Hao Tian International Construction Investment Group (HKSE:01341) Days Inventory : 1,155.83 (As of Sep. 2023)

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What is Hao Tian International Construction Investment Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hao Tian International Construction Investment Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$342.0 Mil. Hao Tian International Construction Investment Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$54.0 Mil. Hence, Hao Tian International Construction Investment Group's Days Inventory for the six months ended in Sep. 2023 was 1,155.83.

The historical rank and industry rank for Hao Tian International Construction Investment Group's Days Inventory or its related term are showing as below:

HKSE:01341' s Days Inventory Range Over the Past 10 Years
Min: 1.06 Med: 19.78 Max: 1053.18
Current: 899.28

During the past 9 years, Hao Tian International Construction Investment Group's highest Days Inventory was 1053.18. The lowest was 1.06. And the median was 19.78.

HKSE:01341's Days Inventory is ranked worse than
98.09% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs HKSE:01341: 899.28

Hao Tian International Construction Investment Group's Days Inventory increased from Sep. 2022 (808.70) to Sep. 2023 (1,155.83). It might indicate that Hao Tian International Construction Investment Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hao Tian International Construction Investment Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.16.

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. Hao Tian International Construction Investment Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 3.98.

Hao Tian International Construction Investment Group Days Inventory Historical Data

The historical data trend for Hao Tian International Construction Investment 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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Hao Tian International Construction Investment Group Days Inventory Chart

Hao Tian International Construction Investment Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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19.78

124.09

781.73

1,053.18

807.90

Hao Tian International Construction Investment Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial													1,096.32	905.20	808.70	748.47	1,155.83

Competitive Comparison of Hao Tian International Construction Investment Group's Days Inventory

For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment 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.

Hao Tian International Construction Investment Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hao Tian International Construction Investment Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hao Tian International Construction Investment Group's Days Inventory falls into.

Hao Tian International Construction Investment Group Days Inventory Calculation

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

Hao Tian International Construction Investment Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (373	+	353)	/	2 )	/	164	*	365
=	363					/	164	*	365
=	807.90

Hao Tian International Construction Investment Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (353	+	331)	/	2 )	/	54	*	365 / 2
=	342					/	54	*	365 / 2
=	1,155.83

Hao Tian International Construction Investment Group (HKSE:01341) 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.

Hao Tian International Construction Investment Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54	/	342
	=	0.16

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.

Hao Tian International Construction Investment Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	342	/	86
	=	3.98

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.

Hao Tian International Construction Investment Group Days Inventory Related Terms

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

Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hao Tian International Construction Investment Group Ltd (HKSE:01341) » Definitions » Days Inventory

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HAOTF:USA

Address

6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.haotianint.com.hk

Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.

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