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MeGroup (SGX:SJY) Days Inventory : 31.42 (As of Mar. 2024)


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What is MeGroup Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MeGroup's Average Total Inventories for the six months ended in Mar. 2024 was S$10.5 Mil. MeGroup's Cost of Goods Sold for the six months ended in Mar. 2024 was S$60.9 Mil. Hence, MeGroup's Days Inventory for the six months ended in Mar. 2024 was 31.42.

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

SGX:SJY' s Days Inventory Range Over the Past 10 Years
Min: 19.49   Med: 22.75   Max: 29.92
Current: 29.92

During the past 9 years, MeGroup's highest Days Inventory was 29.92. The lowest was 19.49. And the median was 22.75.

SGX:SJY's Days Inventory is ranked better than
90.76% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 80.06 vs SGX:SJY: 29.92

MeGroup's Days Inventory increased from Mar. 2023 (18.79) to Mar. 2024 (31.42). It might indicate that MeGroup's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MeGroup's Inventory Turnover for the six months ended in Mar. 2024 was 5.81.

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. MeGroup's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.15.


MeGroup Days Inventory Historical Data

The historical data trend for MeGroup'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.

MeGroup Days Inventory Chart

MeGroup Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 25.49 26.89 20.14 19.84 29.44

MeGroup Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 17.11 13.44 18.79 29.17 31.42

Competitive Comparison of MeGroup's Days Inventory

For the Auto & Truck Dealerships subindustry, MeGroup'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.


MeGroup's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MeGroup's Days Inventory distribution charts can be found below:

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



MeGroup Days Inventory Calculation

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

MeGroup's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (8.053 + 10.77) / 2 ) / 116.675*365
=9.4115 / 116.675*365
=29.44

MeGroup's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (10.202 + 10.77) / 2 ) / 60.915*365 / 2
=10.486 / 60.915*365 / 2
=31.42

* 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.


MeGroup  (SGX:SJY) 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.

MeGroup's Inventory Turnover for the six months ended in Mar. 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.

MeGroup's Inventory to Revenue for the six months ended in Mar. 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.


MeGroup Days Inventory Related Terms

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


MeGroup Business Description

Traded in Other Exchanges
N/A
Address
133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535
MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The Manufacturing business segment specialises in manufacturing in both NVH and Non-NVH components for various models of automobile such as the dashboard insulators, outers, hood, headlining, undercovers and wheel arch under the NVH category and board assembly deck, trunk lid, package trays and deck boards under the non-NVH category. The Dealership business comprises several 3S and 4S automobile dealerships for the sale of new automobiles with brands such as Ford, Honda, Mazda, MG Motor, Mitsubishi Motors, Peugeot, and Proton.

MeGroup Headlines

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