▼

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?
at

2 comments:

  1. PEGGY MethodTuesday, June 22, 2010 7:50:00 pm

    Is Bonia ok?

    ReplyDelete
  2. tklawWednesday, June 23, 2010 3:50:00 pm

    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

    ReplyDelete