ship chartering services, which relate to charter hire activities; and Shipbuilding & repair services, which relates to sales of goods, shipbuilding and ship repair activities. It generates maximum revenue from Ship chartering services segment. The company operates internationally and generates the majority of its revenue from its activities in Singapore.

Marco Polo Marine (SGX:5LY) Headlines

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