Days Inventory is also known as Days Sales of Inventory (DSI). Folangsi Co's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$97 Mil. Folangsi Co's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$1,044 Mil.
Hence, Folangsi Co's Days Inventory for the
six
months ended in Dec. 2023 was 16.95.
The historical rank and industry rank for Folangsi Co's Days Inventory or its related term are showing as below:
HKSE:02499'
s Days Inventory Range Over the Past 10 Years
Min: 28.36 Med: 32.84 Max: 35.15
Current: 33.9
During the past 4 years, Folangsi Co's highest Days Inventory was 35.15. The lowest was 28.36. And the median was 32.84.
HKSE:02499's Days Inventory is ranked better than 96.59% of 205
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.89
vs HKSE:02499: 33.90
Folangsi Co's Days Inventory
increased
from Dec. 2021 (28.36) to Dec. 2023 (33.90).
It might indicate that Folangsi Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Folangsi Co's Inventory Turnover for the
six
months ended in Dec. 2023 was 10.77.
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.
Folangsi Co's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.06.
Folangsi Co Days Inventory Historical Data
The historical data trend for Folangsi Co'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.
Folangsi Co Days Inventory Chart
Folangsi Co Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Days Inventory
31.77
28.36
35.15
33.90
Folangsi Co Semi-Annual Data
Dec20
Dec21
Dec22
Dec23
Days Inventory
31.77
28.36
35.15
33.90
Competitive Comparison of Folangsi Co's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Folangsi Co'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.
Folangsi Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Folangsi Co's Days Inventory falls into.
Folangsi Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Folangsi Co'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.
Folangsi Co (HKSE:02499) 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.
Folangsi Co'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.
Folangsi Co'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.
Folangsi Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Folangsi Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Folangsi Co Ltd is a leading intralogistics equipment solution provider in China. Focusing on intralogistics equipment subscription services, It strives to provide enterprises with one-stop solutions for intralogistics equipment utilization and management. It also has an established presence in the industry, providing services that span the entire lifecycle of intralogistics equipment, including equipment subscription, repair and maintenance, and disposal.
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