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Man Wah Holdings (Man Wah Holdings) Days Inventory : 58.33 (As of Sep. 2023)


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What is Man Wah Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Man Wah Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $222 Mil. Man Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $696 Mil. Hence, Man Wah Holdings's Days Inventory for the six months ended in Sep. 2023 was 58.33.

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

MAWHY' s Days Inventory Range Over the Past 10 Years
Min: 54.76   Med: 68.14   Max: 84.5
Current: 66.41

During the past 13 years, Man Wah Holdings's highest Days Inventory was 84.50. The lowest was 54.76. And the median was 68.14.

MAWHY's Days Inventory is ranked better than
74.14% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.895 vs MAWHY: 66.41

Man Wah Holdings's Days Inventory declined from Sep. 2022 (85.27) to Sep. 2023 (58.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Man Wah Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 3.13.

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. Man Wah Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.19.


Man Wah Holdings Days Inventory Historical Data

The historical data trend for Man Wah 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.

Man Wah Holdings Days Inventory Chart

Man Wah Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.13 84.04 72.16 74.15 83.21

Man Wah 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 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 73.17 75.88 85.27 72.75 58.33

Competitive Comparison of Man Wah Holdings's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Days Inventory distribution charts can be found below:

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



Man Wah Holdings Days Inventory Calculation

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

Man Wah 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
=( (394.625 + 225.399) / 2 ) / 1359.822*365
=310.012 / 1359.822*365
=83.21

Man Wah 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
=( (225.399 + 219.288) / 2 ) / 695.619*365 / 2
=222.3435 / 695.619*365 / 2
=58.33

* 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.


Man Wah Holdings  (OTCPK:MAWHY) 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.

Man Wah Holdings's Inventory Turnover for the six months ended in Sep. 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.

Man Wah Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Man Wah Holdings Days Inventory Related Terms

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


Man Wah Holdings (Man Wah Holdings) Business Description

Traded in Other Exchanges
Address
10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau).

Man Wah Holdings (Man Wah Holdings) Headlines

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