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Yangzijiang Shipbuilding (Holdings) (SGX:BS6) Days Inventory : 29.37 (As of Dec. 2022)


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What is Yangzijiang Shipbuilding (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yangzijiang Shipbuilding (Holdings)'s Average Total Inventories for the six months ended in Dec. 2022 was S$287 Mil. Yangzijiang Shipbuilding (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2022 was S$1,782 Mil. Hence, Yangzijiang Shipbuilding (Holdings)'s Days Inventory for the six months ended in Dec. 2022 was 29.37.

The historical rank and industry rank for Yangzijiang Shipbuilding (Holdings)'s Days Inventory or its related term are showing as below:

SGX:BS6' s Days Inventory Range Over the Past 10 Years
Min: 21.38   Med: 52.24   Max: 121.89
Current: 21.38

During the past 13 years, Yangzijiang Shipbuilding (Holdings)'s highest Days Inventory was 121.89. The lowest was 21.38. And the median was 52.24.

SGX:BS6's Days Inventory is ranked better than
92.39% of 289 companies
in the Aerospace & Defense industry
Industry Median: 142.68 vs SGX:BS6: 21.38

Yangzijiang Shipbuilding (Holdings)'s Days Inventory declined from Dec. 2021 (39.13) to Dec. 2022 (29.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yangzijiang Shipbuilding (Holdings)'s Inventory Turnover for the six months ended in Dec. 2022 was 6.21.

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. Yangzijiang Shipbuilding (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.13.


Yangzijiang Shipbuilding (Holdings) Days Inventory Historical Data

The historical data trend for Yangzijiang Shipbuilding (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.

* Premium members only.

Yangzijiang Shipbuilding (Holdings) Days Inventory Chart

Yangzijiang Shipbuilding (Holdings) 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 40.54 54.90 45.26 31.70 21.45

Yangzijiang Shipbuilding (Holdings) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 66.99 39.13 36.39 29.37 -

Competitive Comparison of Yangzijiang Shipbuilding (Holdings)'s Days Inventory

For the Aerospace & Defense subindustry, Yangzijiang Shipbuilding (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.


Yangzijiang Shipbuilding (Holdings)'s Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Yangzijiang Shipbuilding (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Yangzijiang Shipbuilding (Holdings)'s Days Inventory falls into.



Yangzijiang Shipbuilding (Holdings) Days Inventory Calculation

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

Yangzijiang Shipbuilding (Holdings)'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
=( (238.711 + 171.422) / 2 ) / 3489.123*365
=205.0665 / 3489.123*365
=21.45

Yangzijiang Shipbuilding (Holdings)'s Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (334.82 + 238.711) / 2 ) / 1782.064*365 / 2
=286.7655 / 1782.064*365 / 2
=29.37

* 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.


Yangzijiang Shipbuilding (Holdings)  (SGX:BS6) 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.

Yangzijiang Shipbuilding (Holdings)'s Inventory Turnover for the six months ended in Dec. 2022 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.

Yangzijiang Shipbuilding (Holdings)'s Inventory to Revenue for the six months ended in Dec. 2022 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.


Yangzijiang Shipbuilding (Holdings) Days Inventory Related Terms

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


Yangzijiang Shipbuilding (Holdings) (SGX:BS6) Business Description

Traded in Other Exchanges
Address
No. 1 Lianyi Road, Jiangyin-Jingjiang Industry Zone, Jiangsu Province, Jingjiang, CHN, 214532
Yangzijiang Shipbuilding (Holdings) Ltd is a large conglomerate, with shipbuilding and offshore engineering as its core focus. Its reportable segments comprise Shipbuilding, Shipping and others. The majority of revenue gets derived from the Shipbuilding segment that of shipbuilding and offshore marine equipment construction. The principal activities of the shipping segment consist of charter hire income earned by vessel owning companies. Geographically, it generates revenue from China.

Yangzijiang Shipbuilding (Holdings) (SGX:BS6) Headlines

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