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HG Semiconductor (HKSE:06908) Days Inventory : 239.24 (As of Dec. 2023)


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What is HG Semiconductor Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HG Semiconductor's Average Total Inventories for the six months ended in Dec. 2023 was HK$53.34 Mil. HG Semiconductor's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$40.69 Mil. Hence, HG Semiconductor's Days Inventory for the six months ended in Dec. 2023 was 239.24.

The historical rank and industry rank for HG Semiconductor's Days Inventory or its related term are showing as below:

HKSE:06908' s Days Inventory Range Over the Past 10 Years
Min: 39.12   Med: 87.92   Max: 251.59
Current: 239.67

During the past 10 years, HG Semiconductor's highest Days Inventory was 251.59. The lowest was 39.12. And the median was 87.92.

HKSE:06908's Days Inventory is ranked worse than
82.88% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs HKSE:06908: 239.67

HG Semiconductor's Days Inventory declined from Dec. 2022 (294.85) to Dec. 2023 (239.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. HG Semiconductor's Inventory Turnover for the six months ended in Dec. 2023 was 0.76.

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. HG Semiconductor's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.14.


HG Semiconductor Days Inventory Historical Data

The historical data trend for HG Semiconductor'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.

HG Semiconductor Days Inventory Chart

HG Semiconductor 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 40.29 115.21 132.03 251.59 248.38

HG Semiconductor Semi-Annual Data
Dec14 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 172.71 234.95 294.85 231.89 239.24

Competitive Comparison of HG Semiconductor's Days Inventory

For the Electrical Equipment & Parts subindustry, HG Semiconductor'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.


HG Semiconductor's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HG Semiconductor's Days Inventory distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's Days Inventory falls into.



HG Semiconductor Days Inventory Calculation

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

HG Semiconductor'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
=( (65.829 + 53.363) / 2 ) / 87.577*365
=59.596 / 87.577*365
=248.38

HG Semiconductor'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
=( (53.323 + 53.363) / 2 ) / 40.691*365 / 2
=53.343 / 40.691*365 / 2
=239.24

* 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.


HG Semiconductor  (HKSE:06908) 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.

HG Semiconductor'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.

HG Semiconductor'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.


HG Semiconductor Days Inventory Related Terms

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


HG Semiconductor (HKSE:06908) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.
Executives
Zhan Haisu 2201 Interest of corporation controlled by you
Jovial Star International Limited 2101 Beneficial owner
Zhuang Chan Ling 2202 Interest of your spouse
First Global Limited 2101 Beneficial owner
Zhao Yi Wen 2201 Interest of corporation controlled by you
Qin Xiaolu 2101 Beneficial owner
Profit Act Limited 2101 Beneficial owner
Profit Times International Limited 2201 Interest of corporation controlled by you
Zhu Gongshan 2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin 2101 Beneficial owner
Bigfair Enterprises Limited 2101 Beneficial owner
Chiu Kwai San 2201 Interest of corporation controlled by you
Wong Ching Ming 2202 Interest of your spouse
Qin Anqi 2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited 2101 Beneficial owner

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