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GCL Technology Holdings (HKSE:03800) Days Inventory : 52.64 (As of Dec. 2023)


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What is GCL Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GCL Technology Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$3,104 Mil. GCL Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$10,763 Mil. Hence, GCL Technology Holdings's Days Inventory for the six months ended in Dec. 2023 was 52.64.

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

HKSE:03800' s Days Inventory Range Over the Past 10 Years
Min: 19.95   Med: 26.84   Max: 48.86
Current: 45.98

During the past 13 years, GCL Technology Holdings's highest Days Inventory was 48.86. The lowest was 19.95. And the median was 26.84.

HKSE:03800's Days Inventory is ranked better than
85.85% of 940 companies
in the Semiconductors industry
Industry Median: 130.435 vs HKSE:03800: 45.98

GCL Technology Holdings's Days Inventory increased from Dec. 2022 (31.82) to Dec. 2023 (52.64). It might indicate that GCL Technology Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. GCL Technology Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 3.47.

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. GCL Technology Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.


GCL Technology Holdings Days Inventory Historical Data

The historical data trend for GCL Technology 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.

GCL Technology Holdings Days Inventory Chart

GCL Technology Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.09 19.95 23.00 35.93 45.82

GCL Technology Holdings 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 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 29.06 24.88 31.82 40.75 52.64

Competitive Comparison of GCL Technology Holdings's Days Inventory

For the Solar subindustry, GCL Technology 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.


GCL Technology Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCL Technology Holdings's Days Inventory distribution charts can be found below:

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



GCL Technology Holdings Days Inventory Calculation

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

GCL Technology Holdings'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
=( (2889.33 + 3154.727) / 2 ) / 24072.22*365
=3022.0285 / 24072.22*365
=45.82

GCL Technology Holdings'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
=( (3054.122 + 3154.727) / 2 ) / 10763.153*365 / 2
=3104.4245 / 10763.153*365 / 2
=52.64

* 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.


GCL Technology Holdings  (HKSE:03800) 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.

GCL Technology 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.

GCL Technology Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3104.4245 / 13950.686
=0.22

* 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.


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.


GCL Technology Holdings Days Inventory Related Terms

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


GCL Technology Holdings (HKSE:03800) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG
GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafer to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.

GCL Technology Holdings (HKSE:03800) Headlines

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