Old Chang Kee (SGX:5ML) Days Inventory: 16.59 (As of Mar. 2026) — 19% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SGX:5ML Old Chang Kee Ltd SGX:5ML
44 GF Score
Price S$1.18
GF Value S$0.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Old Chang Kee Days Inventory?

Old Chang Kee SGX:5ML 44 Days Inventory is 16.59 as of Mar. 2026, which is 19% above its 10-year median of 13.93. GuruFocus rates SGX:5ML with a GF Score™ of 44/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 344 Restaurants companies, Old Chang Kee ranks better than 52.03% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Old Chang Kee's Average Total Inventories for the six months ended in Mar. 2026 was S$1.4 Mil. Old Chang Kee's Cost of Goods Sold for the six months ended in Mar. 2026 was S$15.9 Mil. Hence, Old Chang Kee's Days Inventory for the six months ended in Mar. 2026 was 16.59.

The historical rank and industry rank for Old Chang Kee's Days Inventory or its related term are showing as below:

SGX:5ML' s Days Inventory Range Over the Past 10 Years
Min: 9.03   Med: 13.93   Max: 16.43
Current: 14.96

During the past 13 years, Old Chang Kee's highest Days Inventory was 16.43. The lowest was 9.03. And the median was 13.93.

SGX:5ML's Days Inventory is ranked better than
52.03% of 344 companies
in the Restaurants industry
Industry Median: 15.53 vs SGX:5ML: 14.96

Old Chang Kee's Days Inventory increased from Mar. 2025 (12.65) to Mar. 2026 (16.59). It might indicate that Old Chang Kee's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Old Chang Kee's Inventory Turnover for the six months ended in Mar. 2026 was 11.00.

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. Old Chang Kee's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.03.


Old Chang Kee  (SGX:5ML) 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.

Old Chang Kee's Inventory Turnover for the six months ended in Mar. 2026 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.

Old Chang Kee's Inventory to Revenue for the six months ended in Mar. 2026 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.


Old Chang Kee Days Inventory Related Terms


Old Chang Kee Days Inventory Historical Data

* Premium members only.

The historical data trend for Old Chang Kee'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.

Old Chang Kee Days Inventory Chart

Old Chang Kee Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 12.62 14.65 15.43 14.27

Old Chang Kee Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 16.13 15.88 12.65 14.04 16.59

SGX:5ML vs MCD, SBUX, YUM: Days Inventory Comparison

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee Days Inventory vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Days Inventory distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Days Inventory falls into.


SGX:5ML
44GF Score
Old Chang Kee Ltd SGX:5ML
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Chang Kee Days Inventory Calculation

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

Old Chang Kee's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1.028 + 1.465) / 2 ) / 31.888*365
=1.2465 / 31.888*365
=14.27

Old Chang Kee's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1.429 + 1.465) / 2 ) / 15.92*365 / 2
=1.447 / 15.92*365 / 2
=16.59

* 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 16.59 mean?
Old Chang Kee (SGX:5ML) has a Days Inventory of 16.59 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Old Chang Kee and its competitors. This is 19% above median its historical median of 13.93. Over the past decade, Old Chang Kee's Days Inventory has ranged from 9.03 to 16.43. According to the industry distribution chart, Old Chang Kee ranks #165 out of 344 companies in the Restaurants industry, placing it in the top 48%.
Is Old Chang Kee's Days Inventory too high?
Old Chang Kee's current Days Inventory of 16.59 is 19% above median its 10-year median of 13.93. Over the past 10 years, this metric has ranged from a low of 9.03 to a high of 16.43. The Restaurants industry median Days Inventory is 15.53. Old Chang Kee's value of 16.59 is 6.8% above this industry median. Based on the distribution chart, Old Chang Kee ranks #165 out of 344 companies in the Restaurants industry, which is above the industry midpoint. Overall, Old Chang Kee has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Days Inventory compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #165 out of 344 companies for Days Inventory. This puts Old Chang Kee in the upper half of its industry. The industry median Days Inventory is 15.53. Old Chang Kee's value of 16.59 is 6.8% above this benchmark. Historically, Old Chang Kee's own Days Inventory has ranged from 9.03 to 16.43 over the past decade. While the company's 10-year median is 13.93 vs. the industry median of 15.53, Old Chang Kee has consistently been above 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 Restaurants company?
The median Days Inventory among Restaurants companies is 15.53, based on 344 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. Old Chang Kee's current Days Inventory of 16.59 is 6.8% above 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 Old Chang Kee and its competitors. For the Restaurants industry, the median Days Inventory is 15.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current Days Inventory is 16.59, which is 19% above median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.18 — trading 47.5% above its estimated fair value. The current Days Inventory is 16.59, which is 19% above median its 10-year median of 13.93 and 6.8% above the Restaurants industry median of 15.53. Old Chang Kee's overall GF Score™ is 44/100 with 5 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 Old Chang Kee (SGX:5ML), the current Days Inventory is 16.59 as of Mar. 2026. 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?

Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued. The current stock price of S$1.18 is trading 47.5% above its estimated GF Value™ of S$0.80. GuruFocus considers Old Chang Kee to be Significantly Overvalued.

Key valuation signals for SGX:5ML:

  • Days Inventory: 16.59 (19% above median its 10-year median of 13.93)
  • GF Value™: S$0.80 vs. price of S$1.18 (47.5% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 6.8% above the Restaurants median (#165 of 344)

No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Chang Kee Business Description

Address 2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
44GF Score

Get the complete analysis for SGX:5ML

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

S$1.18
Price
S$0.80
GF Value