Yuxing InfoTech Investment Holdings (HKSE:08005) Days Inventory : 33.51 (As of Dec. 2023)

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What is Yuxing InfoTech Investment Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yuxing InfoTech Investment Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$32.7 Mil. Yuxing InfoTech Investment Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$88.9 Mil. Hence, Yuxing InfoTech Investment Holdings's Days Inventory for the three months ended in Dec. 2023 was 33.51.

The historical rank and industry rank for Yuxing InfoTech Investment Holdings's Days Inventory or its related term are showing as below:

HKSE:08005' s Days Inventory Range Over the Past 10 Years
Min: 10.5 Med: 36.36 Max: 65.1
Current: 59.26

During the past 13 years, Yuxing InfoTech Investment Holdings's highest Days Inventory was 65.10. The lowest was 10.50. And the median was 36.36.

HKSE:08005's Days Inventory is ranked better than
76.5% of 2409 companies
in the Hardware industry
Industry Median: 102.28 vs HKSE:08005: 59.26

Yuxing InfoTech Investment Holdings's Days Inventory increased from Dec. 2022 (18.50) to Dec. 2023 (33.51). It might indicate that Yuxing InfoTech Investment Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yuxing InfoTech Investment Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.72.

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. Yuxing InfoTech Investment Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.

Yuxing InfoTech Investment Holdings Days Inventory Historical Data

The historical data trend for Yuxing InfoTech Investment 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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Yuxing InfoTech Investment Holdings Days Inventory Chart

Yuxing InfoTech Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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10.50

10.66

35.30

30.23

65.10

Yuxing InfoTech Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															18.50	150.56	119.18	63.85	33.51

Competitive Comparison of Yuxing InfoTech Investment Holdings's Days Inventory

For the Consumer Electronics subindustry, Yuxing InfoTech Investment 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.

Yuxing InfoTech Investment Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yuxing InfoTech Investment Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yuxing InfoTech Investment Holdings's Days Inventory falls into.

Yuxing InfoTech Investment Holdings Days Inventory Calculation

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

Yuxing InfoTech Investment 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
=	( (16.897	+	32.656)	/	2 )	/	138.912	*	365
=	24.7765					/	138.912	*	365
=	65.10

Yuxing InfoTech Investment 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	32.656)	/	1 )	/	88.924	*	365 / 4
=	32.656					/	88.924	*	365 / 4
=	33.51

Yuxing InfoTech Investment Holdings (HKSE:08005) 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.

Yuxing InfoTech Investment Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	88.924	/	32.656
	=	2.72

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.

Yuxing InfoTech Investment Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.656	/	113.957
	=	0.29

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.

Yuxing InfoTech Investment Holdings Days Inventory Related Terms

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

Yuxing InfoTech Investment Holdings (HKSE:08005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yuxing InfoTech Investment Holdings Ltd (HKSE:08005) » Definitions » Days Inventory

Traded in Other Exchanges

YXGC:Germany

Address

No. 3609 Baishi Road, Unit 3310, Block A1, Building 9, Shenzhenwan Science and Technology Ecological Garden, District 2, Nanshan District, Shenzhen, CHN

Website

http://www.yuxing.com.cn

Yuxing InfoTech Investment Holdings Ltd is a China-based conglomerate that is mainly involved in the information home appliances business, investing, and trading. It operates in five segments. Information Home Appliances segment which derives majority revenue involves in the manufacture, sales, and distribution of information home appliances and complementary products to consumer markets. The Investing segment includes trading of securities and investing in financial instruments. The Leasing segment comprises leasing out of properties. The IDC segment consists of construction, operation, and leasing out of properties. The Other Operations segment refers to the trading of miscellaneous materials. It has a business presence mainly in Australia, the People's Republic of China, and Hong Kong.

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