GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Best Food Holding Co Ltd (HKSE:01488) » Definitions » Days Inventory

Best Food Holding Co (HKSE:01488) Days Inventory : 19.65 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Best Food Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Best Food Holding Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$26.9 Mil. Best Food Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$249.9 Mil. Hence, Best Food Holding Co's Days Inventory for the six months ended in Dec. 2023 was 19.65.

The historical rank and industry rank for Best Food Holding Co's Days Inventory or its related term are showing as below:

HKSE:01488' s Days Inventory Range Over the Past 10 Years
Min: 19.66   Med: 53.21   Max: 165.54
Current: 20.14

During the past 13 years, Best Food Holding Co's highest Days Inventory was 165.54. The lowest was 19.66. And the median was 53.21.

HKSE:01488's Days Inventory is ranked worse than
59.35% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs HKSE:01488: 20.14

Best Food Holding Co's Days Inventory declined from Dec. 2022 (24.80) to Dec. 2023 (19.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Best Food Holding Co's Inventory Turnover for the six months ended in Dec. 2023 was 9.29.

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. Best Food Holding Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


Best Food Holding Co Days Inventory Historical Data

The historical data trend for Best Food Holding 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.

Best Food Holding Co Days Inventory Chart

Best Food Holding 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 59.10 25.25 22.36 27.33 19.66

Best Food Holding 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 22.61 28.63 24.80 21.15 19.65

Competitive Comparison of Best Food Holding Co's Days Inventory

For the Restaurants subindustry, Best Food Holding 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.


Best Food Holding Co's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Best Food Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Best Food Holding Co's Days Inventory falls into.



Best Food Holding Co Days Inventory Calculation

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

Best Food Holding 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
=( (27.037 + 25.569) / 2 ) / 488.396*365
=26.303 / 488.396*365
=19.66

Best Food Holding 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
=( (28.25 + 25.569) / 2 ) / 249.888*365 / 2
=26.9095 / 249.888*365 / 2
=19.65

* 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.


Best Food Holding Co  (HKSE:01488) 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.

Best Food Holding 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.

Best Food Holding 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.


Best Food Holding Co Days Inventory Related Terms

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


Best Food Holding Co (HKSE:01488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Finance Street, Suite 11, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Best Food Holding Co Ltd is principally engaged in the operation of chain restaurants. It is involved in the Chinese fast-food restaurant chain and actively seeks relevant investment opportunities along the value chain of the catering industry. Its revenue is generated from the Food and beverage business. Geographically, it derives maximum revenue from PRC. It also has operations in the USA, Canada, Italy, Germany, Hong Kong, South American countries, UK, the Netherlands, the Middle East and Africa, Other European countries, and Other Asian countries.

Best Food Holding Co (HKSE:01488) Headlines

No Headlines