Grand Venture Technology (SGX:JLB) Days Inventory : 171.27 (As of Dec. 2024)

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What is Grand Venture Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grand Venture Technology's Average Total Inventories for the six months ended in Dec. 2024 was S$65.9 Mil. Grand Venture Technology's Cost of Goods Sold for the six months ended in Dec. 2024 was S$70.2 Mil. Hence, Grand Venture Technology's Days Inventory for the six months ended in Dec. 2024 was 171.27.

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

SGX:JLB' s Days Inventory Range Over the Past 10 Years
Min: 100.29 Med: 153.69 Max: 234.71
Current: 190.31

During the past 10 years, Grand Venture Technology's highest Days Inventory was 234.71. The lowest was 100.29. And the median was 153.69.

SGX:JLB's Days Inventory is ranked worse than
72.38% of 963 companies
in the Semiconductors industry
Industry Median: 119.16 vs SGX:JLB: 190.31

Grand Venture Technology's Days Inventory declined from Dec. 2023 (228.82) to Dec. 2024 (171.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Venture Technology's Inventory Turnover for the six months ended in Dec. 2024 was 1.07.

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. Grand Venture Technology's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.72.

Grand Venture Technology Days Inventory Historical Data

The historical data trend for Grand Venture Technology'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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Grand Venture Technology Days Inventory Chart

Grand Venture Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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157.39

143.64

175.34

234.71

193.38

Grand Venture Technology Semi-Annual Data
	Dec15	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													199.93	230.85	228.82	213.21	171.27

Competitive Comparison of Grand Venture Technology's Days Inventory

For the Semiconductors subindustry, Grand Venture Technology'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.

Grand Venture Technology's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Grand Venture Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grand Venture Technology's Days Inventory falls into.

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Grand Venture Technology Days Inventory Calculation

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

Grand Venture Technology'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
=	( (56.728	+	70.951)	/	2 )	/	120.497	*	365
=	63.8395					/	120.497	*	365
=	193.38

Grand Venture Technology'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
=	( (60.803	+	70.951)	/	2 )	/	70.196	*	365 / 2
=	65.877					/	70.196	*	365 / 2
=	171.27

Grand Venture Technology (SGX:JLB) 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.

Grand Venture Technology's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70.196	/	65.877
	=	1.07

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.

Grand Venture Technology's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	65.877	/	91.206
	=	0.72

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.

Grand Venture Technology Days Inventory Related Terms

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

Grand Venture Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Grand Venture Technology Ltd (SGX:JLB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Changi North Street 1, GVT Building, Singapore, SGP, 498828

Website

https://www.gvt.com.sg

Grand Venture Technology Ltd is a manufacturing solution and service provider for the semiconductor, analytical life sciences, electronics and other industries with operations in Singapore, Penang (Malaysia) and Suzhou. The company's business segments are Life sciences, electronical, Aerospace, Medical and others and Semiconductor. The semiconductor segment generates more revenue for the firm. The Semiconductor segment involves the manufacturing of electrical components and devices such as transistors and diodes for equipment providers for semiconductor manufacturing and electronics assembly solutions.

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