China Kunda Technology Holdings (SGX:GU5) Days Inventory : 39.77 (As of Sep. 2023)

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What is China Kunda Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Kunda Technology Holdings's Average Total Inventories for the six months ended in Sep. 2023 was S$0.47 Mil. China Kunda Technology Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was S$2.13 Mil. Hence, China Kunda Technology Holdings's Days Inventory for the six months ended in Sep. 2023 was 39.77.

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

SGX:GU5' s Days Inventory Range Over the Past 10 Years
Min: 23.82 Med: 61.92 Max: 314.79
Current: 37.59

During the past 13 years, China Kunda Technology Holdings's highest Days Inventory was 314.79. The lowest was 23.82. And the median was 61.92.

SGX:GU5's Days Inventory is ranked better than
92.72% of 2898 companies
in the Industrial Products industry
Industry Median: 121.615 vs SGX:GU5: 37.59

China Kunda Technology Holdings's Days Inventory increased from Sep. 2022 (35.98) to Sep. 2023 (39.77). It might indicate that China Kunda Technology Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Kunda Technology Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 4.59.

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. China Kunda Technology Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.19.

China Kunda Technology Holdings Days Inventory Historical Data

The historical data trend for China Kunda Technology 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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China Kunda Technology Holdings Days Inventory Chart

China Kunda Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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36.42

53.82

62.77

46.62

23.82

China Kunda Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															65.91	36.56	35.98	30.71	39.77

Competitive Comparison of China Kunda Technology Holdings's Days Inventory

For the Electrical Equipment & Parts subindustry, China Kunda Technology 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.

China Kunda Technology Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Kunda Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Kunda Technology Holdings's Days Inventory falls into.

China Kunda Technology Holdings Days Inventory Calculation

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

China Kunda Technology Holdings'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
=	( (0.217	+	0.34)	/	2 )	/	4.268	*	365
=	0.2785					/	4.268	*	365
=	23.82

China Kunda Technology Holdings'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.34	+	0.59)	/	2 )	/	2.134	*	365 / 2
=	0.465					/	2.134	*	365 / 2
=	39.77

China Kunda Technology Holdings (SGX:GU5) 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.

China Kunda Technology Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.134	/	0.465
	=	4.59

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.

China Kunda Technology Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.465	/	2.41
	=	0.19

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.

China Kunda Technology Holdings Days Inventory Related Terms

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

China Kunda Technology Holdings (SGX:GU5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Kunda Technology Holdings Ltd (SGX:GU5) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bao Long Yi Road, Bao Long Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116

Website

https://www.chinakunda.com

China Kunda Technology Holdings Ltd is engaged in plastic injection moulding with the ability to provide plastic engineering solutions in the production of complex plastic products. The Company has a diversified customer base spreading across a wide geographical region covering the People's Republic of China, Europe, and others. Its segments include IMD Plastic injection parts and Medical Devices. It derives the majority of its revenue from the IMD and Plastic injection parts segment that provides specialized plastic injection parts and technical services used mainly in the production of electrical appliances and electronic devices.

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