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International Housewares Retail Co (HKSE:01373) Days Inventory : 96.64 (As of Oct. 2023)


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What is International Housewares Retail Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Housewares Retail Co's Average Total Inventories for the six months ended in Oct. 2023 was HK$373 Mil. International Housewares Retail Co's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$704 Mil. Hence, International Housewares Retail Co's Days Inventory for the six months ended in Oct. 2023 was 96.64.

The historical rank and industry rank for International Housewares Retail Co's Days Inventory or its related term are showing as below:

HKSE:01373' s Days Inventory Range Over the Past 10 Years
Min: 81.07   Med: 87.3   Max: 105.08
Current: 91.98

During the past 11 years, International Housewares Retail Co's highest Days Inventory was 105.08. The lowest was 81.07. And the median was 87.30.

HKSE:01373's Days Inventory is ranked better than
57.57% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.235 vs HKSE:01373: 91.98

International Housewares Retail Co's Days Inventory increased from Oct. 2022 (92.25) to Oct. 2023 (96.64). It might indicate that International Housewares Retail Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Housewares Retail Co's Inventory Turnover for the six months ended in Oct. 2023 was 1.89.

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. International Housewares Retail Co's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.28.


International Housewares Retail Co Days Inventory Historical Data

The historical data trend for International Housewares Retail Co'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.

International Housewares Retail Co Days Inventory Chart

International Housewares Retail Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.07 83.87 87.88 86.31 88.62

International Housewares Retail Co Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 95.49 75.07 92.25 86.28 96.64

Competitive Comparison of International Housewares Retail Co's Days Inventory

For the Specialty Retail subindustry, International Housewares Retail Co'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.


International Housewares Retail Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, International Housewares Retail Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Housewares Retail Co's Days Inventory falls into.



International Housewares Retail Co Days Inventory Calculation

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

International Housewares Retail Co's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (375.294 + 360.188) / 2 ) / 1514.566*365
=367.741 / 1514.566*365
=88.62

International Housewares Retail Co's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (360.188 + 385.04) / 2 ) / 703.666*365 / 2
=372.614 / 703.666*365 / 2
=96.64

* 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.


International Housewares Retail Co  (HKSE:01373) 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.

International Housewares Retail Co's Inventory Turnover for the six months ended in Oct. 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.

International Housewares Retail Co's Inventory to Revenue for the six months ended in Oct. 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.


International Housewares Retail Co Days Inventory Related Terms

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


International Housewares Retail Co (HKSE:01373) Business Description

Traded in Other Exchanges
N/A
Address
Southmark, 11 Yip Hing Street, 20th Floor, Tower B, Wong Chuk Hang, Hong Kong, HKG
International Housewares Retail Co Ltd and its subsidiaries are houseware retail chains in Hong Kong, Singapore, and Macau. The group offers houseware products through a retail network comprising stores in Hong Kong, Singapore, Macau, Cambodia, East Malaysia, Saudi Arabia and Australia under brands including Japan Home Centre, City Life, Epo gifts and stationery, 123 by ELLA, and Japan Home. The group has reportable operating segments namely Retail, Wholesales, Licensing and others. Hong Kong is the key market of the group, accounting for majorly of its total revenue. It generates the majority of its revenue from the Retail segment.
Executives
Lau Pak Fai Peter 2101 Beneficial owner
Webb David Michael 2201 Interest of corporation controlled by you
Ngai Lai Ha 2101 Beneficial owner

International Housewares Retail Co (HKSE:01373) Headlines

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