GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chervon Holdings Ltd (HKSE:02285) » Definitions » Days Inventory

Chervon Holdings (HKSE:02285) Days Inventory : 205.85 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Chervon Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chervon Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$4,287 Mil. Chervon Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,800 Mil. Hence, Chervon Holdings's Days Inventory for the six months ended in Dec. 2023 was 205.85.

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

HKSE:02285' s Days Inventory Range Over the Past 10 Years
Min: 126.98   Med: 154.72   Max: 208.58
Current: 208.56

During the past 6 years, Chervon Holdings's highest Days Inventory was 208.58. The lowest was 126.98. And the median was 154.72.

HKSE:02285's Days Inventory is ranked worse than
78.06% of 2904 companies
in the Industrial Products industry
Industry Median: 119.805 vs HKSE:02285: 208.56

Chervon Holdings's Days Inventory increased from Dec. 2022 (164.28) to Dec. 2023 (205.85). It might indicate that Chervon 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. Chervon Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.89.

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. Chervon Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.86.


Chervon Holdings Days Inventory Historical Data

The historical data trend for Chervon 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.

Chervon Holdings Days Inventory Chart

Chervon Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 159.13 129.02 126.98 157.16 208.58

Chervon Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.98 153.27 164.28 211.45 205.85

Competitive Comparison of Chervon Holdings's Days Inventory

For the Specialty Industrial Machinery subindustry, Chervon 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.


Chervon Holdings's Days Inventory Distribution in the Industrial Products Industry

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

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



Chervon Holdings Days Inventory Calculation

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

Chervon Holdings'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
=( (4671.232 + 4146.621) / 2 ) / 7715.153*365
=4408.9265 / 7715.153*365
=208.58

Chervon Holdings'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
=( (4427.039 + 4146.621) / 2 ) / 3800.499*365 / 2
=4286.83 / 3800.499*365 / 2
=205.85

* 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.


Chervon Holdings  (HKSE:02285) 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.

Chervon 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.

Chervon 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.


Chervon Holdings Days Inventory Related Terms

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


Chervon Holdings (HKSE:02285) Business Description

Traded in Other Exchanges
Address
No. 99, Tianyuan West Road, Jiangning Economic and Technological, Development Zone, Nanjing, CHN
Chervon Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in researching, developing, manufacturing, testing, sales, and after-sale services for power tools, outdoor power equipment and related products. The Company earned majority of its revenue from Sales of outdoor power equipment.

Chervon Holdings (HKSE:02285) Headlines

No Headlines