New Toyo International Holdings (SGX:N08) Days Inventory : 45.84 (As of Dec. 2023)

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What is New Toyo International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Toyo International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$37.0 Mil. New Toyo International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$147.2 Mil. Hence, New Toyo International Holdings's Days Inventory for the six months ended in Dec. 2023 was 45.84.

The historical rank and industry rank for New Toyo International Holdings's Days Inventory or its related term are showing as below:

SGX:N08' s Days Inventory Range Over the Past 10 Years
Min: 51.64 Med: 72.43 Max: 83.78
Current: 51.64

During the past 13 years, New Toyo International Holdings's highest Days Inventory was 83.78. The lowest was 51.64. And the median was 72.43.

SGX:N08's Days Inventory is ranked better than
78.26% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.505 vs SGX:N08: 51.64

New Toyo International Holdings's Days Inventory declined from Dec. 2022 (62.33) to Dec. 2023 (45.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. New Toyo International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 3.98.

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. New Toyo International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.

New Toyo International Holdings Days Inventory Historical Data

The historical data trend for New Toyo International 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.

New Toyo International Holdings Days Inventory Chart

New Toyo International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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76.07

71.80

68.56

59.92

52.71

New Toyo International Holdings 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															68.41	72.37	62.33	57.33	45.84

Competitive Comparison of New Toyo International Holdings's Days Inventory

For the Packaging & Containers subindustry, New Toyo International 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.

New Toyo International Holdings's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, New Toyo International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Toyo International Holdings's Days Inventory falls into.

New Toyo International Holdings Days Inventory Calculation

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

New Toyo International 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
=	( (41.291	+	37.128)	/	2 )	/	271.507	*	365
=	39.2095					/	271.507	*	365
=	52.71

New Toyo International Holdings'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
=	( (36.813	+	37.128)	/	2 )	/	147.183	*	365 / 2
=	36.9705					/	147.183	*	365 / 2
=	45.84

New Toyo International Holdings (SGX:N08) 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.

New Toyo International Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	147.183	/	36.9705
	=	3.98

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.

New Toyo International Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.9705	/	164.951
	=	0.22

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.

New Toyo International Holdings Days Inventory Related Terms

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

New Toyo International Holdings (SGX:N08) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » New Toyo International Holdings Ltd (SGX:N08) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Soon Lee Road, Singapore, SGP, 628079

Website

http://www.newtoyo.com

New Toyo International Holdings Ltd along with its subsidiaries is engaged in printing and sale of paper packaging materials. Its operating segments include Specialty papers which manufacture and sell laminated aluminum paper products and other packaging products. Printed cartons and labels segment includes printing and sale of paper packaging materials. The trading segment includes the sale of raw materials, paper products, and equipment. Tissue paper segment manufactures and sells paper products. Investment holding segment includes Investing activities, including investment in properties. It generates the majority of the revenue from Specialty papers segment.

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