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Kaixin Holdings (Kaixin Holdings) Days Inventory : 0.68 (As of Dec. 2023)


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What is Kaixin Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaixin Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.05 Mil. Kaixin Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $12.53 Mil. Hence, Kaixin Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.68.

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

KXIN' s Days Inventory Range Over the Past 10 Years
Min: 0.49   Med: 0.97   Max: 6347.43
Current: 0.49

During the past 8 years, Kaixin Holdings's highest Days Inventory was 6347.43. The lowest was 0.49. And the median was 0.97.

KXIN's Days Inventory is ranked better than
99.68% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs KXIN: 0.49

Kaixin Holdings's Days Inventory increased from Dec. 2022 (0.12) to Dec. 2023 (0.68). It might indicate that Kaixin Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaixin Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 266.49.

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. Kaixin Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Kaixin Holdings Days Inventory Historical Data

The historical data trend for Kaixin 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.

* Premium members only.

Kaixin Holdings Days Inventory Chart

Kaixin Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 167.78 6,347.43 0.59 0.97 0.56

Kaixin Holdings Semi-Annual Data
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 0.39 2.23 0.12 0.29 0.68

Competitive Comparison of Kaixin Holdings's Days Inventory

For the Auto & Truck Dealerships subindustry, Kaixin 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.


Kaixin Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kaixin Holdings's Days Inventory distribution charts can be found below:

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



Kaixin Holdings Days Inventory Calculation

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

Kaixin 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
=( (0.031 + 0.065) / 2 ) / 31.193*365
=0.048 / 31.193*365
=0.56

Kaixin 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.029 + 0.065) / 2 ) / 12.525*365 / 2
=0.047 / 12.525*365 / 2
=0.68

* 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.


Kaixin Holdings  (NAS:KXIN) 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.

Kaixin Holdings'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.

Kaixin Holdings'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.


Kaixin Holdings Days Inventory Related Terms

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


Kaixin Holdings (Kaixin Holdings) Business Description

Traded in Other Exchanges
Address
Huagong Road, 9th Floor, Tower A, Dongjin International Center, Chaoyang District, Beijing, CHN, 100015
Kaixin Auto Holdings is an auto retail platform for luxury used cars and imported new cars. The company is actively engaged in the research and development, design, manufacturing, and sales of electric vehicles and promotes the innovation of next-generation autonomous driving and artificial intelligence technologies. The company primarily generates revenues from sales of used cars, as well as fees obtained from its role as a channel partner for third-party auto financing and other value-added service providers.
Executives
Value Fund Shareholder 10 percent owner SUITE 100-1004, 10F,ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 0000000
Sing Wang director SUITE 1003-1004, 10/F, ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 00000
Renren Inc. 10 percent owner 45 WEST BUCHANAN STREET, PHOENIX AZ 85003
Jun Ma officer: Chief Technology Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Joseph Chen director 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Chen Ji officer: Chief Executive Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Xiaoguang Li officer: Vice President of Marketing C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Zhu officer: VP of FP and CM C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Jinfeng Xie officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Suli Cui officer: Vice President of Finance C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Tianruo Pu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Thomas Jintao Ren officer: Chief Financial Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6