Hoe Leong (SGX:H20) Days Inventory : 198.34 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Hoe Leong Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hoe Leong's Average Total Inventories for the six months ended in Dec. 2024 was S$20.35 Mil. Hoe Leong's Cost of Goods Sold for the six months ended in Dec. 2024 was S$18.73 Mil. Hence, Hoe Leong's Days Inventory for the six months ended in Dec. 2024 was 198.34.

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

SGX:H20' s Days Inventory Range Over the Past 10 Years
Min: 141.75 Med: 183.79 Max: 215.46
Current: 215.46

During the past 13 years, Hoe Leong's highest Days Inventory was 215.46. The lowest was 141.75. And the median was 183.79.

SGX:H20's Days Inventory is ranked worse than
89.74% of 156 companies
in the Industrial Distribution industry
Industry Median: 92.4 vs SGX:H20: 215.46

Hoe Leong's Days Inventory declined from Dec. 2023 (209.89) to Dec. 2024 (198.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoe Leong's Inventory Turnover for the six months ended in Dec. 2024 was 0.92.

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. Hoe Leong's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.87.

Hoe Leong Days Inventory Historical Data

The historical data trend for Hoe Leong'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.

Hoe Leong Days Inventory Chart

Hoe Leong Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

189.74

170.28

171.64

208.88

208.32

Hoe Leong Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															164.94	203.12	209.89	243.73	198.34

Competitive Comparison of Hoe Leong's Days Inventory

For the Industrial Distribution subindustry, Hoe Leong'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.

Hoe Leong's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hoe Leong's Days Inventory distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Hoe Leong Days Inventory Calculation

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

Hoe Leong's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (20.243	+	19.041)	/	2 )	/	34.415	*	365
=	19.642					/	34.415	*	365
=	208.32

Hoe Leong's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (21.662	+	19.041)	/	2 )	/	18.726	*	365 / 2
=	20.3515					/	18.726	*	365 / 2
=	198.34

Hoe Leong (SGX:H20) 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.

Hoe Leong's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.726	/	20.3515
	=	0.92

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.

Hoe Leong's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.3515	/	23.369
	=	0.87

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.

Hoe Leong Days Inventory Related Terms

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

Hoe Leong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hoe Leong Corp Ltd (SGX:H20) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Clementi Loop, Singapore, SGP, 129814

Website

https://www.hoeleong.com

Hoe Leong Corp Ltd is engaged in the designing, manufacturing, sale, and distribution of machinery parts and vessel chartering business. The operating segment of the company is Design and manufacture and Trading and distribution. The Design and manufacture segment, which is the key revenue driver for the company, is involved in the design, manufacture, and sale of equipment parts for heavy equipment and industrial machinery. Its Trading and distribution segment comprises trading and distribution of equipment parts for both heavy equipment and industrial machinery sourced from third parties.

Hoe Leong Headlines

No Headlines