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Asian Citrus Holdings (Asian Citrus Holdings) Days Inventory : 30.45 (As of Dec. 2023)


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What is Asian Citrus Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Citrus Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $1.40 Mil. Asian Citrus Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $8.38 Mil. Hence, Asian Citrus Holdings's Days Inventory for the six months ended in Dec. 2023 was 30.45.

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

ACITF' s Days Inventory Range Over the Past 10 Years
Min: 3.4   Med: 52.04   Max: 84.89
Current: 28.85

During the past 13 years, Asian Citrus Holdings's highest Days Inventory was 84.89. The lowest was 3.40. And the median was 52.04.

ACITF's Days Inventory is ranked better than
61.46% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.95 vs ACITF: 28.85

Asian Citrus Holdings's Days Inventory declined from Dec. 2022 (164.34) to Dec. 2023 (30.45).

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. Asian Citrus Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 5.99.

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. Asian Citrus Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.


Asian Citrus Holdings Days Inventory Historical Data

The historical data trend for Asian Citrus 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.

Asian Citrus Holdings Days Inventory Chart

Asian Citrus Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.40 3.95 3.40 31.69 64.49

Asian Citrus Holdings 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 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 8.65 49.83 164.34 31.46 30.45

Competitive Comparison of Asian Citrus Holdings's Days Inventory

For the Food Distribution subindustry, Asian Citrus 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.


Asian Citrus Holdings's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Citrus Holdings's Days Inventory distribution charts can be found below:

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



Asian Citrus Holdings Days Inventory Calculation

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

Asian Citrus Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (3.047 + 2.066) / 2 ) / 14.469*365
=2.5565 / 14.469*365
=64.49

Asian Citrus 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
=( (2.066 + 0.73) / 2 ) / 8.378*365 / 2
=1.398 / 8.378*365 / 2
=30.45

* 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.


Asian Citrus Holdings  (OTCPK:ACITF) 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.

Asian Citrus 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.

Asian Citrus 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.


Asian Citrus Holdings Days Inventory Related Terms

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


Asian Citrus Holdings (Asian Citrus Holdings) Business Description

Traded in Other Exchanges
Address
2-12 Queen’s Road West, Room 2510, 25/F, Arion Commercial Centre, Sheung Wan, Hong Kong, HKG
Asian Citrus Holdings Ltd is an investment holding company. The company's segment includes Plantation Business; Fruit Distribution Business and Air-conditioners Distribution Business. It generates maximum revenue from the Fruit Distribution Business segment. The Fruit Distribution Business segment includes the distribution of various fruits.

Asian Citrus Holdings (Asian Citrus Holdings) Headlines

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