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OCI International Holdings (HKSE:00329) Days Inventory : 42.41 (As of Dec. 2023)


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What is OCI International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OCI International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$6.36 Mil. OCI International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$27.35 Mil. Hence, OCI International Holdings's Days Inventory for the six months ended in Dec. 2023 was 42.41.

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

HKSE:00329' s Days Inventory Range Over the Past 10 Years
Min: 32.89   Med: 105.59   Max: 7177.76
Current: 67.95

During the past 13 years, OCI International Holdings's highest Days Inventory was 7177.76. The lowest was 32.89. And the median was 105.59.

HKSE:00329's Days Inventory is ranked worse than
53.92% of 217 companies
in the Capital Markets industry
Industry Median: 60.48 vs HKSE:00329: 67.95

OCI International Holdings's Days Inventory declined from Dec. 2022 (104.64) to Dec. 2023 (42.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. OCI International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 4.30.

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. OCI International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.


OCI International Holdings Days Inventory Historical Data

The historical data trend for OCI International 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.

OCI International Holdings Days Inventory Chart

OCI International Holdings 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 572.79 61.99 32.89 69.73 69.71

OCI International 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 43.26 96.38 104.64 169.02 42.41

Competitive Comparison of OCI International Holdings's Days Inventory

For the Capital Markets subindustry, OCI International 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.


OCI International Holdings's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OCI International Holdings's Days Inventory distribution charts can be found below:

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



OCI International Holdings Days Inventory Calculation

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

OCI International 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
=( (6.256 + 6.719) / 2 ) / 33.968*365
=6.4875 / 33.968*365
=69.71

OCI International 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
=( (5.995 + 6.719) / 2 ) / 27.354*365 / 2
=6.357 / 27.354*365 / 2
=42.41

* 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.


OCI International Holdings  (HKSE:00329) 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.

OCI International 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.

OCI International 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.


OCI International Holdings Days Inventory Related Terms

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


OCI International Holdings (HKSE:00329) Business Description

Traded in Other Exchanges
N/A
Address
28 Hennessy Road, Level 23, Hong Kong, HKG
OCI International Holdings Ltd operates as an investment holding company. It operates through the following segments: Securities trading and Investments, Trading of wines, Investment, and financial advisory services, and asset management. The Securities Trading and Investments segment focuses on investing and trading in listed equity securities, fixed-income products, private funds, and private equity opportunities. The Investment and Financial Advisory Services segment provides business consulting and advisory services. The firm derives the majority revenue from the Asset management segment in Hong Kong.

OCI International Holdings (HKSE:00329) Headlines

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