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Nameson Holdings (HKSE:01982) Days Inventory : 69.22 (As of Sep. 2023)


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What is Nameson Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nameson Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$845 Mil. Nameson Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2,228 Mil. Hence, Nameson Holdings's Days Inventory for the six months ended in Sep. 2023 was 69.22.

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

HKSE:01982' s Days Inventory Range Over the Past 10 Years
Min: 71.84   Med: 92.51   Max: 108.2
Current: 86.6

During the past 11 years, Nameson Holdings's highest Days Inventory was 108.20. The lowest was 71.84. And the median was 92.51.

HKSE:01982's Days Inventory is ranked better than
69.73% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.68 vs HKSE:01982: 86.60

Nameson Holdings's Days Inventory declined from Sep. 2022 (69.37) to Sep. 2023 (69.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nameson Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 2.64.

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. Nameson Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.31.


Nameson Holdings Days Inventory Historical Data

The historical data trend for Nameson 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.

* Premium members only.

Nameson Holdings Days Inventory Chart

Nameson Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.19 92.30 88.61 103.05 103.78

Nameson Holdings Semi-Annual Data
Mar14 Sep14 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 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 69.40 138.71 69.37 131.41 69.22

Competitive Comparison of Nameson Holdings's Days Inventory

For the Apparel Manufacturing subindustry, Nameson 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.


Nameson Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nameson Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nameson Holdings's Days Inventory falls into.



Nameson Holdings Days Inventory Calculation

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

Nameson Holdings'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
=( (1161.246 + 1032.006) / 2 ) / 3856.803*365
=1096.626 / 3856.803*365
=103.78

Nameson Holdings'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
=( (1032.006 + 658.502) / 2 ) / 2228.388*365 / 2
=845.254 / 2228.388*365 / 2
=69.22

* 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.


Nameson Holdings  (HKSE:01982) 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.

Nameson 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.

Nameson 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.


Nameson Holdings Days Inventory Related Terms

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


Nameson Holdings (HKSE:01982) Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Units A-C, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG
Nameson Holdings Ltd is an investment holding company. The company's operating segment is the Manufacturing of knitwear products. The services offered by the company are raw material development and procurement, product design, sample manufacturing, high-quality production, quality control, and timely delivery of products. The Business activity of the group has a presence in Japan, Mainland China, North America, and Europe, among other countries of which Japan derives a majority of the revenue.

Nameson Holdings (HKSE:01982) Headlines

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