The historical rank and industry rank for DaChan Food (Asia)'s Days Inventory or its related term are showing as below:
HKSE:03999'
s Days Inventory Range Over the Past 10 Years
Min: 35.82 Med: 50.86 Max: 72.49
Current: 64.64
During the past 13 years, DaChan Food (Asia)'s highest Days Inventory was 72.49. The lowest was 35.82. And the median was 50.86.
HKSE:03999's Days Inventory is ranked better than 63.71% of 1783
companies
in the Consumer Packaged Goods industry
Industry Median: 83.69
vs HKSE:03999: 64.64
DaChan Food (Asia)'s Days Inventory
declined
from Sep. 2022 (49.12) to Dec. 2023 (44.57).
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.
DaChan Food (Asia)'s Inventory Turnover for the
three
months ended in Dec. 2023 was 2.05.
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.
DaChan Food (Asia)'s Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.44.
DaChan Food (Asia) Days Inventory Historical Data
The historical data trend for DaChan Food (Asia)'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 DaChan Food (Asia)'s Days Inventory
For the Packaged Foods subindustry, DaChan Food (Asia)'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.
DaChan Food (Asia)'s Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, DaChan Food (Asia)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where DaChan Food (Asia)'s Days Inventory falls into.
DaChan Food (Asia) Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
DaChan Food (Asia)'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.
DaChan Food (Asia) (HKSE:03999) 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.
DaChan Food (Asia)'s Inventory Turnover for the
three
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.
DaChan Food (Asia)'s Inventory to Revenue for the
three
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.
DaChan Food (Asia) Days Inventory Related Terms
Thank you for viewing the detailed overview of DaChan Food (Asia)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
DaChan Food (Asia) (HKSE:03999) Business Description
DaChan Food (Asia) Ltd is an investment holding company. It operates through three segments namely, the Chicken Meat segment which carries on a business of broiler farming, hatching of broiler breeder eggs, contract farming, processing and marketing of chilled and frozen chicken meat marketed under the brand of DaChan and Sisters' Kitchen; The Livestock feeds segment manufactures and distributes complete feed, base mix and pre-mix for swine, layer, broiler, duck, and breeder poultry under the brands of Dr. Nupak, DaChan, and Green Knight; and The Processed food segment produces and distributes pickled, pre-fried, and instant food. The geographical regions of the group are The PRC, Japan and Rest of Asia Pacific.
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