TrickleStar (SGX:CYW) Days Inventory : 132.08 (As of Dec. 2023)

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What is TrickleStar Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TrickleStar's Average Total Inventories for the six months ended in Dec. 2023 was S$4.17 Mil. TrickleStar's Cost of Goods Sold for the six months ended in Dec. 2023 was S$5.76 Mil. Hence, TrickleStar's Days Inventory for the six months ended in Dec. 2023 was 132.08.

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

SGX:CYW' s Days Inventory Range Over the Past 10 Years
Min: 109.36 Med: 175.05 Max: 242.51
Current: 147.49

During the past 8 years, TrickleStar's highest Days Inventory was 242.51. The lowest was 109.36. And the median was 175.05.

SGX:CYW's Days Inventory is ranked worse than
67.37% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs SGX:CYW: 147.49

TrickleStar's Days Inventory increased from Dec. 2022 (104.44) to Dec. 2023 (132.08). It might indicate that TrickleStar's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TrickleStar's Inventory Turnover for the six months ended in Dec. 2023 was 1.38.

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. TrickleStar's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.59.

TrickleStar Days Inventory Historical Data

The historical data trend for TrickleStar'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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TrickleStar Days Inventory Chart

TrickleStar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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193.34

166.82

138.81

109.36

154.83

TrickleStar Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									107.69	117.06	104.44	158.67	132.08

Competitive Comparison of TrickleStar's Days Inventory

For the Electronic Components subindustry, TrickleStar'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.

TrickleStar's Days Inventory Distribution in the Hardware Industry

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

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

TrickleStar Days Inventory Calculation

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

TrickleStar'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
=	( (4.476	+	4.448)	/	2 )	/	10.519	*	365
=	4.462					/	10.519	*	365
=	154.83

TrickleStar'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
=	( (3.888	+	4.448)	/	2 )	/	5.759	*	365 / 2
=	4.168					/	5.759	*	365 / 2
=	132.08

TrickleStar (SGX:CYW) 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.

TrickleStar's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.759	/	4.168
	=	1.38

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.

TrickleStar's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.168	/	7.047
	=	0.59

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.

TrickleStar Days Inventory Related Terms

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

TrickleStar (SGX:CYW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TrickleStar Ltd (SGX:CYW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dutamas 1, C3-U6-15 Solaris Dutamas, Kuala Lumpur, MYS, 50480

Website

https://www.tricklestar.com

TrickleStar Ltd is engaged in design and supply energy-saving products to help consumers reduce energy consumption in their homes and workplaces. Its product portfolio includes Tier 1 Advanced PowerStrips, Portable Power Station, Surge Protectors, Tier 2 Advanced PowerStrips, DryerSaver, Wi-Fi Electric Water, Heater Controller, Energy Monitor USB Motion Sensor, GSA Approved PowerStrips, Advanced Keyboard and PowerSwitch.

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