EverChina Int'l Holdings Co (HKSE:00202) Days Inventory : 306.11 (As of Sep. 2023)

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What is EverChina Int'l Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EverChina Int'l Holdings Co's Average Total Inventories for the six months ended in Sep. 2023 was HK$39.8 Mil. EverChina Int'l Holdings Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$23.7 Mil. Hence, EverChina Int'l Holdings Co's Days Inventory for the six months ended in Sep. 2023 was 306.11.

The historical rank and industry rank for EverChina Int'l Holdings Co's Days Inventory or its related term are showing as below:

HKSE:00202' s Days Inventory Range Over the Past 10 Years
Min: 0.63 Med: 35.16 Max: 251.46
Current: 250.85

During the past 13 years, EverChina Int'l Holdings Co's highest Days Inventory was 251.46. The lowest was 0.63. And the median was 35.16.

HKSE:00202's Days Inventory is ranked worse than
88.42% of 449 companies
in the Conglomerates industry
Industry Median: 71.86 vs HKSE:00202: 250.85

EverChina Int'l Holdings Co's Days Inventory increased from Sep. 2022 (266.67) to Sep. 2023 (306.11). It might indicate that EverChina Int'l Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EverChina Int'l Holdings Co's Inventory Turnover for the six months ended in Sep. 2023 was 0.60.

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. EverChina Int'l Holdings Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.89.

EverChina Int'l Holdings Co Days Inventory Historical Data

The historical data trend for EverChina Int'l Holdings Co'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.

EverChina Int'l Holdings Co Days Inventory Chart

EverChina Int'l Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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35.16

115.12

174.59

212.96

251.46

EverChina Int'l Holdings Co 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															210.17	206.64	266.67	214.26	306.11

Competitive Comparison of EverChina Int'l Holdings Co's Days Inventory

For the Conglomerates subindustry, EverChina Int'l Holdings Co'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.

EverChina Int'l Holdings Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EverChina Int'l Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where EverChina Int'l Holdings Co's Days Inventory falls into.

EverChina Int'l Holdings Co Days Inventory Calculation

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

EverChina Int'l Holdings Co'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
=	( (43.438	+	40.124)	/	2 )	/	60.646	*	365
=	41.781					/	60.646	*	365
=	251.46

EverChina Int'l Holdings Co'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
=	( (40.124	+	39.487)	/	2 )	/	23.732	*	365 / 2
=	39.8055					/	23.732	*	365 / 2
=	306.11

EverChina Int'l Holdings Co (HKSE:00202) 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.

EverChina Int'l Holdings Co's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.732	/	39.8055
	=	0.60

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.

EverChina Int'l Holdings Co's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.8055	/	44.605
	=	0.89

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.

EverChina Int'l Holdings Co Days Inventory Related Terms

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

EverChina Int'l Holdings Co (HKSE:00202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » EverChina Int'l Holdings Co Ltd (HKSE:00202) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG

Website

https://www.everchina202.com.hk

EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

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