The historical rank and industry rank for China Wantian Holdings's Days Inventory or its related term are showing as below:
HKSE:01854'
s Days Inventory Range Over the Past 10 Years
Min: 0.82 Med: 1.75 Max: 3.08
Current: 3.08
During the past 8 years, China Wantian Holdings's highest Days Inventory was 3.08. The lowest was 0.82. And the median was 1.75.
HKSE:01854's Days Inventory is ranked better than 99.33% of 299
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs HKSE:01854: 3.08
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Wantian Holdings's Inventory Turnover for the
six
months ended in Sep. 2023 was 43.47.
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.
China Wantian Holdings's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.02.
China Wantian Holdings Days Inventory Historical Data
The historical data trend for China Wantian Holdings'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.
Competitive Comparison of China Wantian Holdings's Days Inventory
For the Food Distribution subindustry, China Wantian Holdings'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.
China Wantian Holdings's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, China Wantian Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Wantian Holdings's Days Inventory falls into.
China Wantian Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Wantian Holdings's Days Inventory for the fiscal year that ended in Mar. 2022 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.
China Wantian Holdings (HKSE:01854) 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.
China Wantian Holdings'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.
China Wantian Holdings'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.
China Wantian Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of China Wantian Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Wantian Holdings (HKSE:01854) Business Description
China Wantian Holdings Ltd is engaged in the provision of vegetables and fruits. It provides procurement, selection, packaging, treating, processing and distribution of vegetables and fruit ingredients. The company offers leaf vegetables, melon and fruit vegetables, root and rhizome vegetables, herbs and spices, mushrooms, fruits, processed fruits and vegetables, and others. The group's business falls under the primary segment of Sourcing, processing and supplying food ingredients to foodservice operators in Hong Kong. The Group has three reportable segments, namely green food supply; green catering; and environmental protection and technology.
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