REM Group (Holdings) (HKSE:01750) Days Inventory : 125.91 (As of Dec. 2023)

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What is REM Group (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). REM Group (Holdings)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$37.7 Mil. REM Group (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$54.6 Mil. Hence, REM Group (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 125.91.

The historical rank and industry rank for REM Group (Holdings)'s Days Inventory or its related term are showing as below:

HKSE:01750' s Days Inventory Range Over the Past 10 Years
Min: 42.86 Med: 69.07 Max: 109.23
Current: 109.23

During the past 9 years, REM Group (Holdings)'s highest Days Inventory was 109.23. The lowest was 42.86. And the median was 69.07.

HKSE:01750's Days Inventory is ranked better than
55.8% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs HKSE:01750: 109.23

REM Group (Holdings)'s Days Inventory increased from Dec. 2022 (81.62) to Dec. 2023 (125.91). It might indicate that REM Group (Holdings)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. REM Group (Holdings)'s Inventory Turnover for the six months ended in Dec. 2023 was 1.45.

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. REM Group (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.46.

REM Group (Holdings) Days Inventory Historical Data

The historical data trend for REM Group (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.

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REM Group (Holdings) Days Inventory Chart

REM Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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66.74

90.07

97.64

76.78

106.67

REM Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											90.53	103.14	81.62	98.55	125.91

Competitive Comparison of REM Group (Holdings)'s Days Inventory

For the Electrical Equipment & Parts subindustry, REM Group (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.

REM Group (Holdings)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, REM Group (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where REM Group (Holdings)'s Days Inventory falls into.

REM Group (Holdings) Days Inventory Calculation

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

REM Group (Holdings)'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
=	( (36.789	+	36.19)	/	2 )	/	124.863	*	365
=	36.4895					/	124.863	*	365
=	106.67

REM Group (Holdings)'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
=	( (39.121	+	36.19)	/	2 )	/	54.578	*	365 / 2
=	37.6555					/	54.578	*	365 / 2
=	125.91

REM Group (Holdings) (HKSE:01750) 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.

REM Group (Holdings)'s Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.578	/	37.6555
	=	1.45

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.

REM Group (Holdings)'s Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.6555	/	81.031
	=	0.46

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.

REM Group (Holdings) Days Inventory Related Terms

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

REM Group (Holdings) (HKSE:01750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG

Website

http://www.rem-group.com.hk

REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.

Executives

Huang Xiao Ying	2202 Interest of your spouse
Unique Best Limited	2101 Beneficial owner
Wan Union Limited	2201 Interest of corporation controlled by you
Wans Limited	2201 Interest of corporation controlled by you
Lam Yin	2202 Interest of your spouse
Leung Ka Wai	2201 Interest of corporation controlled by you
Que Emi	2202 Interest of your spouse
Wan Man Keung	2201 Interest of corporation controlled by you
Wun Chi Wai	2201 Interest of corporation controlled by you
Wan Chak Ming	2101 Beneficial owner
Wan Po Kwan	2101 Beneficial owner

REM Group (Holdings) (HKSE:01750) Headlines

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