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Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Days Inventory : 158.13 (As of Dec. 2023)


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What is Health and Happiness (H&H) International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Health and Happiness (H&H) International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $354 Mil. Health and Happiness (H&H) International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $408 Mil. Hence, Health and Happiness (H&H) International Holdings's Days Inventory for the six months ended in Dec. 2023 was 158.13.

The historical rank and industry rank for Health and Happiness (H&H) International Holdings's Days Inventory or its related term are showing as below:

BTSDF' s Days Inventory Range Over the Past 10 Years
Min: 112.66   Med: 159   Max: 180.74
Current: 166.32

During the past 13 years, Health and Happiness (H&H) International Holdings's highest Days Inventory was 180.74. The lowest was 112.66. And the median was 159.00.

BTSDF's Days Inventory is ranked worse than
80.58% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs BTSDF: 166.32

Health and Happiness (H&H) International Holdings's Days Inventory increased from Dec. 2022 (148.62) to Dec. 2023 (158.13). It might indicate that Health and Happiness (H&H) International Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Health and Happiness (H&H) International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.15.

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. Health and Happiness (H&H) International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.36.


Health and Happiness (H&H) International Holdings Days Inventory Historical Data

The historical data trend for Health and Happiness (H&H) International 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.

Health and Happiness (H&H) International Holdings Days Inventory Chart

Health and Happiness (H&H) International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.27 154.99 169.56 175.32 162.83

Health and Happiness (H&H) International 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 162.90 165.34 148.62 179.28 158.13

Competitive Comparison of Health and Happiness (H&H) International Holdings's Days Inventory

For the Packaged Foods subindustry, Health and Happiness (H&H) International 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.


Health and Happiness (H&H) International Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Health and Happiness (H&H) International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Health and Happiness (H&H) International Holdings's Days Inventory falls into.



Health and Happiness (H&H) International Holdings Days Inventory Calculation

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

Health and Happiness (H&H) International 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
=( (371.172 + 332.596) / 2 ) / 788.803*365
=351.884 / 788.803*365
=162.83

Health and Happiness (H&H) International 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
=( (374.607 + 332.596) / 2 ) / 408.086*365 / 2
=353.6015 / 408.086*365 / 2
=158.13

* 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.


Health and Happiness (H&H) International Holdings  (OTCPK:BTSDF) 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.

Health and Happiness (H&H) International 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.

Health and Happiness (H&H) International 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.


Health and Happiness (H&H) International Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Health and Happiness (H&H) International Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Business Description

Traded in Other Exchanges
Address
18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG
Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Headlines

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