Greatview Aseptic Packaging Co (HKSE:00468) Days Inventory

: 113.43 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Greatview Aseptic Packaging Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,049 Mil. Greatview Aseptic Packaging Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,688 Mil. Hence, Greatview Aseptic Packaging Co's Days Inventory for the six months ended in Dec. 2023 was 113.43.

The historical rank and industry rank for Greatview Aseptic Packaging Co's Days Inventory or its related term are showing as below:

HKSE:00468' s Days Inventory Range Over the Past 10 Years
Min: 98.07 Med: 110.37 Max: 123.34
Current: 121.24

During the past 13 years, Greatview Aseptic Packaging Co's highest Days Inventory was 123.34. The lowest was 98.07. And the median was 110.37.

HKSE:00468's Days Inventory is ranked worse than
77.81% of 365 companies
in the Packaging & Containers industry
Industry Median: 78.08 vs HKSE:00468: 121.24

Greatview Aseptic Packaging Co's Days Inventory increased from Dec. 2022 (106.38) to Dec. 2023 (113.43). It might indicate that Greatview Aseptic Packaging Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greatview Aseptic Packaging Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.61.

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. Greatview Aseptic Packaging Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.50.

Greatview Aseptic Packaging Co Days Inventory Historical Data

The historical data trend for Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

108.39

106.19

98.07

112.12

120.28

Greatview Aseptic Packaging Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																96.11	105.22	106.38	129.77	113.43

Competitive Comparison

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co Days Inventory Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Greatview Aseptic Packaging Co's Days Inventory falls into.

Greatview Aseptic Packaging Co Days Inventory Calculation

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

Greatview Aseptic Packaging Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1319.803	+	940.554)	/	2 )	/	3429.618	*	365
=	1130.1785					/	3429.618	*	365
=	120.28

Greatview Aseptic Packaging Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1157.355	+	940.554)	/	2 )	/	1687.75	*	365 / 2
=	1048.9545					/	1687.75	*	365 / 2
=	113.43

Greatview Aseptic Packaging Co (HKSE:00468) 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.

Greatview Aseptic Packaging Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1687.75	/	1048.9545
	=	1.61

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.

Greatview Aseptic Packaging Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1048.9545	/	2107.862
	=	0.50

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.

Greatview Aseptic Packaging Co Days Inventory Related Terms

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Greatview Aseptic Packaging Co (HKSE:00468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greatview Aseptic Packaging Co Ltd (HKSE:00468) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GRVWF:USA 8GA:Germany

Address

No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015

Website

https://www.greatviewpack.com

Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (HKSE:00468) Headlines

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