Wison Engineering Services Co (HKSE:02236) Days Inventory : 7.96 (As of Dec. 2023)

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What is Wison Engineering Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wison Engineering Services Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$89 Mil. Wison Engineering Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,041 Mil. Hence, Wison Engineering Services Co's Days Inventory for the six months ended in Dec. 2023 was 7.96.

The historical rank and industry rank for Wison Engineering Services Co's Days Inventory or its related term are showing as below:

HKSE:02236' s Days Inventory Range Over the Past 10 Years
Min: 2.44 Med: 9.3 Max: 24.98
Current: 9.82

During the past 13 years, Wison Engineering Services Co's highest Days Inventory was 24.98. The lowest was 2.44. And the median was 9.30.

HKSE:02236's Days Inventory is ranked better than
77.62% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs HKSE:02236: 9.82

Wison Engineering Services Co's Days Inventory declined from Dec. 2022 (8.65) to Dec. 2023 (7.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wison Engineering Services Co's Inventory Turnover for the six months ended in Dec. 2023 was 22.92.

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. Wison Engineering Services Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Wison Engineering Services Co Days Inventory Historical Data

The historical data trend for Wison Engineering Services 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.

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Wison Engineering Services Co Days Inventory Chart

Wison Engineering Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.05

7.49

9.45

13.72

9.15

Wison Engineering Services 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															11.43	14.22	8.65	12.49	7.96

Competitive Comparison of Wison Engineering Services Co's Days Inventory

For the Engineering & Construction subindustry, Wison Engineering Services 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.

Wison Engineering Services Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wison Engineering Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wison Engineering Services Co's Days Inventory falls into.

Wison Engineering Services Co Days Inventory Calculation

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

Wison Engineering Services 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
=	( (141.094	+	57.136)	/	2 )	/	3954.576	*	365
=	99.115					/	3954.576	*	365
=	9.15

Wison Engineering Services 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
=	( (120.931	+	57.136)	/	2 )	/	2040.941	*	365 / 2
=	89.0335					/	2040.941	*	365 / 2
=	7.96

Wison Engineering Services Co (HKSE:02236) 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.

Wison Engineering Services Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2040.941	/	89.0335
	=	22.92

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.

Wison Engineering Services Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89.0335	/	2131.882
	=	0.04

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.

Wison Engineering Services Co Days Inventory Related Terms

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

Wison Engineering Services Co (HKSE:02236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wison Engineering Services Co Ltd (HKSE:02236) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

633 Zhongke Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN, 201210

Website

http://www.wison-engineering.com

Wison Engineering Services Co Ltd is an investment holding company engaged in the provision of chemical engineering, procurement, and construction management, or EPC, services. The Group provides a broad range of integrated services spanning the project lifecycle from feasibility studies, consulting services, provision of proprietary technologies, design, engineering, raw materials, and equipment procurement and construction management to maintenance and after-sale technical support. The company has two operating segments; Engineering, procurement, and construction (EPC); and Engineering, consulting, and technical services. It derives a majority of its revenue from the EPC segment.

Executives

Wison Engineering Investment Limited	2101 Beneficial owner
Wison Group Holding Limited	2201 Interest of corporation controlled by you
Hua Bangsong	2201 Interest of corporation controlled by you
Huang Xing	2202 Interest of your spouse

Wison Engineering Services Co (HKSE:02236) Headlines

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