The historical rank and industry rank for Smart-Core Holdings's Days Inventory or its related term are showing as below:
HKSE:02166'
s Days Inventory Range Over the Past 10 Years
Min: 12.57 Med: 18.07 Max: 20.89
Current: 20.31
During the past 11 years, Smart-Core Holdings's highest Days Inventory was 20.89. The lowest was 12.57. And the median was 18.07.
HKSE:02166's Days Inventory is ranked better than 96.09% of 2407
companies
in the Hardware industry
Industry Median: 101.78
vs HKSE:02166: 20.31
Smart-Core Holdings's Days Inventory
increased
from Dec. 2022 (21.72) to Dec. 2023 (23.47).
It might indicate that Smart-Core Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Smart-Core Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 7.78.
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.
Smart-Core Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.12.
Smart-Core Holdings Days Inventory Historical Data
The historical data trend for Smart-Core 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.
Competitive Comparison of Smart-Core Holdings's Days Inventory
For the Electronics & Computer Distribution subindustry, Smart-Core 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.
Smart-Core Holdings's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Smart-Core Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Smart-Core Holdings's Days Inventory falls into.
Smart-Core Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Smart-Core Holdings's Days Inventory for the fiscal year that 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.
Smart-Core Holdings (HKSE:02166) 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.
Smart-Core 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.
Smart-Core 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.
Smart-Core Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Smart-Core Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Smart-Core Holdings (HKSE:02166) Business Description
Smart-Core Holdings Ltd is a distributor of integrated circuit and other electronic components and technology value-added service provider covering multiple market segments such as televisions (TV), optoelectronic displays, smart terminals, memory, security monitoring, communication products, Internet of Things (IoT), optical communications. Its service networks cover majority regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support and software services. Its segments include Authorised distribution and Independent distribution.
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