Days Inventory is also known as Days Sales of Inventory (DSI). ArtGo Holdings's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$38.00 Mil. ArtGo Holdings's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$48.24 Mil.
Hence, ArtGo Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 143.76.
The historical rank and industry rank for ArtGo Holdings's Days Inventory or its related term are showing as below:
HKSE:03313'
s Days Inventory Range Over the Past 10 Years
Min: 45.65 Med: 171.75 Max: 318.28
Current: 205.8
During the past 12 years, ArtGo Holdings's highest Days Inventory was 318.28. The lowest was 45.65. And the median was 171.75.
HKSE:03313's Days Inventory is ranked worse than 86.34% of 1391
companies
in the Construction industry
Industry Median: 48.85
vs HKSE:03313: 205.80
ArtGo Holdings's Days Inventory
declined
from Dec. 2022 (185.16) to Dec. 2023 (143.76).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ArtGo Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.27.
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.
ArtGo Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.75.
ArtGo Holdings Days Inventory Historical Data
The historical data trend for ArtGo 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 ArtGo Holdings's Days Inventory
For the Building Products & Equipment subindustry, ArtGo 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.
ArtGo Holdings's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, ArtGo Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where ArtGo Holdings's Days Inventory falls into.
ArtGo Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ArtGo Holdings's Days Inventory for the fiscal year that ended in Dec. 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.
ArtGo Holdings (HKSE:03313) 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.
ArtGo Holdings's Inventory Turnover for the
six
months ended in Dec. 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.
ArtGo Holdings's Inventory to Revenue for the
six
months ended in Dec. 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.
ArtGo Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of ArtGo Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ArtGo Holdings Ltd is engaged n mining, processing, trading, and sales of marble stones and warehouse logistics business. The company operates in two business segments. The marble products segment produces marble stone products and calcium carbonate products mainly for further processing or trading, and the other segment includes the trading of commodities, and provision of warehousing and logistics services Geographically, the group derives revenue from the PRC.
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