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Greenheart Group (HKSE:00094) Days Inventory : 14.61 (As of Dec. 2023)


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What is Greenheart Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Greenheart Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$9.93 Mil. Greenheart Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$124.03 Mil. Hence, Greenheart Group's Days Inventory for the six months ended in Dec. 2023 was 14.61.

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

HKSE:00094' s Days Inventory Range Over the Past 10 Years
Min: 21.11   Med: 30.64   Max: 45.89
Current: 22.23

During the past 13 years, Greenheart Group's highest Days Inventory was 45.89. The lowest was 21.11. And the median was 30.64.

HKSE:00094's Days Inventory is ranked better than
95.67% of 277 companies
in the Forest Products industry
Industry Median: 87.89 vs HKSE:00094: 22.23

Greenheart Group's Days Inventory declined from Dec. 2022 (27.14) to Dec. 2023 (14.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Greenheart Group's Inventory Turnover for the six months ended in Dec. 2023 was 12.49.

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. Greenheart Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.25.


Greenheart Group Days Inventory Historical Data

The historical data trend for Greenheart Group'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.

Greenheart Group Days Inventory Chart

Greenheart Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.86 30.47 41.43 45.89 21.29

Greenheart Group 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 45.33 55.18 27.14 40.18 14.61

Competitive Comparison of Greenheart Group's Days Inventory

For the Lumber & Wood Production subindustry, Greenheart Group'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.


Greenheart Group's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Greenheart Group's Days Inventory falls into.



Greenheart Group Days Inventory Calculation

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

Greenheart Group'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
=( (13.293 + 7.875) / 2 ) / 181.425*365
=10.584 / 181.425*365
=21.29

Greenheart Group'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
=( (11.982 + 7.875) / 2 ) / 124.028*365 / 2
=9.9285 / 124.028*365 / 2
=14.61

* 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.


Greenheart Group  (HKSE:00094) 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.

Greenheart Group'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.

Greenheart Group'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.


Greenheart Group Days Inventory Related Terms

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


Greenheart Group (HKSE:00094) Business Description

Traded in Other Exchanges
N/A
Address
No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing and sales of logs and timber products, provision of forest management services and shipping services. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue generating region is New Zealand.
Executives
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited 2201 Interest of corporation controlled by you
Gallant Elite International Limited 2201 Interest of corporation controlled by you
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Idea Perfect Holdings Limited 2501 Other
Vms Investment Group Limited 2201 Interest of corporation controlled by you
Wu Wai Leung Danny
Hong Kong Genghis Khan Group Limited 2101 Beneficial owner
Ge Jian 2201 Interest of corporation controlled by you
China Forestry Group Corporation 2201 Interest of corporation controlled by you

Greenheart Group (HKSE:00094) Headlines

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