Days Inventory is also known as Days Sales of Inventory (DSI). Yue Yuen Industrial (Holdings)'s Average Total Inventories for the
three
months ended in Sep. 2023 was $1,252 Mil. Yue Yuen Industrial (Holdings)'s Cost of Goods Sold for the
three
months ended in Sep. 2023 was $1,400 Mil.
Hence, Yue Yuen Industrial (Holdings)'s Days Inventory for the
three
months ended in Sep. 2023 was 81.62.
The historical rank and industry rank for Yue Yuen Industrial (Holdings)'s Days Inventory or its related term are showing as below:
YUEIY'
s Days Inventory Range Over the Past 10 Years
Min: 72.25 Med: 85.8 Max: 179.73
Current: 179.73
During the past 13 years, Yue Yuen Industrial (Holdings)'s highest Days Inventory was 179.73. The lowest was 72.25. And the median was 85.80.
Yue Yuen Industrial (Holdings)'s Days Inventory
increased
from Jun. 2022 (0.00) to Sep. 2023 (81.62).
It might indicate that Yue Yuen Industrial (Holdings)'s sales slowed down.
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.
Yue Yuen Industrial (Holdings)'s Inventory Turnover for the
three
months ended in Sep. 2023 was 1.12.
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.
Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.68.
Yue Yuen Industrial (Holdings) Days Inventory Historical Data
The historical data trend for Yue Yuen Industrial (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.
Yue Yuen Industrial (Holdings) Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
86.48
94.03
102.52
98.37
87.88
Yue Yuen Industrial (Holdings) Quarterly Data
Jun15
Dec15
Jun16
Dec16
Jun17
Dec17
Jun18
Dec18
Jun19
Dec19
Jun20
Dec20
Jun21
Dec21
Jun22
Sep22
Dec22
Jun23
Sep23
Dec23
Days Inventory
98.40
97.62
-
81.62
81.99
Competitive Comparison
For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.
Yue Yuen Industrial (Holdings) Days Inventory Distribution
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Days Inventory falls into.
Yue Yuen Industrial (Holdings) Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Yue Yuen Industrial (Holdings)'s Days Inventory for the fiscal year that 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.
Yue Yuen Industrial (Holdings) (OTCPK:YUEIY) 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.
Yue Yuen Industrial (Holdings)'s Inventory Turnover for the
three
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.
Yue Yuen Industrial (Holdings)'s Inventory to Revenue for the
three
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.
Yue Yuen Industrial (Holdings) Days Inventory Related Terms
Thank you for viewing the detailed overview of Yue Yuen Industrial (Holdings)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.
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