FSE Lifestyle Services (HKSE:00331) Days Inventory : 1.01 (As of Dec. 2023)

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What is FSE Lifestyle Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FSE Lifestyle Services's Average Total Inventories for the six months ended in Dec. 2023 was HK$20 Mil. FSE Lifestyle Services's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,598 Mil. Hence, FSE Lifestyle Services's Days Inventory for the six months ended in Dec. 2023 was 1.01.

The historical rank and industry rank for FSE Lifestyle Services's Days Inventory or its related term are showing as below:

HKSE:00331' s Days Inventory Range Over the Past 10 Years
Min: 1.04 Med: 2.32 Max: 3.68
Current: 1.04

During the past 11 years, FSE Lifestyle Services's highest Days Inventory was 3.68. The lowest was 1.04. And the median was 2.32.

HKSE:00331's Days Inventory is ranked better than
94.98% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs HKSE:00331: 1.04

FSE Lifestyle Services's Days Inventory declined from Dec. 2022 (1.28) to Dec. 2023 (1.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. FSE Lifestyle Services's Inventory Turnover for the six months ended in Dec. 2023 was 180.06.

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. FSE Lifestyle Services's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

FSE Lifestyle Services Days Inventory Historical Data

The historical data trend for FSE Lifestyle Services'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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FSE Lifestyle Services Days Inventory Chart

FSE Lifestyle Services Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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2.60

3.61

2.47

1.30

1.22

FSE Lifestyle Services 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															1.18	1.21	1.28	1.09	1.01

Competitive Comparison of FSE Lifestyle Services's Days Inventory

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.

FSE Lifestyle Services's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's Days Inventory falls into.

FSE Lifestyle Services Days Inventory Calculation

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

FSE Lifestyle Services's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (23.514	+	21.291)	/	2 )	/	6715.594	*	365
=	22.4025					/	6715.594	*	365
=	1.22

FSE Lifestyle Services'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
=	( (21.291	+	18.675)	/	2 )	/	3598.168	*	365 / 2
=	19.983					/	3598.168	*	365 / 2
=	1.01

FSE Lifestyle Services (HKSE:00331) 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.

FSE Lifestyle Services's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3598.168	/	19.983
	=	180.06

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.

FSE Lifestyle Services's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.983	/	4114.523
	=	0.00

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.

FSE Lifestyle Services Days Inventory Related Terms

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

FSE Lifestyle Services (HKSE:00331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FSE Lifestyle Services Ltd (HKSE:00331) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.fse.com.hk

FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.

Executives

Doo Wai Hoi William	2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy	2201 Interest of corporation controlled by you
Fse Holdings Limited	2201 Interest of corporation controlled by you
Sino Spring Global Limited	2201 Interest of corporation controlled by you
Fse Management Company Limited	2101 Beneficial owner

FSE Lifestyle Services (HKSE:00331) Headlines

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