World Super Holdings (HKSE:08612) Days Inventory : 3.62 (As of Dec. 2023)

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What is World Super Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). World Super Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.25 Mil. World Super Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$6.39 Mil. Hence, World Super Holdings's Days Inventory for the three months ended in Dec. 2023 was 3.62.

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

HKSE:08612' s Days Inventory Range Over the Past 10 Years
Min: 9.03 Med: 25.61 Max: 128.47
Current: 13.97

During the past 8 years, World Super Holdings's highest Days Inventory was 128.47. The lowest was 9.03. And the median was 25.61.

HKSE:08612's Days Inventory is ranked better than
63.29% of 681 companies
in the Business Services industry
Industry Median: 29.7 vs HKSE:08612: 13.97

World Super Holdings's Days Inventory declined from Dec. 2022 (32.17) to Dec. 2023 (3.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. World Super Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 25.24.

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. World Super Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.

World Super Holdings Days Inventory Historical Data

The historical data trend for World Super 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.

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World Super Holdings Days Inventory Chart

World Super Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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22.01

9.03

116.32

128.47

11.66

World Super Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															32.17	19.36	27.90	17.47	3.62

Competitive Comparison of World Super Holdings's Days Inventory

For the Rental & Leasing Services subindustry, World Super 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.

World Super Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Super Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where World Super Holdings's Days Inventory falls into.

World Super Holdings Days Inventory Calculation

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

World Super 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
=	( (0.992	+	0.253)	/	2 )	/	19.486	*	365
=	0.6225					/	19.486	*	365
=	11.66

World Super 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.253)	/	1 )	/	6.386	*	365 / 4
=	0.253					/	6.386	*	365 / 4
=	3.62

World Super Holdings (HKSE:08612) 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.

World Super Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.386	/	0.253
	=	25.24

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.

World Super Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.253	/	6.579
	=	0.04

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.

World Super Holdings Days Inventory Related Terms

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

World Super Holdings (HKSE:08612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Super Holdings Ltd (HKSE:08612) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Electric Road, Unit 3403, 34th Floor, AIA Tower, North Point, Hong Kong, HKG

Website

http://www.worldsuperhk.com

World Super Holdings Ltd is an investment holding company mainly engaged in plant hire services. The Company operates its business through different segments. The Plant Hire segment mainly engages in the provision of rental services of crawler cranes, oscillators, reverse circulation drills (RCDs), and hydro mill trench cutters for construction projects. The Trading of Machinery, Tool, and Part segment mainly engages in the trading of new or used crawler cranes, RCDs, trench cutters, oscillators, and related spare parts. The Transportation and Other Service segment mainly engages in the provision of transportation services in delivering the machinery to and from customers' designated sites and other services.

World Super Holdings (HKSE:08612) Headlines

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