TIL Enviro (HKSE:01790) Days Inventory : 7.87 (As of Dec. 2023)

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What is TIL Enviro Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TIL Enviro's Average Total Inventories for the six months ended in Dec. 2023 was HK$1.5 Mil. TIL Enviro's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$35.2 Mil. Hence, TIL Enviro's Days Inventory for the six months ended in Dec. 2023 was 7.87.

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

HKSE:01790' s Days Inventory Range Over the Past 10 Years
Min: 0.49 Med: 1.36 Max: 13.23
Current: 9.18

During the past 9 years, TIL Enviro's highest Days Inventory was 13.23. The lowest was 0.49. And the median was 1.36.

HKSE:01790's Days Inventory is not ranked
in the Waste Management industry.
Industry Median: 23.5 vs HKSE:01790: 9.18

TIL Enviro's Days Inventory declined from Dec. 2022 (9.06) to Dec. 2023 (7.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. TIL Enviro's Inventory Turnover for the six months ended in Dec. 2023 was 23.20.

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. TIL Enviro's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

TIL Enviro Days Inventory Historical Data

The historical data trend for TIL Enviro'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.

TIL Enviro Days Inventory Chart

TIL Enviro Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.99

4.05

13.23

9.42

10.42

TIL Enviro Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial										82.73	8.24	9.06	9.36	7.87

Competitive Comparison of TIL Enviro's Days Inventory

For the Waste Management subindustry, TIL Enviro'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.

TIL Enviro's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, TIL Enviro's Days Inventory distribution charts can be found below:

* The bar in red indicates where TIL Enviro's Days Inventory falls into.

TIL Enviro Days Inventory Calculation

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

TIL Enviro'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
=	( (1.961	+	1.821)	/	2 )	/	66.244	*	365
=	1.891					/	66.244	*	365
=	10.42

TIL Enviro'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
=	( (1.218	+	1.821)	/	2 )	/	35.247	*	365 / 2
=	1.5195					/	35.247	*	365 / 2
=	7.87

TIL Enviro (HKSE:01790) 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.

TIL Enviro's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.247	/	1.5195
	=	23.20

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.

TIL Enviro's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.5195	/	79.518
	=	0.02

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.

TIL Enviro Days Inventory Related Terms

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

TIL Enviro (HKSE:01790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » TIL Enviro Ltd (HKSE:01790) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 233 Tianhe North Road, Unit 08, Level 61, CITIC Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510613

Website

http://www.tilenviro.com

TIL Enviro Ltd is a wastewater treatment service provider operating and managing wastewater treatment facilities. The company's business divisions include Wastewater treatment operation services, Recycle water supply operation services, Wastewater treatment construction services, and Finance income from service concession arrangement. Geographically, it generates a majority of its revenue from the People's Republic of China.

TIL Enviro (HKSE:01790) Headlines

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