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Qian Hu (SGX:BCV) Days Inventory : 100.80 (As of Dec. 2023)


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What is Qian Hu Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Qian Hu's Average Total Inventories for the six months ended in Dec. 2023 was S$13.36 Mil. Qian Hu's Cost of Goods Sold for the six months ended in Dec. 2023 was S$24.19 Mil. Hence, Qian Hu's Days Inventory for the six months ended in Dec. 2023 was 100.80.

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

SGX:BCV' s Days Inventory Range Over the Past 10 Years
Min: 92.49   Med: 106.83   Max: 130.26
Current: 109.74

During the past 13 years, Qian Hu's highest Days Inventory was 130.26. The lowest was 92.49. And the median was 106.83.

SGX:BCV's Days Inventory is ranked worse than
71.83% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SGX:BCV: 109.74

Qian Hu's Days Inventory declined from Dec. 2022 (114.92) to Dec. 2023 (100.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Qian Hu's Inventory Turnover for the six months ended in Dec. 2023 was 1.81.

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. Qian Hu's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.37.


Qian Hu Days Inventory Historical Data

The historical data trend for Qian Hu'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.

Qian Hu Days Inventory Chart

Qian Hu 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 117.39 130.26 114.80 113.49 108.06

Qian Hu 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 115.76 114.50 114.92 121.05 100.80

Competitive Comparison of Qian Hu's Days Inventory

For the Leisure subindustry, Qian Hu'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.


Qian Hu's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Qian Hu's Days Inventory distribution charts can be found below:

* The bar in red indicates where Qian Hu's Days Inventory falls into.



Qian Hu Days Inventory Calculation

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

Qian Hu'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
=( (15.441 + 12.24) / 2 ) / 46.748*365
=13.8405 / 46.748*365
=108.06

Qian Hu'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
=( (14.483 + 12.24) / 2 ) / 24.191*365 / 2
=13.3615 / 24.191*365 / 2
=100.80

* 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.


Qian Hu  (SGX:BCV) 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.

Qian Hu'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.

Qian Hu'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.


Qian Hu Days Inventory Related Terms

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


Qian Hu (SGX:BCV) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 Jalan Lekar, Sungei Tengah, Singapore, SGP, 698950
Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its operating segments are Fish, Accessories, Plastics, and others. The company generates maximum revenue from the Accessories segment. Its Accessories segment includes the manufacturing and distribution of aquarium and pet accessories. The Fish segment includes fish farming, breeding, distribution, and trading of ornamental and edible fish/seafood. Its Plastics segment includes the manufacturing and distribution of plastic bags.

Qian Hu (SGX:BCV) Headlines