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Qi-House Holdings (HKSE:08395) Days Inventory : 183.42 (As of Sep. 2023)


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What is Qi-House Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Qi-House Holdings's Average Total Inventories for the three months ended in Sep. 2023 was HK$12.38 Mil. Qi-House Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$6.16 Mil. Hence, Qi-House Holdings's Days Inventory for the three months ended in Sep. 2023 was 183.42.

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

HKSE:08395' s Days Inventory Range Over the Past 10 Years
Min: 92.25   Med: 152.62   Max: 221.22
Current: 221.22

During the past 9 years, Qi-House Holdings's highest Days Inventory was 221.22. The lowest was 92.25. And the median was 152.62.

HKSE:08395's Days Inventory is ranked worse than
80.56% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.635 vs HKSE:08395: 221.22

Qi-House Holdings's Days Inventory increased from Sep. 2022 (172.50) to Sep. 2023 (183.42). It might indicate that Qi-House 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. Qi-House Holdings's Inventory Turnover for the three months ended in Sep. 2023 was 0.50.

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. Qi-House Holdings's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.69.


Qi-House Holdings Days Inventory Historical Data

The historical data trend for Qi-House 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.

Qi-House Holdings Days Inventory Chart

Qi-House Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 166.84 179.13 92.25 124.90 168.79

Qi-House Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 172.50 236.31 222.01 248.84 183.42

Competitive Comparison of Qi-House Holdings's Days Inventory

For the Specialty Retail subindustry, Qi-House 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.


Qi-House Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Qi-House Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Qi-House Holdings's Days Inventory falls into.



Qi-House Holdings Days Inventory Calculation

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

Qi-House Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (10.349 + 14.262) / 2 ) / 26.61*365
=12.3055 / 26.61*365
=168.79

Qi-House Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 12.38) / 1 ) / 6.159*365 / 4
=12.38 / 6.159*365 / 4
=183.42

* 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.


Qi-House Holdings  (HKSE:08395) 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.

Qi-House Holdings's Inventory Turnover for the three months ended in Sep. 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.

Qi-House Holdings's Inventory to Revenue for the three months ended in Sep. 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.


Qi-House Holdings Days Inventory Related Terms

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


Qi-House Holdings (HKSE:08395) Business Description

Traded in Other Exchanges
N/A
Address
2 Lee Wing Street, 28th Floor, Horizon Plaza, Ap Lei Chau, Hong Kong, HKG
Qi-House Holdings Ltd Formerly Tree Holdings Ltd is engaged in the sale and distribution of furniture, home accessories, consignment sales, distribution and licensing of intellectual property rights, and provision of styling and consulting services. The company derives its revenue from the sale of furniture and home accessories, distribution and license fee income, food and beverage income, commission income, and consulting income. It operates in two segments, Furniture sale and consultancy services and Furniture agency service. Most of the firm's revenue gets derived from the Furniture sale and consultancy services segment. The group has a business presence in Hong Kong and the PRC, of which a majority of revenue is generated from Hong Kong.
Executives
Xu Qiang 2101 Beneficial owner
Wuxing Hehe Holding Group Co., Limited 2101 Beneficial owner
Yang Songmei 2201 Interest of corporation controlled by you
Tiptop Honour Limited 2201 Interest of corporation controlled by you
Shum Yuet Wah Anna 2202 Interest of your spouse
Tong Tang Joseph 2201 Interest of corporation controlled by you
Zhang Jianing 2401 A concert party to an agreement to buy shares

Qi-House Holdings (HKSE:08395) Headlines

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