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Tianli International Holdings (HKSE:01773) Days Inventory : 3.76 (As of Feb. 2024)


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What is Tianli International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tianli International Holdings's Average Total Inventories for the six months ended in Feb. 2024 was HK$24 Mil. Tianli International Holdings's Cost of Goods Sold for the six months ended in Feb. 2024 was HK$1,155 Mil. Hence, Tianli International Holdings's Days Inventory for the six months ended in Feb. 2024 was 3.76.

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

HKSE:01773' s Days Inventory Range Over the Past 10 Years
Min: 2.25   Med: 3.69   Max: 8.67
Current: 4.51

During the past 8 years, Tianli International Holdings's highest Days Inventory was 8.67. The lowest was 2.25. And the median was 3.69.

HKSE:01773's Days Inventory is ranked better than
62.26% of 159 companies
in the Education industry
Industry Median: 8.13 vs HKSE:01773: 4.51

Tianli International Holdings's Days Inventory declined from Feb. 2023 (7.57) to Feb. 2024 (3.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianli International Holdings's Inventory Turnover for the six months ended in Feb. 2024 was 48.53.

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. Tianli International Holdings's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.01.


Tianli International Holdings Days Inventory Historical Data

The historical data trend for Tianli 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.

Tianli International Holdings Days Inventory Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial 3.81 2.57 6.37 8.67 5.68

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24
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 3.72 7.47 7.57 5.58 3.76

Competitive Comparison of Tianli International Holdings's Days Inventory

For the Education & Training Services subindustry, Tianli 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.


Tianli International Holdings's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tianli International Holdings's Days Inventory distribution charts can be found below:

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



Tianli International Holdings Days Inventory Calculation

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

Tianli International Holdings's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (21.711 + 29.457) / 2 ) / 1645.128*365
=25.584 / 1645.128*365
=5.68

Tianli International Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (29.457 + 18.153) / 2 ) / 1155.322*365 / 2
=23.805 / 1155.322*365 / 2
=3.76

* 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.


Tianli International Holdings  (HKSE:01773) 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.

Tianli International Holdings's Inventory Turnover for the six months ended in Feb. 2024 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.

Tianli International Holdings's Inventory to Revenue for the six months ended in Feb. 2024 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.


Tianli International Holdings Days Inventory Related Terms

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


Tianli International Holdings (HKSE:01773) Business Description

Traded in Other Exchanges
N/A
Address
Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.
Executives
Luo Shi 2201 Interest of corporation controlled by you
First Beijing Investment Limited 2102 Investment manager
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Tu Mengxuan 2202 Interest of your spouse
Sky Elite Limited 2101 Beneficial owner

Tianli International Holdings (HKSE:01773) Headlines

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