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Kiu Hung International Holdings (HKSE:00381) Days Inventory : 129.53 (As of Dec. 2023)


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What is Kiu Hung International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kiu Hung International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$96.9 Mil. Kiu Hung International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$136.5 Mil. Hence, Kiu Hung International Holdings's Days Inventory for the six months ended in Dec. 2023 was 129.53.

The historical rank and industry rank for Kiu Hung International Holdings's Days Inventory or its related term are showing as below:

HKSE:00381' s Days Inventory Range Over the Past 10 Years
Min: 38.1   Med: 97.28   Max: 185.73
Current: 152.37

During the past 13 years, Kiu Hung International Holdings's highest Days Inventory was 185.73. The lowest was 38.10. And the median was 97.28.

HKSE:00381's Days Inventory is ranked worse than
80.9% of 670 companies
in the Travel & Leisure industry
Industry Median: 35.9 vs HKSE:00381: 152.37

Kiu Hung International Holdings's Days Inventory increased from Dec. 2022 (126.76) to Dec. 2023 (129.53). It might indicate that Kiu Hung International Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kiu Hung International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.41.

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. Kiu Hung International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.42.


Kiu Hung International Holdings Days Inventory Historical Data

The historical data trend for Kiu Hung International Holdings's Days Inventory 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.

Kiu Hung International Holdings Days Inventory Chart

Kiu Hung International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.27 49.14 38.10 79.40 144.26

Kiu Hung International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 37.31 93.88 126.76 201.35 129.53

Competitive Comparison of Kiu Hung International Holdings's Days Inventory

For the Leisure subindustry, Kiu Hung International Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kiu Hung International Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kiu Hung International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kiu Hung International Holdings's Days Inventory falls into.



Kiu Hung International Holdings Days Inventory Calculation

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

Kiu Hung International Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (79.454 + 92.961) / 2 ) / 218.116*365
=86.2075 / 218.116*365
=144.26

Kiu Hung International Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (100.74 + 92.961) / 2 ) / 136.452*365 / 2
=96.8505 / 136.452*365 / 2
=129.53

* 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.


Kiu Hung International Holdings  (HKSE:00381) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Kiu Hung International Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Kiu Hung International Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Kiu Hung International Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Kiu Hung International Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kiu Hung International Holdings (HKSE:00381) Business Description

Traded in Other Exchanges
N/A
Address
315-321 Lockhart Road, Flat E, 20th Floor Lucky Plaza, Wan Chai, Hong Kong, HKG
Kiu Hung International Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the manufacturing and trading of toys and gift items, the development, processing, and trading of Chinese herbal products, and the investment in various businesses including fruit plantation, leisure, and culture. The group has six reportable segments which include Exploration, Toys and gifts items, Fruit plantation, Leisure, Culture, and Chinese Herbs. It derives key revenue from the Toys and gifts items segment. The group has a business presence in the PRC, the USA, Canada, European Union, Samoa, and Other regions.

Kiu Hung International Holdings (HKSE:00381) Headlines

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