KML Technology Group (HKSE:08065) Days Inventory : 0.57 (As of Sep. 2023)

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What is KML Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KML Technology Group's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.2 Mil. KML Technology Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$37.5 Mil. Hence, KML Technology Group's Days Inventory for the three months ended in Sep. 2023 was 0.57.

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

HKSE:08065' s Days Inventory Range Over the Past 10 Years
Min: 0.55 Med: 1.1 Max: 1.99
Current: 0.55

During the past 8 years, KML Technology Group's highest Days Inventory was 1.99. The lowest was 0.55. And the median was 1.10.

HKSE:08065's Days Inventory is ranked better than
96.84% of 1391 companies
in the Construction industry
Industry Median: 48.75 vs HKSE:08065: 0.55

KML Technology Group's Days Inventory declined from Sep. 2022 (0.84) to Sep. 2023 (0.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. KML Technology Group's Inventory Turnover for the three months ended in Sep. 2023 was 158.74.

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. KML Technology Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.01.

KML Technology Group Days Inventory Historical Data

The historical data trend for KML Technology Group'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.

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KML Technology Group Days Inventory Chart

KML Technology Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

1.23

0.97

0.71

0.80

0.60

KML Technology Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															0.84	0.78	0.39	0.55	0.57

Competitive Comparison of KML Technology Group's Days Inventory

For the Infrastructure Operations subindustry, KML Technology Group'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.

KML Technology Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, KML Technology Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where KML Technology Group's Days Inventory falls into.

KML Technology Group Days Inventory Calculation

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

KML Technology Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.237	+	0.236)	/	2 )	/	143.523	*	365
=	0.2365					/	143.523	*	365
=	0.60

KML Technology Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.236)	/	1 )	/	37.462	*	365 / 4
=	0.236					/	37.462	*	365 / 4
=	0.57

KML Technology Group (HKSE:08065) 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.

KML Technology Group's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37.462	/	0.236
	=	158.74

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.

KML Technology Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.236	/	43.604
	=	0.01

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.

KML Technology Group Days Inventory Related Terms

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

KML Technology Group (HKSE:08065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KML Technology Group Ltd (HKSE:08065) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Siu Lek Yuen Road, B12, Ground Floor, Shatin Industrial Centre, Shatin, New Territories, Hong Kong, HKG

Website

http://www.kml.com.hk

KML Technology Group Ltd is an investment holding company. The company is engaged in the provision of electrical and mechanical engineering solutions and services. Its operating segment includes Transportation Mission Critical System Solutions, Mobile Ticketing and Digital Payment Solutions and Services, M&E Technology Solutions and Engineering Services and Digital Fabrication and Maintenance Services. The company generates maximum revenue from Digital Fabrication and Maintenance Service segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Taiwan, Singapore, Canada, and Others Countries. It also provides security and access control systems, railway station engineering services and architectural works and others.

Executives

Luk Yin Cheung	2202 Interest of your spouse
Woo Siu Wai	2101 Beneficial owner
Leung Kwok Yee	2202 Interest of your spouse
Luk Kam Ming	2101 Beneficial owner
Kml Holdings Limited
Chan Patricia
Luk Kwai Lung

KML Technology Group (HKSE:08065) Headlines

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