Days Inventory is also known as Days Sales of Inventory (DSI). HC Group's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$202 Mil. HC Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$10,284 Mil.
Hence, HC Group's Days Inventory for the
six
months ended in Dec. 2023 was 3.58.
The historical rank and industry rank for HC Group's Days Inventory or its related term are showing as below:
HKSE:02280'
s Days Inventory Range Over the Past 10 Years
Min: 2.62 Med: 6.47 Max: 1288.41
Current: 3.5
During the past 13 years, HC Group's highest Days Inventory was 1288.41. The lowest was 2.62. And the median was 6.47.
HKSE:02280's Days Inventory is ranked better than 75.5% of 1559
companies
in the Software industry
Industry Median: 19.53
vs HKSE:02280: 3.50
HC Group's Days Inventory
increased
from Dec. 2022 (3.46) to Dec. 2023 (3.58).
It might indicate that HC Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
HC Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 51.04.
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.
HC Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
HC Group Days Inventory Historical Data
The historical data trend for HC 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 HC Group's Days Inventory
For the Information Technology Services subindustry, HC 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.
HC Group's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, HC Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where HC Group's Days Inventory falls into.
HC Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HC Group's Days Inventory for the fiscal year that ended in Dec. 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.
HC Group (HKSE:02280) 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.
HC Group's Inventory Turnover for the
six
months ended in Dec. 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.
HC Group's Inventory to Revenue for the
six
months ended in Dec. 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.
HC Group Days Inventory Related Terms
Thank you for viewing the detailed overview of HC Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
HC Group Inc is a holding company based in China involved in e-commerce and related services. The company organizes itself into three segments based on service type. The technology-driven new retail segment provides integration services around the retailing of electronics. The smart industries segment provides a business-to-business trading platform as well as anti-counterfeiting products and supply chain management. The platform & corporate services segment primarily operates the media platform HC360.com and provides data-based marketing services. It generates a vast majority of its revenue from the smart industries segment.
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