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Karin Technology Holdings (SGX:K29) Days Inventory : 43.68 (As of Dec. 2023)


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What is Karin Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Karin Technology Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$43.9 Mil. Karin Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$183.6 Mil. Hence, Karin Technology Holdings's Days Inventory for the six months ended in Dec. 2023 was 43.68.

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

SGX:K29' s Days Inventory Range Over the Past 10 Years
Min: 21.12   Med: 37.18   Max: 51.71
Current: 51.71

During the past 13 years, Karin Technology Holdings's highest Days Inventory was 51.71. The lowest was 21.12. And the median was 37.18.

SGX:K29's Days Inventory is ranked better than
62.14% of 449 companies
in the Conglomerates industry
Industry Median: 72.5 vs SGX:K29: 51.71

Karin Technology Holdings's Days Inventory declined from Dec. 2022 (45.38) to Dec. 2023 (43.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Karin Technology Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 4.18.

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. Karin Technology Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.


Karin Technology Holdings Days Inventory Historical Data

The historical data trend for Karin 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.

* Premium members only.

Karin Technology Holdings Days Inventory Chart

Karin Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.99 38.35 44.18 48.86 51.12

Karin Technology Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.72 55.71 45.38 62.03 43.68

Competitive Comparison of Karin Technology Holdings's Days Inventory

For the Conglomerates subindustry, Karin 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.


Karin Technology Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Karin Technology Holdings's Days Inventory distribution charts can be found below:

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



Karin Technology Holdings Days Inventory Calculation

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

Karin Technology Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (45.543 + 44.343) / 2 ) / 320.879*365
=44.943 / 320.879*365
=51.12

Karin Technology 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
=( (44.343 + 43.547) / 2 ) / 183.606*365 / 2
=43.945 / 183.606*365 / 2
=43.68

* 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.


Karin Technology Holdings  (SGX:K29) 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.

Karin Technology 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.

Karin Technology 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.


Karin Technology Holdings Days Inventory Related Terms

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


Karin Technology Holdings (SGX:K29) Business Description

Traded in Other Exchanges
N/A
Address
183 Wai Yip Street, 9th Floor, The Whitney, Kwun Tong, Kowloon, Hong Kong, HKG
Karin Technology Holdings Ltd is an investment holding company. Its operating segment includes Components Distribution; IT Infrastructure and Consumer Electronics Products. It generates maximum revenue from the IT Infrastructure segment which is engaged in the provision of computer data storage management solutions and services. The Components Distribution segment engages in the distribution and trading of electronic components and cables. Its Consumer Electronics Products segment engages in the distribution and retailing of consumer electronics products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China and Other Countries.

Karin Technology Holdings (SGX:K29) Headlines

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