Tuesday 22 June 2010

Yet another look at Hing Yiap versus Padini

Another look at Hing Yiap versus Padini
https://spreadsheets.google.com/pub?key=0AuRRzs61sKqRdHpGNURZU29NUnVlMnNUOGQ4LUduX1E&output=html

This is a good way to compare 2 companies.

Would you prefer buying a good company at fair price or a fair company at a good price?

Which company would you choose?  For the short term?  For the long term?

2 comments:

PEGGY Method said...

Is Bonia ok?

tklaw said...

I am concerned with the high inventory and debtor ratios of Hing Yiap. High inventory generally indicates more obsolete stock which would probably eat up future profit.

Inventory turnover
- Hing Yiap - 143 days
- Padini - 86 days

Debtor turnover
- Hing Yiap - 57 days
- Padini - 10 days