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Ulferts International (HKSE:01711) Days Inventory : 202.02 (As of Sep. 2023)


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What is Ulferts International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ulferts International's Average Total Inventories for the six months ended in Sep. 2023 was HK$42.3 Mil. Ulferts International's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$38.3 Mil. Hence, Ulferts International's Days Inventory for the six months ended in Sep. 2023 was 202.02.

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

HKSE:01711' s Days Inventory Range Over the Past 10 Years
Min: 147.66   Med: 178.7   Max: 232.45
Current: 213.35

During the past 9 years, Ulferts International's highest Days Inventory was 232.45. The lowest was 147.66. And the median was 178.70.

HKSE:01711's Days Inventory is ranked worse than
78.58% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs HKSE:01711: 213.35

Ulferts International's Days Inventory declined from Sep. 2022 (213.42) to Sep. 2023 (202.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ulferts International's Inventory Turnover for the six months ended in Sep. 2023 was 0.90.

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. Ulferts International's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.47.


Ulferts International Days Inventory Historical Data

The historical data trend for Ulferts International'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.

Ulferts International Days Inventory Chart

Ulferts International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 182.21 178.70 187.96 232.45 223.21

Ulferts International Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 228.54 219.37 213.42 223.20 202.02

Competitive Comparison of Ulferts International's Days Inventory

For the Specialty Retail subindustry, Ulferts International'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.


Ulferts International's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ulferts International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ulferts International's Days Inventory falls into.



Ulferts International Days Inventory Calculation

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

Ulferts International'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
=( (57.833 + 43.639) / 2 ) / 82.964*365
=50.736 / 82.964*365
=223.21

Ulferts International'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
=( (43.639 + 41.06) / 2 ) / 38.257*365 / 2
=42.3495 / 38.257*365 / 2
=202.02

* 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.


Ulferts International  (HKSE:01711) 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.

Ulferts International's Inventory Turnover for the six months ended in Sep. 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.

Ulferts International's Inventory to Revenue for the six months ended in Sep. 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.


Ulferts International Days Inventory Related Terms

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


Ulferts International (HKSE:01711) Business Description

Traded in Other Exchanges
N/A
Address
288 Hennessy Road, Units 1905-07, 19th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Ulferts International Ltd is an investment holding company. The company is engaged in the retail of imported furniture; wholesale of imported furniture and project sales. It generates maximum revenue from the retail of furniture. Geographically, it derives revenue from Hong Kong. The company offers sofabeds, adjustable beds, and other ancillary items such as pillows, mattress toppers and mattress protectors.
Executives
Yeung Ching Loong Alexander 2501 Other
First Trust Management Ag 2301 Trustee
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Albert Yeung Investments Holdings Limited 2201 Interest of corporation controlled by you

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