The Hour Glass (SGX:AGS) Days Inventory: 128.06 (As of Mar. 2026) — 24% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AGS The Hour Glass Ltd SGX:AGS
89 GF Score
Price S$2.73
GF Value S$2.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Hour Glass Days Inventory?

The Hour Glass SGX:AGS -1.09% 89 Days Inventory is 128.06 as of Mar. 2026, which is 24% below its 10-year median of 167.69. GuruFocus rates SGX:AGS with a GF Score™ of 89/100 and a GF Value™ of S$2.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,093 Retail - Cyclical companies, The Hour Glass ranks worse than 62.85% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). The Hour Glass's Average Total Inventories for the six months ended in Mar. 2026 was S$355 Mil. The Hour Glass's Cost of Goods Sold for the six months ended in Mar. 2026 was S$506 Mil. Hence, The Hour Glass's Days Inventory for the six months ended in Mar. 2026 was 128.06.

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

SGX:AGS' s Days Inventory Range Over the Past 10 Years
Min: 131.62   Med: 167.69   Max: 212.81
Current: 135.55

During the past 13 years, The Hour Glass's highest Days Inventory was 212.81. The lowest was 131.62. And the median was 167.69.

SGX:AGS's Days Inventory is ranked worse than
62.85% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 103.15 vs SGX:AGS: 135.55

The Hour Glass's Days Inventory declined from Mar. 2025 (141.12) to Mar. 2026 (128.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Hour Glass's Inventory Turnover for the six months ended in Mar. 2026 was 1.43.

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. The Hour Glass's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.49.


The Hour Glass  (SGX:AGS) 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.

The Hour Glass'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.

The Hour Glass'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.


The Hour Glass Days Inventory Related Terms


The Hour Glass Days Inventory Historical Data

* Premium members only.

The historical data trend for The Hour Glass'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.

The Hour Glass Days Inventory Chart

The Hour Glass 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 134.65 131.62 142.29 145.97 135.29

The Hour Glass 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 147.50 157.95 141.12 144.73 128.06

SGX:AGS vs TPR: Days Inventory Comparison

For the Luxury Goods subindustry, The Hour Glass'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.


The Hour Glass Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Hour Glass's Days Inventory falls into.


SGX:AGS
89GF Score
The Hour Glass Ltd SGX:AGS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hour Glass Days Inventory Calculation

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

The Hour Glass'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
=( (328.305 + 362.189) / 2 ) / 931.461*365
=345.247 / 931.461*365
=135.29

The Hour Glass'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
=( (347.246 + 362.189) / 2 ) / 505.528*365 / 2
=354.7175 / 505.528*365 / 2
=128.06

* 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 128.06 mean?
The Hour Glass (SGX:AGS) has a Days Inventory of 128.06 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Hour Glass and its competitors. This is 24% below median its historical median of 167.69. Over the past decade, The Hour Glass' Days Inventory has ranged from 131.62 to 212.81. According to the industry distribution chart, The Hour Glass ranks #687 out of 1093 companies in the Retail - Cyclical industry, placing it in the top 62.9%.
Is The Hour Glass' Days Inventory too high?
The Hour Glass' current Days Inventory of 128.06 is 24% below median its 10-year median of 167.69. Over the past 10 years, this metric has ranged from a low of 131.62 to a high of 212.81. The Retail - Cyclical industry median Days Inventory is 103.15. The Hour Glass' value of 128.06 is 24.1% above this industry median. Based on the distribution chart, The Hour Glass ranks #687 out of 1093 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, The Hour Glass has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Hour Glass' Days Inventory compare to TPR?
According to the Retail - Cyclical industry distribution chart, The Hour Glass ranks #687 out of 1093 companies for Days Inventory. This places The Hour Glass in the lower half of its industry. The industry median Days Inventory is 103.15. The Hour Glass' value of 128.06 is 24.1% above this benchmark. Historically, The Hour Glass' own Days Inventory has ranged from 131.62 to 212.81 over the past decade. While the company's 10-year median is 167.69 vs. the industry median of 103.15, The Hour Glass 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 103.15, based on 1,093 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. The Hour Glass's current Days Inventory of 128.06 is 24.1% 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 The Hour Glass and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 103.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hour Glass's current Days Inventory is 128.06, which is 24% below median its own 10-year median of 167.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hour Glass stock overvalued right now?
Based on GuruFocus' analysis, The Hour Glass (SGX:AGS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.07, compared to a current price of S$2.73 — trading 31.9% above its estimated fair value. The current Days Inventory is 128.06, which is 24% below median its 10-year median of 167.69 and 24.1% above the Retail - Cyclical industry median of 103.15. The Hour Glass' overall GF Score™ is 89/100 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 The Hour Glass (SGX:AGS), the current Days Inventory is 128.06 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 The Hour Glass (SGX:AGS) Overvalued in 2026?

Based on GuruFocus' analysis, The Hour Glass stock appears to be overvalued. The current stock price of S$2.73 is trading 31.9% above its estimated GF Value™ of S$2.07. GuruFocus considers The Hour Glass to be Significantly Overvalued.

Key valuation signals for SGX:AGS:

  • Days Inventory: 128.06 (24% below median its 10-year median of 167.69)
  • GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 24.1% above the Retail - Cyclical median (#687 of 1093)

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


The Hour Glass Business Description

Address 302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862
The Hour Glass Ltd is a Singapore-based investment holding company. Along with its subsidiaries, the company is engaged in retailing and distribution of watches, jewellery, and other luxury products, investment in properties, and investment holding. It retails watches, jewellery, and other luxury products of brands such as Rolex, Patek Philippe, Akrivia, Daniel Roth, Hublot, Biver, Omega, Bvlgari, Cartier, and others through boutique stores across Singapore, Malaysia, Thailand, Vietnam, Hong Kong, Japan, Australia, and New Zealand. Geographically, the group generates maximum revenue from Southeast Asia and Oceania, followed by Northeast Asia.
89GF Score

Get the complete analysis for SGX:AGS

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

S$2.73
Price
S$2.07
GF Value