GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SBS Transit Ltd (SGX:S61) » Definitions » Days Inventory

SBS Transit (SGX:S61) Days Inventory : 32.67 (As of Jun. 2024)


View and export this data going back to 1997. Start your Free Trial

What is SBS Transit Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SBS Transit's Average Total Inventories for the six months ended in Jun. 2024 was S$124 Mil. SBS Transit's Cost of Goods Sold for the six months ended in Jun. 2024 was S$692 Mil. Hence, SBS Transit's Days Inventory for the six months ended in Jun. 2024 was 32.67.

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

SGX:S61' s Days Inventory Range Over the Past 10 Years
Min: 18.42   Med: 28.73   Max: 42.39
Current: 31.72

During the past 13 years, SBS Transit's highest Days Inventory was 42.39. The lowest was 18.42. And the median was 28.73.

SGX:S61's Days Inventory is ranked worse than
77.57% of 767 companies
in the Transportation industry
Industry Median: 11.97 vs SGX:S61: 31.72

SBS Transit's Days Inventory increased from Jun. 2023 (29.66) to Jun. 2024 (32.67). It might indicate that SBS Transit's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SBS Transit's Inventory Turnover for the six months ended in Jun. 2024 was 5.59.

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. SBS Transit's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.16.


SBS Transit Days Inventory Historical Data

The historical data trend for SBS Transit'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.

SBS Transit Days Inventory Chart

SBS Transit 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 36.45 42.39 34.44 27.55 29.91

SBS Transit Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 29.38 27.44 29.66 30.71 32.67

Competitive Comparison of SBS Transit's Days Inventory

For the Railroads subindustry, SBS Transit'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.


SBS Transit's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SBS Transit's Days Inventory distribution charts can be found below:

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



SBS Transit Days Inventory Calculation

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

SBS Transit'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
=( (102.649 + 119.876) / 2 ) / 1357.947*365
=111.2625 / 1357.947*365
=29.91

SBS Transit's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (119.876 + 127.884) / 2 ) / 692.053*365 / 2
=123.88 / 692.053*365 / 2
=32.67

* 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.


SBS Transit  (SGX:S61) 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.

SBS Transit's Inventory Turnover for the six months ended in Jun. 2024 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.

SBS Transit's Inventory to Revenue for the six months ended in Jun. 2024 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.


SBS Transit Days Inventory Related Terms

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


SBS Transit Business Description

Traded in Other Exchanges
N/A
Address
205 Braddell Road, Singapore, SGP, 579701
SBS Transit Ltd is a scheduled bus service operator in Singapore. The company operates through two segments comprising Public Transport Services and Other Commercial Services. The Public Transport Services include income generated from the provision of bus and rail services to commuters traveling on public transport systems. The Other Commercial Services include income generated from advertisements on buses and trains and rental collection from commercial and shop space at bus interchanges and rail stations. The firm generates its revenue from the Public Transport Service segment.

SBS Transit Headlines

No Headlines