Days Inventory is also known as Days Sales of Inventory (DSI). Sinotruk (Hong Kong)'s Average Total Inventories for the
six
months ended in Jun. 2023 was $1,977 Mil. Sinotruk (Hong Kong)'s Cost of Goods Sold for the
six
months ended in Jun. 2023 was $4,799 Mil.
Hence, Sinotruk (Hong Kong)'s Days Inventory for the
six
months ended in Jun. 2023 was 75.18.
The historical rank and industry rank for Sinotruk (Hong Kong)'s Days Inventory or its related term are showing as below:
SHKLY'
s Days Inventory Range Over the Past 10 Years
Min: 69.69 Med: 93.73 Max: 117.67
Current: 70.97
During the past 13 years, Sinotruk (Hong Kong)'s highest Days Inventory was 117.67. The lowest was 69.69. And the median was 93.73.
SHKLY's Days Inventory is ranked better than 84.31% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.585
vs SHKLY: 70.97
Sinotruk (Hong Kong)'s Days Inventory
declined
from Jun. 2022 (126.29) to Jun. 2023 (75.18).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sinotruk (Hong Kong)'s Inventory Turnover for the
six
months ended in Jun. 2023 was 2.43.
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.
Sinotruk (Hong Kong)'s Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.34.
Sinotruk (Hong Kong) Days Inventory Historical Data
The historical data trend for Sinotruk (Hong Kong)'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.
Sinotruk (Hong Kong) Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
78.33
69.55
86.77
117.55
69.56
Sinotruk (Hong Kong) 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
126.67
126.29
108.82
75.18
68.63
Competitive Comparison
For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.
Sinotruk (Hong Kong) Days Inventory Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where Sinotruk (Hong Kong)'s Days Inventory falls into.
Sinotruk (Hong Kong) Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sinotruk (Hong Kong)'s Days Inventory for the fiscal year that ended in Dec. 2022 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.
Sinotruk (Hong Kong) (OTCPK:SHKLY) 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.
Sinotruk (Hong Kong)'s Inventory Turnover for the
six
months ended in Jun. 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.
Sinotruk (Hong Kong)'s Inventory to Revenue for the
six
months ended in Jun. 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.
Sinotruk (Hong Kong) Days Inventory Related Terms
Thank you for viewing the detailed overview of Sinotruk (Hong Kong)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Business Description
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
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