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SNGSF (Singamas Container Holdings) Days Inventory : 100.67 (As of Jun. 2024)


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What is Singamas Container Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Singamas Container Holdings's Average Total Inventories for the six months ended in Jun. 2024 was $113.7 Mil. Singamas Container Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $206.2 Mil. Hence, Singamas Container Holdings's Days Inventory for the six months ended in Jun. 2024 was 100.67.

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

SNGSF' s Days Inventory Range Over the Past 10 Years
Min: 59.51   Med: 81.46   Max: 139.94
Current: 117.65

During the past 13 years, Singamas Container Holdings's highest Days Inventory was 139.94. The lowest was 59.51. And the median was 81.46.

SNGSF's Days Inventory is ranked worse than
77.25% of 378 companies
in the Packaging & Containers industry
Industry Median: 76.565 vs SNGSF: 117.65

Singamas Container Holdings's Days Inventory declined from Jun. 2023 (131.42) to Jun. 2024 (100.67).

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. Singamas Container Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 1.81.

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. Singamas Container Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.47.


Singamas Container Holdings Days Inventory Historical Data

The historical data trend for Singamas Container 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.

Singamas Container Holdings Days Inventory Chart

Singamas Container Holdings 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 95.58 139.41 59.59 91.49 118.84

Singamas Container Holdings 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 87.45 87.55 131.42 131.99 100.67

Competitive Comparison of Singamas Container Holdings's Days Inventory

For the Packaging & Containers subindustry, Singamas Container 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.


Singamas Container Holdings's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Singamas Container Holdings's Days Inventory falls into.



Singamas Container Holdings Days Inventory Calculation

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

Singamas Container 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
=( (105.662 + 106.593) / 2 ) / 325.942*365
=106.1275 / 325.942*365
=118.84

Singamas Container Holdings'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
=( (106.593 + 120.868) / 2 ) / 206.186*365 / 2
=113.7305 / 206.186*365 / 2
=100.67

* 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.


Singamas Container Holdings  (OTCPK:SNGSF) 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.

Singamas Container Holdings'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.

Singamas Container Holdings'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.


Singamas Container Holdings Days Inventory Related Terms

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


Singamas Container Holdings Business Description

Traded in Other Exchanges
Address
75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG
Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flat-rack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, the PRC, Korea, and Others.

Singamas Container Holdings Headlines