Days Inventory is also known as Days Sales of Inventory (DSI). Wang On Group's Average Total Inventories for the
six
months ended in Sep. 2023 was HK$4,325 Mil. Wang On Group's Cost of Goods Sold for the
six
months ended in Sep. 2023 was HK$701 Mil.
Hence, Wang On Group's Days Inventory for the
six
months ended in Sep. 2023 was 1,125.33.
The historical rank and industry rank for Wang On Group's Days Inventory or its related term are showing as below:
HKSE:01222'
s Days Inventory Range Over the Past 10 Years
Min: 407.41 Med: 872.63 Max: 2013.05
Current: 927.27
During the past 13 years, Wang On Group's highest Days Inventory was 2013.05. The lowest was 407.41. And the median was 872.63.
HKSE:01222's Days Inventory is ranked worse than 97.55% of 449
companies
in the Conglomerates industry
Industry Median: 72.34
vs HKSE:01222: 927.27
Wang On Group's Days Inventory
increased
from Sep. 2022 (604.24) to Sep. 2023 (1,125.33).
It might indicate that Wang On Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wang On Group's Inventory Turnover for the
six
months ended in Sep. 2023 was 0.16.
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.
Wang On Group's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 3.81.
Wang On Group Days Inventory Historical Data
The historical data trend for Wang On Group'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.
Competitive Comparison of Wang On Group's Days Inventory
For the Conglomerates subindustry, Wang On Group'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.
Wang On Group's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wang On Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wang On Group's Days Inventory falls into.
Wang On Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wang On Group's Days Inventory for the fiscal year that ended in Mar. 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.
Wang On Group (HKSE:01222) 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.
Wang On Group's Inventory Turnover for the
six
months ended in Sep. 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.
Wang On Group's Inventory to Revenue for the
six
months ended in Sep. 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.
Wang On Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Wang On Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
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