HG Metal Manufacturing (SGX:BTG) Inventory Turnover: 6.35 (As of Mar. 2026)

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SGX:BTG HG Metal Manufacturing Ltd SGX:BTG
42 GF Score
Price S$0.44
GF Value S$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is HG Metal Manufacturing Inventory Turnover?

HG Metal Manufacturing SGX:BTG -2.22% 42 Inventory Turnover is 6.35 as of Mar. 2026. GuruFocus rates SGX:BTG with a GF Score™ of 42/100 and a GF Value™ of S$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. HG Metal Manufacturing's Cost of Goods Sold for the six months ended in Mar. 2026 was S$67.2 Mil. HG Metal Manufacturing's Average Total Inventories for the quarter that ended in Mar. 2026 was S$10.6 Mil. HG Metal Manufacturing's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HG Metal Manufacturing's Days Inventory for the six months ended in Mar. 2026 was 28.74.

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. HG Metal Manufacturing's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.


HG Metal Manufacturing  (SGX:BTG) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

HG Metal Manufacturing's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=10.5785/67.164*365 / 2
=28.74

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.

HG Metal Manufacturing's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=10.5785 / 80.97
=0.13

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


HG Metal Manufacturing Inventory Turnover Related Terms


HG Metal Manufacturing Inventory Turnover Historical Data

* Premium members only.

The historical data trend for HG Metal Manufacturing's Inventory Turnover 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.

HG Metal Manufacturing Inventory Turnover Chart

HG Metal Manufacturing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 2.26 3.06 2.53 3.30

HG Metal Manufacturing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Mar26
Inventory Turnover 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 3.19 2.85 4.54 6.08 6.35
SGX:BTG
42GF Score
HG Metal Manufacturing Ltd SGX:BTG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HG Metal Manufacturing Inventory Turnover Calculation

HG Metal Manufacturing's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=136.968 / ((58.851 + 24.228) / 2 )
=136.968 / 41.5395
=3.30

HG Metal Manufacturing's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=67.164 / ((13.252 + 7.905) / 2 )
=67.164 / 10.5785
=6.35

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 6.35 mean?
HG Metal Manufacturing (SGX:BTG) has a Inventory Turnover of 6.35 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on HG Metal Manufacturing and its competitors.
Is HG Metal Manufacturing's Inventory Turnover too high?
HG Metal Manufacturing's current Inventory Turnover is 6.35. Overall, HG Metal Manufacturing has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HG Metal Manufacturing's Inventory Turnover compare to NUE and STLD?
HG Metal Manufacturing's Inventory Turnover of 6.35 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on HG Metal Manufacturing and its competitors. HG Metal Manufacturing's current Inventory Turnover is 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Metal Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, HG Metal Manufacturing (SGX:BTG) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.44 — trading 131.6% above its estimated fair value. The current Inventory Turnover is 6.35. HG Metal Manufacturing's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For HG Metal Manufacturing (SGX:BTG), the current Inventory Turnover is 6.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HG Metal Manufacturing (SGX:BTG) Overvalued in 2026?

Based on GuruFocus' analysis, HG Metal Manufacturing stock appears to be overvalued. The current stock price of S$0.44 is trading 131.6% above its estimated GF Value™ of S$0.19. GuruFocus considers HG Metal Manufacturing to be Significantly Overvalued.

Key valuation signals for SGX:BTG:

  • Inventory Turnover: 6.35
  • GF Value™: S$0.19 vs. price of S$0.44 (131.6% above fair value)
  • GF Score™: 42/100 with 3 warning signs

No single metric tells the full story. See the SGX:BTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HG Metal Manufacturing Business Description

Address 28 Jalan Buroh, Singapore, SGP, 619484
HG Metal Manufacturing Ltd is involved in the steel business. The Company operates through business units including HG Distribution, HG Construction Steel, HG Coupler, and Thread. Its operating segments comprise the Trading segment, the Manufacturing segment, and Others. The Trading segment supplies steel products and includes investments in subsidiaries engaged in steel distribution and the provision of industrial steel services. The Manufacturing segment produces construction steel products and provides related engineering services. The Others segment includes activities that do not fall under the Trading or Manufacturing segments. The majority of the Company's revenue is generated from the Manufacturing segment, with the maximum of its revenue derived from Singapore.
42GF Score

Get the complete analysis for SGX:BTG

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.44
Price
S$0.19
GF Value