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First Shanghai Investments (HKSE:00227) Days Inventory : 1,248.89 (As of Dec. 2023)


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What is First Shanghai Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Shanghai Investments's Average Total Inventories for the six months ended in Dec. 2023 was HK$362.7 Mil. First Shanghai Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$53.0 Mil. Hence, First Shanghai Investments's Days Inventory for the six months ended in Dec. 2023 was 1,248.89.

The historical rank and industry rank for First Shanghai Investments's Days Inventory or its related term are showing as below:

HKSE:00227' s Days Inventory Range Over the Past 10 Years
Min: 574.08   Med: 1204.69   Max: 2031.48
Current: 1246.92

During the past 13 years, First Shanghai Investments's highest Days Inventory was 2031.48. The lowest was 574.08. And the median was 1204.69.

HKSE:00227's Days Inventory is ranked worse than
89.45% of 218 companies
in the Capital Markets industry
Industry Median: 61.3 vs HKSE:00227: 1246.92

First Shanghai Investments's Days Inventory increased from Dec. 2022 (1,168.88) to Dec. 2023 (1,248.89). It might indicate that First Shanghai Investments'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. First Shanghai Investments's Inventory Turnover for the six months ended in Dec. 2023 was 0.15.

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. First Shanghai Investments's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.33.


First Shanghai Investments Days Inventory Historical Data

The historical data trend for First Shanghai Investments'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.

First Shanghai Investments Days Inventory Chart

First Shanghai Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 883.49 775.17 574.08 984.74 1,254.02

First Shanghai Investments 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 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 549.60 849.58 1,168.88 1,237.78 1,248.89

Competitive Comparison of First Shanghai Investments's Days Inventory

For the Capital Markets subindustry, First Shanghai Investments'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.


First Shanghai Investments's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Shanghai Investments's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Shanghai Investments's Days Inventory falls into.



First Shanghai Investments Days Inventory Calculation

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

First Shanghai Investments's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (355.203 + 369.32) / 2 ) / 105.441*365
=362.2615 / 105.441*365
=1,254.02

First Shanghai Investments's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (356.104 + 369.32) / 2 ) / 53.003*365 / 2
=362.712 / 53.003*365 / 2
=1,248.89

* 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.


First Shanghai Investments  (HKSE:00227) 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.

First Shanghai Investments's Inventory Turnover for the six months ended in Dec. 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.

First Shanghai Investments's Inventory to Revenue for the six months 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.


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.


First Shanghai Investments Days Inventory Related Terms

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


First Shanghai Investments (HKSE:00227) Business Description

Traded in Other Exchanges
N/A
Address
71 Des Voeux Road Central, Room 1903, Wing On House, Hong Kong, HKG
First Shanghai Investments Ltd is a financial conglomerate providing stock brokerage, asset management, and corporate finance. The company operates its business in four segments, Financial Services, Property Development, Property Investment and hotel, and Other businesses, of which the majority of its revenues are derived from Financial Services. The Financial Services Sector provides a full range of financial services including securities investment, securities broking, margin financing, corporate finance, underwriting and placements, and asset management. Geographically, it generates maximum revenue from Hong Kong.

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