Apollo Future Mobility Group (HKSE:00860) Days Inventory : 147.52 (As of Dec. 2023)

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What is Apollo Future Mobility Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apollo Future Mobility Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$89.1 Mil. Apollo Future Mobility Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$110.3 Mil. Hence, Apollo Future Mobility Group's Days Inventory for the six months ended in Dec. 2023 was 147.52.

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

HKSE:00860' s Days Inventory Range Over the Past 10 Years
Min: 140.61 Med: 202.08 Max: 408.11
Current: 150.56

During the past 13 years, Apollo Future Mobility Group's highest Days Inventory was 408.11. The lowest was 140.61. And the median was 202.08.

HKSE:00860's Days Inventory is ranked worse than
63.27% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.87 vs HKSE:00860: 150.56

Apollo Future Mobility Group's Days Inventory increased from Mar. 2022 (96.82) to Dec. 2023 (147.52). It might indicate that Apollo Future Mobility Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apollo Future Mobility Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.24.

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. Apollo Future Mobility Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.59.

Apollo Future Mobility Group Days Inventory Historical Data

The historical data trend for Apollo Future Mobility 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.

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Apollo Future Mobility Group Days Inventory Chart

Apollo Future Mobility Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Days Inventory

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202.01

305.10

159.04

140.61

Apollo Future Mobility Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															166.48	138.23	96.82	240.50	147.52

Competitive Comparison of Apollo Future Mobility Group's Days Inventory

For the Luxury Goods subindustry, Apollo Future Mobility 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.

Apollo Future Mobility Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Apollo Future Mobility Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Apollo Future Mobility Group's Days Inventory falls into.

Apollo Future Mobility Group Days Inventory Calculation

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

Apollo Future Mobility 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
=	( (90.605	+	75.871)	/	2 )	/	216.066	*	365
=	83.238					/	216.066	*	365
=	140.61

Apollo Future Mobility 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
=	( (102.386	+	75.871)	/	2 )	/	110.266	*	365 / 2
=	89.1285					/	110.266	*	365 / 2
=	147.52

Apollo Future Mobility Group (HKSE:00860) 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.

Apollo Future Mobility Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	110.266	/	89.1285
	=	1.24

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.

Apollo Future Mobility Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89.1285	/	151.642
	=	0.59

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.

Apollo Future Mobility Group Days Inventory Related Terms

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

Apollo Future Mobility Group (HKSE:00860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Apollo Future Mobility Group Ltd (HKSE:00860) » Definitions » Days Inventory

Traded in Other Exchanges

U1R1:Germany

Address

189 Des Voeux Road Central, Sheung Wan, Units 2001-2002, 20th Floor, Li Po Chun Chambers, Hong Kong, HKG

Website

https://www.apollofmg.com

Apollo Future Mobility Group Ltd is an investment holding company. It operates in three segments. The Mobility technology solutions segment engages in designing, developing, manufacturing, and sales high-performance hypercars and provision of mobility technology solutions. Jewellery products and watches segment that derives majority revenue focus on retailing and wholesale of jewellery products and watches. The Money Lending segment provides loan finance. ,Majority revenue is derived from Jewellery products, watches and other commodities segment. Geographically Mainland China accounts for majority revenue.

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