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Metech International (SGX:V3M) Days Inventory : 831.68 (As of Dec. 2023)


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What is Metech International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metech International's Average Total Inventories for the six months ended in Dec. 2023 was S$0.16 Mil. Metech International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$0.04 Mil. Hence, Metech International's Days Inventory for the six months ended in Dec. 2023 was 831.68.

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

SGX:V3M' s Days Inventory Range Over the Past 10 Years
Min: 0.18   Med: 16.81   Max: 1663.36
Current: 1663.36

During the past 13 years, Metech International's highest Days Inventory was 1663.36. The lowest was 0.18. And the median was 16.81.

SGX:V3M's Days Inventory is ranked worse than
98.97% of 678 companies
in the Business Services industry
Industry Median: 29.685 vs SGX:V3M: 1663.36

Metech International's Days Inventory increased from Jun. 2022 (74.64) to Dec. 2023 (831.68). It might indicate that Metech International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metech International's Inventory Turnover for the six months ended in Dec. 2023 was 0.22.

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. Metech International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 6.13.


Metech International Days Inventory Historical Data

The historical data trend for Metech International'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.

Metech International Days Inventory Chart

Metech International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.54 6.79 0.18 - 34.08

Metech International Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 - 55.96 74.64 - 831.68

Competitive Comparison of Metech International's Days Inventory

For the Specialty Business Services subindustry, Metech International'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.


Metech International's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metech International's Days Inventory distribution charts can be found below:

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



Metech International Days Inventory Calculation

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

Metech International's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (0 + 0.483) / 1 ) / 5.173*365
=0.483 / 5.173*365
=34.08

Metech International'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.066 + 0.253) / 2 ) / 0.035*365 / 2
=0.1595 / 0.035*365 / 2
=831.68

* 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.


Metech International  (SGX:V3M) 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.

Metech International's Inventory Turnover for the six months ended in Dec. 2023 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.

Metech International's Inventory to Revenue for the six months ended in Dec. 2023 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.


Metech International Days Inventory Related Terms

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


Metech International (SGX:V3M) Business Description

Traded in Other Exchanges
N/A
Address
100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523
Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

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