GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CHTC Fong's International Co Ltd (HKSE:00641) » Definitions » Days Inventory

CHTC Fong's International Co (HKSE:00641) Days Inventory : 135.63 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is CHTC Fong's International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CHTC Fong's International Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$456 Mil. CHTC Fong's International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$614 Mil. Hence, CHTC Fong's International Co's Days Inventory for the six months ended in Dec. 2023 was 135.63.

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

HKSE:00641' s Days Inventory Range Over the Past 10 Years
Min: 110.11   Med: 116.83   Max: 156.83
Current: 137.14

During the past 13 years, CHTC Fong's International Co's highest Days Inventory was 156.83. The lowest was 110.11. And the median was 116.83.

HKSE:00641's Days Inventory is ranked worse than
57.29% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs HKSE:00641: 137.14

CHTC Fong's International Co's Days Inventory increased from Dec. 2022 (113.71) to Dec. 2023 (135.63). It might indicate that CHTC Fong's International Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CHTC Fong's International Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.35.

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. CHTC Fong's International Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.


CHTC Fong's International Co Days Inventory Historical Data

The historical data trend for CHTC Fong's International Co'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.

CHTC Fong's International Co Days Inventory Chart

CHTC Fong's International Co 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 148.40 156.83 110.46 110.86 133.05

CHTC Fong's International Co 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 105.32 116.38 113.71 142.62 135.63

Competitive Comparison of CHTC Fong's International Co's Days Inventory

For the Specialty Industrial Machinery subindustry, CHTC Fong's International Co'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.


CHTC Fong's International Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where CHTC Fong's International Co's Days Inventory falls into.



CHTC Fong's International Co Days Inventory Calculation

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

CHTC Fong's International Co'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
=( (497.228 + 414.613) / 2 ) / 1250.758*365
=455.9205 / 1250.758*365
=133.05

CHTC Fong's International Co'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
=( (497.992 + 414.613) / 2 ) / 613.987*365 / 2
=456.3025 / 613.987*365 / 2
=135.63

* 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.


CHTC Fong's International Co  (HKSE:00641) 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.

CHTC Fong's International Co'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.

CHTC Fong's International Co'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.


CHTC Fong's International Co Days Inventory Related Terms

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


CHTC Fong's International Co (HKSE:00641) Business Description

Traded in Other Exchanges
N/A
Address
51 Kwai Cheong Road, Level 13, Tower 2, Kowloon Commerce Centre, Kwai Chung, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in manufacturing machines, equipment, and other related parts. The group through its subsidiaries operates in three reportable segments which include manufacturing and sale of dyeing and finishing machines, trading of stainless steel supplies and Manufacture and sale of stainless steel casting products. Its business activity functions through various geographical regions which include China, Hong Kong, the Asia-Pacific, Europe, North America, South America, and others. While the majority of the company revenues for Fong's Industries are derived through the dyeing and finishing machines segment.

CHTC Fong's International Co (HKSE:00641) Headlines

No Headlines