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Chen Hsong Holdings (HKSE:00057) Days Inventory : 179.16 (As of Sep. 2023)


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What is Chen Hsong Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chen Hsong Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$742 Mil. Chen Hsong Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$756 Mil. Hence, Chen Hsong Holdings's Days Inventory for the six months ended in Sep. 2023 was 179.16.

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

HKSE:00057' s Days Inventory Range Over the Past 10 Years
Min: 129.19   Med: 188.25   Max: 219.22
Current: 181.35

During the past 13 years, Chen Hsong Holdings's highest Days Inventory was 219.22. The lowest was 129.19. And the median was 188.25.

HKSE:00057's Days Inventory is ranked worse than
71.33% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs HKSE:00057: 181.35

Chen Hsong Holdings's Days Inventory increased from Sep. 2022 (164.42) to Sep. 2023 (179.16). It might indicate that Chen Hsong Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chen Hsong Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.02.

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. Chen Hsong Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.74.


Chen Hsong Holdings Days Inventory Historical Data

The historical data trend for Chen Hsong 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.

Chen Hsong Holdings Days Inventory Chart

Chen Hsong Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.91 162.73 129.19 156.99 191.72

Chen Hsong Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 131.86 200.20 164.42 188.73 179.16

Competitive Comparison of Chen Hsong Holdings's Days Inventory

For the Specialty Industrial Machinery subindustry, Chen Hsong 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.


Chen Hsong Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Hsong Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chen Hsong Holdings's Days Inventory falls into.



Chen Hsong Holdings Days Inventory Calculation

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

Chen Hsong 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
=( (1061.9 + 791.763) / 2 ) / 1764.532*365
=926.8315 / 1764.532*365
=191.72

Chen Hsong 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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (791.763 + 692.376) / 2 ) / 755.902*365 / 2
=742.0695 / 755.902*365 / 2
=179.16

* 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.


Chen Hsong Holdings  (HKSE:00057) 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.

Chen Hsong Holdings's Inventory Turnover for the six 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.

Chen Hsong Holdings's Inventory to Revenue for the six 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.


Chen Hsong Holdings Days Inventory Related Terms

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


Chen Hsong Holdings (HKSE:00057) Business Description

Traded in Other Exchanges
Address
18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, HKG
Chen Hsong Holdings Ltd is an investment holding company it is engaged in the business of manufacture and sale of Plastic injection molding machines and related products. The company's services are used in automotive, packaging, home appliances, consumer electronics, mobile phones, and other businesses. The group operates through the geographic segments of Mainland China and Hong Kong, Taiwan, and Other Overseas Countries. The Mainland China and Hong Kong segment generates maximum revenue for the company.

Chen Hsong Holdings (HKSE:00057) Headlines

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