GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Broadway Industrial Group Ltd (SGX:B69) » Definitions » Days Inventory

Broadway Industrial Group (SGX:B69) Days Inventory : 28.95 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Broadway Industrial Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Broadway Industrial Group's Average Total Inventories for the six months ended in Dec. 2023 was S$19.4 Mil. Broadway Industrial Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$122.3 Mil. Hence, Broadway Industrial Group's Days Inventory for the six months ended in Dec. 2023 was 28.95.

The historical rank and industry rank for Broadway Industrial Group's Days Inventory or its related term are showing as below:

SGX:B69' s Days Inventory Range Over the Past 10 Years
Min: 24.28   Med: 35.93   Max: 84.51
Current: 33.23

During the past 13 years, Broadway Industrial Group's highest Days Inventory was 84.51. The lowest was 24.28. And the median was 35.93.

SGX:B69's Days Inventory is ranked better than
91.61% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs SGX:B69: 33.23

Broadway Industrial Group's Days Inventory declined from Dec. 2022 (51.23) to Dec. 2023 (28.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Broadway Industrial Group's Inventory Turnover for the six months ended in Dec. 2023 was 6.30.

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. Broadway Industrial Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.


Broadway Industrial Group Days Inventory Historical Data

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Days Inventory Chart

Broadway Industrial Group 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 35.25 31.20 28.27 37.34 36.60

Broadway Industrial Group 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 26.27 33.54 51.23 34.15 28.95

Competitive Comparison of Broadway Industrial Group's Days Inventory

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Days Inventory falls into.



Broadway Industrial Group Days Inventory Calculation

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

Broadway Industrial Group'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
=( (28.032 + 21.035) / 2 ) / 244.651*365
=24.5335 / 244.651*365
=36.60

Broadway Industrial Group'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
=( (17.761 + 21.035) / 2 ) / 122.299*365 / 2
=19.398 / 122.299*365 / 2
=28.95

* 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.


Broadway Industrial Group  (SGX:B69) 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.

Broadway Industrial Group'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.

Broadway Industrial Group'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.


Broadway Industrial Group Days Inventory Related Terms

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


Broadway Industrial Group (SGX:B69) Business Description

Traded in Other Exchanges
N/A
Address
202 Kallang Bahru, 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is the manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the global hard disk drive (HDD) industry. HDD segment comprises the manufacturing and distribution of actuator arms and related assembly for the hard disk industry. The robotics segment comprises the provision of technical services, technology transfer, technology development, technology promotion, technical consultation and sales of robots, software and accessory devices for the robotics, manufacturing, and services industries. Other segment comprises the investment holding.

Broadway Industrial Group (SGX:B69) Headlines

No Headlines