National United Resources Holdings (HKSE:00254) Days Inventory : 0.00 (As of Dec. 2023)

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What is National United Resources Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). National United Resources Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. National United Resources Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$40.7 Mil. Hence, National United Resources Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

During the past 13 years, National United Resources Holdings's highest Days Inventory was 59.84. The lowest was 36.70. And the median was 48.27.

HKSE:00254's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.67
* Ranked among companies with meaningful Days Inventory only.

National United Resources Holdings's Days Inventory stayed the same from Jun. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. National United Resources Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

National United Resources Holdings Days Inventory Historical Data

The historical data trend for National United Resources 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.

National United Resources Holdings Days Inventory Chart

National United Resources Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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59.84

National United Resources Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of National United Resources Holdings's Days Inventory

For the Rental & Leasing Services subindustry, National United Resources 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.

National United Resources Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, National United Resources Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where National United Resources Holdings's Days Inventory falls into.

National United Resources Holdings Days Inventory Calculation

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

National United Resources Holdings's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	103.568	*	365
=	0					/	103.568	*	365
=	0.00

National United Resources 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
=	( (0	+	0)	/	1 )	/	40.748	*	365 / 2
=	0					/	40.748	*	365 / 2
=	0.00

National United Resources Holdings (HKSE:00254) 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.

National United Resources Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.748	/	0
	=

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.

National United Resources Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	34.055
	=	0.00

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.

National United Resources Holdings Days Inventory Related Terms

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

National United Resources Holdings (HKSE:00254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG

Website

http://www.nur.com.hk

National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.

Executives

Ji Kaiping	2201 Interest of corporation controlled by you
Thousand Joy Limited	2101 Beneficial owner
Guo Peiyuan	2201 Interest of corporation controlled by you
Hontin Ocean Resources Limited	2101 Beneficial owner
Tian Xin	2101 Beneficial owner
Hot Mediatech Group Pte. Ltd.	2101 Beneficial owner
Li Jiayi	2201 Interest of corporation controlled by you

National United Resources Holdings (HKSE:00254) Headlines

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