Crocodile Garments (HKSE:00122) Days Inventory : 340.63 (As of Jan. 2024)

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What is Crocodile Garments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crocodile Garments's Average Total Inventories for the six months ended in Jan. 2024 was HK$16.52 Mil. Crocodile Garments's Cost of Goods Sold for the six months ended in Jan. 2024 was HK$8.85 Mil. Hence, Crocodile Garments's Days Inventory for the six months ended in Jan. 2024 was 340.63.

The historical rank and industry rank for Crocodile Garments's Days Inventory or its related term are showing as below:

HKSE:00122' s Days Inventory Range Over the Past 10 Years
Min: 189.37 Med: 268.75 Max: 467.27
Current: 349.87

During the past 13 years, Crocodile Garments's highest Days Inventory was 467.27. The lowest was 189.37. And the median was 268.75.

HKSE:00122's Days Inventory is ranked worse than
91.69% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.68 vs HKSE:00122: 349.87

Crocodile Garments's Days Inventory increased from Jan. 2023 (315.88) to Jan. 2024 (340.63). It might indicate that Crocodile Garments's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crocodile Garments's Inventory Turnover for the six months ended in Jan. 2024 was 0.54.

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. Crocodile Garments's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.34.

Crocodile Garments Days Inventory Historical Data

The historical data trend for Crocodile Garments'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.

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Crocodile Garments Days Inventory Chart

Crocodile Garments Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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223.26

387.39

467.27

267.10

351.13

Crocodile Garments Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial															197.43	311.44	315.88	354.30	340.63

Competitive Comparison of Crocodile Garments's Days Inventory

For the Apparel Manufacturing subindustry, Crocodile Garments'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.

Crocodile Garments's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocodile Garments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Crocodile Garments's Days Inventory falls into.

Crocodile Garments Days Inventory Calculation

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

Crocodile Garments's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (12.484	+	14.537)	/	2 )	/	14.044	*	365
=	13.5105					/	14.044	*	365
=	351.13

Crocodile Garments's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (14.537	+	18.507)	/	2 )	/	8.852	*	365 / 2
=	16.522					/	8.852	*	365 / 2
=	340.63

Crocodile Garments (HKSE:00122) 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.

Crocodile Garments's Inventory Turnover for the six months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.852	/	16.522
	=	0.54

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.

Crocodile Garments's Inventory to Revenue for the six months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.522	/	48.916
	=	0.34

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.

Crocodile Garments Days Inventory Related Terms

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

Crocodile Garments (HKSE:00122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Crocodile Garments Ltd (HKSE:00122) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

25th Floor, 79 Hoi Yuen Road, Crocodile Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.crocodile.com.hk

Crocodile Garments Ltd is a Hong Kong-based company engaged in the sale of garments. The firm operates in three reportable segments including Garment and related accessories business, Property investment and letting business and Treasury management. Its products include men's, women's children's clothing, ties, underwear, bags and wallets, belts and shoes. The company generates the majority of the revenue from property investment and letting business.

Crocodile Garments (HKSE:00122) Headlines

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