QPL International Holdings (HKSE:00243) Days Inventory : 269.40 (As of Oct. 2023)

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What is QPL International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). QPL International Holdings's Average Total Inventories for the six months ended in Oct. 2023 was HK$87.3 Mil. QPL International Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$59.1 Mil. Hence, QPL International Holdings's Days Inventory for the six months ended in Oct. 2023 was 269.40.

The historical rank and industry rank for QPL International Holdings's Days Inventory or its related term are showing as below:

HKSE:00243' s Days Inventory Range Over the Past 10 Years
Min: 86.05 Med: 111.98 Max: 259.64
Current: 259.64

During the past 13 years, QPL International Holdings's highest Days Inventory was 259.64. The lowest was 86.05. And the median was 111.98.

HKSE:00243's Days Inventory is ranked worse than
82.48% of 942 companies
in the Semiconductors industry
Industry Median: 130.1 vs HKSE:00243: 259.64

QPL International Holdings's Days Inventory increased from Oct. 2022 (207.94) to Oct. 2023 (269.40). It might indicate that QPL International 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. QPL International Holdings's Inventory Turnover for the six months ended in Oct. 2023 was 0.68.

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. QPL International Holdings's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.66.

QPL International Holdings Days Inventory Historical Data

The historical data trend for QPL International 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.

QPL International Holdings Days Inventory Chart

QPL International Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

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126.32

139.33

133.41

118.69

218.97

QPL International Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															106.32	128.95	207.94	246.78	269.40

Competitive Comparison of QPL International Holdings's Days Inventory

For the Semiconductors subindustry, QPL International 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.

QPL International Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where QPL International Holdings's Days Inventory falls into.

QPL International Holdings Days Inventory Calculation

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

QPL International Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (97.514	+	87.453)	/	2 )	/	154.16	*	365
=	92.4835					/	154.16	*	365
=	218.97

QPL International Holdings's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (87.453	+	87.133)	/	2 )	/	59.136	*	365 / 2
=	87.293					/	59.136	*	365 / 2
=	269.40

QPL International Holdings (HKSE:00243) 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.

QPL International Holdings's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	59.136	/	87.293
	=	0.68

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.

QPL International Holdings's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.293	/	132.569
	=	0.66

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.

QPL International Holdings Days Inventory Related Terms

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

QPL International Holdings (HKSE:00243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » QPL International Holdings Ltd (HKSE:00243) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-28 Tai Chung Road, 8th Floor, Hale Weal Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.qpl.com

QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.

Executives

Hui Sau King Florence

2101 Beneficial owner

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