Heatec Jietong Holdings (SGX:5OR) Days Inventory : 9.76 (As of Dec. 2024)

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What is Heatec Jietong Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Heatec Jietong Holdings's Average Total Inventories for the three months ended in Dec. 2024 was S$0.34 Mil. Heatec Jietong Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was S$3.21 Mil. Hence, Heatec Jietong Holdings's Days Inventory for the three months ended in Dec. 2024 was 9.76.

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

SGX:5OR' s Days Inventory Range Over the Past 10 Years
Min: 7.77 Med: 11.44 Max: 15.18
Current: 9.65

During the past 13 years, Heatec Jietong Holdings's highest Days Inventory was 15.18. The lowest was 7.77. And the median was 11.44.

SGX:5OR's Days Inventory is ranked better than
79.01% of 705 companies
in the Oil & Gas industry
Industry Median: 31.9 vs SGX:5OR: 9.65

Heatec Jietong Holdings's Days Inventory increased from Sep. 2023 (5.74) to Dec. 2024 (9.76). It might indicate that Heatec Jietong Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heatec Jietong Holdings's Inventory Turnover for the three months ended in Dec. 2024 was 9.35.

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. Heatec Jietong Holdings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.06.

Heatec Jietong Holdings Days Inventory Historical Data

The historical data trend for Heatec Jietong 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.

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Heatec Jietong Holdings Days Inventory Chart

Heatec Jietong Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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9.97

9.22

8.99

7.77

10.03

Heatec Jietong Holdings Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															5.74	7.01	4.74	9.49	9.76

Competitive Comparison of Heatec Jietong Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Heatec Jietong 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.

Heatec Jietong Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Heatec Jietong Holdings's Days Inventory distribution charts can be found below:

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

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Heatec Jietong Holdings Days Inventory Calculation

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

Heatec Jietong Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.362	+	0.348)	/	2 )	/	12.921	*	365
=	0.355					/	12.921	*	365
=	10.03

Heatec Jietong Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.338	+	0.348)	/	2 )	/	3.207	*	365 / 4
=	0.343					/	3.207	*	365 / 4
=	9.76

Heatec Jietong Holdings (SGX:5OR) 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.

Heatec Jietong Holdings's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.207	/	0.343
	=	9.35

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.

Heatec Jietong Holdings's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.343	/	5.547
	=	0.06

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.

Heatec Jietong Holdings Days Inventory Related Terms

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

Heatec Jietong Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Heatec Jietong Holdings Ltd (SGX:5OR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Tuas South Street 15, Singapore, SGP, 637076

Website

http://www.heatecholdings.com

Heatec Jietong Holdings Ltd is engaged in offering piping and heat exchanger services for the marine and oil and gas industries. The company's segments include Piping, Heat Exchangers, Trading and Chemical cleaning. The Piping segment is engaged in the fabrication and installation of various types of piping. The Heat Exchanger segment, which derives the majority of revenue, engages in servicing and fabrication of heat exchangers. The Chemical cleaning segment is engaged in the provision of chemical cleaning services to ships and marine vessels. The Group's operations are carried out in Singapore.

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