NWS Holdings (HKSE:00659) Days Inventory : 4.00 (As of Dec. 2023)

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What is NWS Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NWS Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$264 Mil. NWS Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12,058 Mil. Hence, NWS Holdings's Days Inventory for the six months ended in Dec. 2023 was 4.00.

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

HKSE:00659' s Days Inventory Range Over the Past 10 Years
Min: 1.87 Med: 5.8 Max: 6.99
Current: 2.08

During the past 13 years, NWS Holdings's highest Days Inventory was 6.99. The lowest was 1.87. And the median was 5.80.

HKSE:00659's Days Inventory is ranked better than
91.98% of 1397 companies
in the Construction industry
Industry Median: 48.85 vs HKSE:00659: 2.08

NWS Holdings's Days Inventory increased from Dec. 2022 (2.64) to Dec. 2023 (4.00). It might indicate that NWS Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NWS Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 45.62.

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. NWS Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

NWS Holdings Days Inventory Historical Data

The historical data trend for NWS 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.

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NWS Holdings Days Inventory Chart

NWS Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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6.88

6.99

4.01

2.49

1.87

NWS 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															2.40	2.65	2.64	1.29	4.00

Competitive Comparison of NWS Holdings's Days Inventory

For the Engineering & Construction subindustry, NWS 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.

NWS Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, NWS Holdings's Days Inventory distribution charts can be found below:

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

NWS Holdings Days Inventory Calculation

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

NWS 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
=	( (170	+	239.6)	/	2 )	/	40011.1	*	365
=	204.8					/	40011.1	*	365
=	1.87

NWS 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
=	( (239.6	+	289)	/	2 )	/	12057.5	*	365 / 2
=	264.3					/	12057.5	*	365 / 2
=	4.00

NWS Holdings (HKSE:00659) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12057.5	/	264.3
	=	45.62

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	264.3	/	13978.5
	=	0.02

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.

NWS Holdings Days Inventory Related Terms

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

NWS Holdings (HKSE:00659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NWS Holdings Ltd (HKSE:00659) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NWSGY:USA NWS:Germany

Address

888 Lai Chi Kok Road, 21/F, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG

Website

https://www.nws.com.hk

NWS Holdings Ltd is a conglomerate with a diversified portfolio of market-leading businesses, predominantly in Hong Kong and the Mainland. The Group's businesses include toll roads, construction, insurance, logistics, and facilities management. Through the Group's sustainable business model, it is committed to creating more value for all stakeholders and the community.

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