Emperor Watch & Jewellery (HKSE:00887) Days Inventory : 299.22 (As of Dec. 2023)

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What is Emperor Watch & Jewellery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emperor Watch & Jewellery's Average Total Inventories for the six months ended in Dec. 2023 was HK$2,899 Mil. Emperor Watch & Jewellery's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,768 Mil. Hence, Emperor Watch & Jewellery's Days Inventory for the six months ended in Dec. 2023 was 299.22.

The historical rank and industry rank for Emperor Watch & Jewellery's Days Inventory or its related term are showing as below:

HKSE:00887' s Days Inventory Range Over the Past 10 Years
Min: 306.68 Med: 387.93 Max: 631.13
Current: 306.68

During the past 13 years, Emperor Watch & Jewellery's highest Days Inventory was 631.13. The lowest was 306.68. And the median was 387.93.

HKSE:00887's Days Inventory is ranked worse than
88.39% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs HKSE:00887: 306.68

Emperor Watch & Jewellery's Days Inventory declined from Dec. 2022 (350.84) to Dec. 2023 (299.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Emperor Watch & Jewellery's Inventory Turnover for the six months ended in Dec. 2023 was 0.61.

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. Emperor Watch & Jewellery's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.16.

Emperor Watch & Jewellery Days Inventory Historical Data

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Days Inventory Chart

Emperor Watch & Jewellery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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400.43

631.13

388.45

394.13

311.86

Emperor Watch & Jewellery 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															403.51	434.52	350.84	309.45	299.22

Competitive Comparison of Emperor Watch & Jewellery's Days Inventory

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Days Inventory distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Days Inventory falls into.

Emperor Watch & Jewellery Days Inventory Calculation

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

Emperor Watch & Jewellery'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
=	( (2703.418	+	3060.276)	/	2 )	/	3372.942	*	365
=	2881.847					/	3372.942	*	365
=	311.86

Emperor Watch & Jewellery'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
=	( (2738.228	+	3060.276)	/	2 )	/	1768.338	*	365 / 2
=	2899.252					/	1768.338	*	365 / 2
=	299.22

Emperor Watch & Jewellery (HKSE:00887) 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.

Emperor Watch & Jewellery's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1768.338	/	2899.252
	=	0.61

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.

Emperor Watch & Jewellery's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2899.252	/	2493.302
	=	1.16

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.

Emperor Watch & Jewellery Days Inventory Related Terms

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

Emperor Watch & Jewellery (HKSE:00887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emperor Watch & Jewellery Ltd (HKSE:00887) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorwatchjewellery.com

Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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