GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Steed Oriental (Holdings) Co Ltd (HKSE:08277) » Definitions » Days Inventory

Steed Oriental (Holdings) Co (HKSE:08277) Days Inventory : 397.11 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Steed Oriental (Holdings) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Steed Oriental (Holdings) Co's Average Total Inventories for the three months ended in Sep. 2023 was HK$38.80 Mil. Steed Oriental (Holdings) Co's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$8.92 Mil. Hence, Steed Oriental (Holdings) Co's Days Inventory for the three months ended in Sep. 2023 was 397.11.

The historical rank and industry rank for Steed Oriental (Holdings) Co's Days Inventory or its related term are showing as below:

HKSE:08277' s Days Inventory Range Over the Past 10 Years
Min: 57.92   Med: 88.55   Max: 621.7
Current: 328.83

During the past 10 years, Steed Oriental (Holdings) Co's highest Days Inventory was 621.70. The lowest was 57.92. And the median was 88.55.

HKSE:08277's Days Inventory is ranked worse than
93.86% of 277 companies
in the Forest Products industry
Industry Median: 88.39 vs HKSE:08277: 328.83

Steed Oriental (Holdings) Co's Days Inventory increased from Sep. 2022 (151.39) to Sep. 2023 (397.11). It might indicate that Steed Oriental (Holdings) Co'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. Steed Oriental (Holdings) Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.23.

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. Steed Oriental (Holdings) Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 3.12.


Steed Oriental (Holdings) Co Days Inventory Historical Data

The historical data trend for Steed Oriental (Holdings) Co'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.

Steed Oriental (Holdings) Co Days Inventory Chart

Steed Oriental (Holdings) Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.60 130.57 277.03 165.39 621.70

Steed Oriental (Holdings) Co 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 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 151.39 2,801.79 - 93.56 397.11

Competitive Comparison of Steed Oriental (Holdings) Co's Days Inventory

For the Lumber & Wood Production subindustry, Steed Oriental (Holdings) Co'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.


Steed Oriental (Holdings) Co's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Steed Oriental (Holdings) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Steed Oriental (Holdings) Co's Days Inventory falls into.



Steed Oriental (Holdings) Co Days Inventory Calculation

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

Steed Oriental (Holdings) Co'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
=( (16.465 + 19.372) / 2 ) / 10.52*365
=17.9185 / 10.52*365
=621.70

Steed Oriental (Holdings) Co'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 + 38.801) / 1 ) / 8.916*365 / 4
=38.801 / 8.916*365 / 4
=397.11

* 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.


Steed Oriental (Holdings) Co  (HKSE:08277) 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.

Steed Oriental (Holdings) Co's Inventory Turnover for the three months ended in Sep. 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.

Steed Oriental (Holdings) Co's Inventory to Revenue for the three months ended in Sep. 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.


Steed Oriental (Holdings) Co Days Inventory Related Terms

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


Steed Oriental (Holdings) Co (HKSE:08277) Business Description

Traded in Other Exchanges
N/A
Address
No. 303 Hennessy Road, Room 2104, 21st Floor, OfficePlus @Wan Chai, Wanchai, Hong Kong, HKG
Steed Oriental (Holdings) Co Ltd is an investment holding company. The company is engaged in the sourcing, manufacturing, and sale of plywood products and other wooden products. It generates revenue from Sales of General plywood, Packing plywood, Structural panel, Floor base, Supplementary materials and others. Geographically, it derives a majority of its revenue from Japan and also has a presence in the PRC, Thailand, Hong Kong and other countries.
Executives
Sun Xue Song 2101 Beneficial owner
Xue Zhao Qiang 2101 Beneficial owner
Sun Xue Song 2101 Beneficial owner

Steed Oriental (Holdings) Co (HKSE:08277) Headlines

No Headlines