Union Steel Holdings (SGX:ZB9) Total Inventories: S$27.5 Mil (As of Dec. 2025)


SGX:ZB9 Union Steel Holdings Ltd SGX:ZB9
52 GF Score
Price S$0.49
GF Value S$0.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Union Steel Holdings Total Inventories?

Union Steel Holdings SGX:ZB9 52 Total Inventories is S$27.5 Mil as of Dec. 2025. GuruFocus rates SGX:ZB9 with a GF Score™ of 52/100 and a GF Value™ of S$0.50 (Fairly Valued). The stock has 5 warning signs investors should review.

Union Steel Holdings's total inventories for the quarter that ended in Dec. 2025 was S$27.5 Mil. Union Steel Holdings's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was S$26.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Union Steel Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was S$-0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Union Steel Holdings's Days Inventory for the six months ended in Dec. 2025 was 113.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Union Steel Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.61.

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. Union Steel Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.48.


Union Steel Holdings  (SGX:ZB9) 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.

Union Steel Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.726+0.75 * 32.401+0.5 * 27.479-96.314
-0-0)/118.134
=-0.35

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

Union Steel Holdings's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=26.8025/43.202*365 / 2
=113.22

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

Union Steel Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=43.202 / 26.8025
=1.61

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.

Union Steel Holdings's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=26.8025 / 56.218
=0.48

* 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.


Union Steel Holdings Total Inventories Related Terms


Union Steel Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Union Steel Holdings'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.

Union Steel Holdings Total Inventories Chart

Union Steel Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.66 29.32 25.42 25.56 26.13

Union Steel Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 26.68 25.56 27.84 26.13 27.48
SGX:ZB9
52GF Score
Union Steel Holdings Ltd SGX:ZB9
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Steel Holdings 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of S$27.5 Mil mean?
Union Steel Holdings (SGX:ZB9) has a Total Inventories of S$27.5 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Union Steel Holdings and its competitors.
Is Union Steel Holdings' Total Inventories too high?
Union Steel Holdings' current Total Inventories is S$27.5 Mil. Overall, Union Steel Holdings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Steel Holdings' Total Inventories compare to WM and RSG?
Union Steel Holdings' Total Inventories of S$27.5 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Waste Management company?
A good Total Inventories depends on the Waste Management industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Union Steel Holdings and its competitors. Union Steel Holdings's current Total Inventories is S$27.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Steel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Steel Holdings (SGX:ZB9) is currently considered Fairly Valued. The stock's GF Value™ is S$0.50, compared to a current price of S$0.49 — trading 2% below its estimated fair value. The current Total Inventories is S$27.5 Mil. Union Steel Holdings' overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Union Steel Holdings (SGX:ZB9), the current Total Inventories is S$27.5 Mil as of Dec. 2025. 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 Union Steel Holdings (SGX:ZB9) Overvalued in 2026?

Based on GuruFocus' analysis, Union Steel Holdings stock appears to be undervalued. The current stock price of S$0.49 is trading 2% below its estimated GF Value™ of S$0.50. GuruFocus considers Union Steel Holdings to be Fairly Valued.

Key valuation signals for SGX:ZB9:

  • Total Inventories: S$27.5 Mil
  • GF Value™: S$0.50 vs. price of S$0.49 (2% below fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the SGX:ZB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Steel Holdings Business Description

Address 33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals, which include import and export of scrap metals, waste collection services, trading, and leasing of metal products.; Scaffolding that provides scaffolding services and related consultancy services; Engineering, including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; and Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore, followed by India, Thailand, Malaysia, Indonesia, Pakistan, China, Bangladesh, and Other Countries.
52GF Score

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

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Price
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