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Capital Environment Holdings (HKSE:03989) Days Inventory : 9.67 (As of Dec. 2023)


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What is Capital Environment Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Capital Environment Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$83 Mil. Capital Environment Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,568 Mil. Hence, Capital Environment Holdings's Days Inventory for the six months ended in Dec. 2023 was 9.67.

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

HKSE:03989' s Days Inventory Range Over the Past 10 Years
Min: 4.81   Med: 6.49   Max: 13.27
Current: 9.88

During the past 13 years, Capital Environment Holdings's highest Days Inventory was 13.27. The lowest was 4.81. And the median was 6.49.

HKSE:03989's Days Inventory is ranked better than
68.1% of 210 companies
in the Waste Management industry
Industry Median: 23.52 vs HKSE:03989: 9.88

Capital Environment Holdings's Days Inventory increased from Dec. 2022 (8.45) to Dec. 2023 (9.67). It might indicate that Capital Environment Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capital Environment Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 18.88.

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. Capital Environment Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Capital Environment Holdings Days Inventory Historical Data

The historical data trend for Capital Environment 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.

Capital Environment Holdings Days Inventory Chart

Capital Environment 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 5.67 6.23 8.61 7.87 9.78

Capital Environment 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 8.17 7.06 8.45 10.23 9.67

Competitive Comparison of Capital Environment Holdings's Days Inventory

For the Waste Management subindustry, Capital Environment 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.


Capital Environment Holdings's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Capital Environment Holdings's Days Inventory distribution charts can be found below:

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



Capital Environment Holdings Days Inventory Calculation

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

Capital Environment 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
=( (72.843 + 84.895) / 2 ) / 2942.076*365
=78.869 / 2942.076*365
=9.78

Capital Environment 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
=( (81.176 + 84.895) / 2 ) / 1567.662*365 / 2
=83.0355 / 1567.662*365 / 2
=9.67

* 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.


Capital Environment Holdings  (HKSE:03989) 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.

Capital Environment 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.

Capital Environment 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.


Capital Environment Holdings Days Inventory Related Terms

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


Capital Environment Holdings (HKSE:03989) Business Description

Traded in Other Exchanges
Address
12 Harcourt Road, Bank of America Tower, Unit 1613-1618, 16th Floor, Central, Hong Kong, HKG
Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business in the PRC.

Capital Environment Holdings (HKSE:03989) Headlines

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