GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sin Heng Heavy Machinery Ltd (SGX:BKA) » Definitions » Total Inventories

Sin Heng Heavy Machinery (SGX:BKA) Total Inventories : S$3.99 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Sin Heng Heavy Machinery Total Inventories?

Sin Heng Heavy Machinery's total inventories for the quarter that ended in Dec. 2023 was S$3.99 Mil. Sin Heng Heavy Machinery's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was S$5.79 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sin Heng Heavy Machinery's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sin Heng Heavy Machinery's Days Inventory for the six months ended in Dec. 2023 was 47.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sin Heng Heavy Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.83.

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. Sin Heng Heavy Machinery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


Sin Heng Heavy Machinery Total Inventories Historical Data

The historical data trend for Sin Heng Heavy Machinery's Total Inventories 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.

Sin Heng Heavy Machinery Total Inventories Chart

Sin Heng Heavy Machinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.94 3.93 1.26 5.74 3.99

Sin Heng Heavy Machinery Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories 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 1.26 6.65 5.74 7.59 3.99

Sin Heng Heavy Machinery Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Sin Heng Heavy Machinery  (SGX:BKA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sin Heng Heavy Machinery's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(44.638+0.75 * 11.735+0.5 * 3.99-21.627
-0-0)/109.724
=0.31

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

Sin Heng Heavy Machinery's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=5.7885/22.196*365 / 2
=47.59

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sin Heng Heavy Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=22.196 / 5.7885
=3.83

4. 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.

Sin Heng Heavy Machinery's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5.7885 / 31.494
=0.18

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Sin Heng Heavy Machinery Total Inventories Related Terms

Thank you for viewing the detailed overview of Sin Heng Heavy Machinery's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Sin Heng Heavy Machinery (SGX:BKA) Business Description

Traded in Other Exchanges
Address
26 Gul Road, Singapore, SGP, 629346
Sin Heng Heavy Machinery Ltd is a lifting service provider. The core business activities are the rental and trading of cranes, aerial lifts, and other lifting equipment. The company has two reportable operating segments namely Equipment rental and Trading. Equipment rental includes the rental of cranes and aerial lifts. Trading includes trading of cranes and aerial lifts. Most of the group's revenue comes from Singapore.

Sin Heng Heavy Machinery (SGX:BKA) Headlines

No Headlines