Huili Resources (Group) (HKSE:01303) Days Inventory : 46.24 (As of Dec. 2023)

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What is Huili Resources (Group) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huili Resources (Group)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$388 Mil. Huili Resources (Group)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,531 Mil. Hence, Huili Resources (Group)'s Days Inventory for the six months ended in Dec. 2023 was 46.24.

The historical rank and industry rank for Huili Resources (Group)'s Days Inventory or its related term are showing as below:

HKSE:01303' s Days Inventory Range Over the Past 10 Years
Min: 1.04 Med: 59.16 Max: 139.89
Current: 32.95

During the past 13 years, Huili Resources (Group)'s highest Days Inventory was 139.89. The lowest was 1.04. And the median was 59.16.

HKSE:01303's Days Inventory is ranked worse than
52.17% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs HKSE:01303: 32.95

Huili Resources (Group)'s Days Inventory increased from Dec. 2022 (0.74) to Dec. 2023 (46.24). It might indicate that Huili Resources (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. Huili Resources (Group)'s Inventory Turnover for the six months ended in Dec. 2023 was 3.95.

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. Huili Resources (Group)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

Huili Resources (Group) Days Inventory Historical Data

The historical data trend for Huili Resources (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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Huili Resources (Group) Days Inventory Chart

Huili Resources (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.46

1.04

31.98

Huili Resources (Group) 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															-	0.80	0.74	18.95	46.24

Competitive Comparison of Huili Resources (Group)'s Days Inventory

For the Thermal Coal subindustry, Huili Resources (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.

Huili Resources (Group)'s Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Days Inventory falls into.

Huili Resources (Group) Days Inventory Calculation

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

Huili Resources (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
=	( (5.728	+	500.24)	/	2 )	/	2887.073	*	365
=	252.984					/	2887.073	*	365
=	31.98

Huili Resources (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
=	( (275.847	+	500.24)	/	2 )	/	1531.417	*	365 / 2
=	388.0435					/	1531.417	*	365 / 2
=	46.24

Huili Resources (Group) (HKSE:01303) 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.

Huili Resources (Group)'s Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1531.417	/	388.0435
	=	3.95

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.

Huili Resources (Group)'s Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	388.0435	/	1658.575
	=	0.23

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.

Huili Resources (Group) Days Inventory Related Terms

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

Huili Resources (Group) (HKSE:01303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huili Resources (Group) Ltd (HKSE:01303) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG

Website

http://www.huili.hk

Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.

Huili Resources (Group) (HKSE:01303) Headlines

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