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AGTech Holdings (HKSE:08279) Days Inventory : 113.62 (As of Sep. 2023)


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What is AGTech Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AGTech Holdings's Average Total Inventories for the three months ended in Sep. 2023 was HK$33.9 Mil. AGTech Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$27.2 Mil. Hence, AGTech Holdings's Days Inventory for the three months ended in Sep. 2023 was 113.62.

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

HKSE:08279' s Days Inventory Range Over the Past 10 Years
Min: 64.07   Med: 92.05   Max: 161.36
Current: 151.52

During the past 13 years, AGTech Holdings's highest Days Inventory was 161.36. The lowest was 64.07. And the median was 92.05.

HKSE:08279's Days Inventory is ranked worse than
80.48% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs HKSE:08279: 151.52

AGTech Holdings's Days Inventory declined from Sep. 2022 (120.94) to Sep. 2023 (113.62).

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. AGTech Holdings's Inventory Turnover for the three months ended in Sep. 2023 was 0.80.

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. AGTech Holdings's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.22.


AGTech Holdings Days Inventory Historical Data

The historical data trend for AGTech 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.

* Premium members only.

AGTech Holdings Days Inventory Chart

AGTech Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.45 140.12 68.63 161.36 153.43

AGTech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 750.33 156.67 225.73 113.62 144.53

Competitive Comparison of AGTech Holdings's Days Inventory

For the Gambling subindustry, AGTech 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.


AGTech Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, AGTech Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where AGTech Holdings's Days Inventory falls into.



AGTech Holdings Days Inventory Calculation

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

AGTech 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
=( (33.072 + 37.308) / 2 ) / 83.717*365
=35.19 / 83.717*365
=153.43

AGTech Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (33.876 + 0) / 1 ) / 27.206*365 / 4
=33.876 / 27.206*365 / 4
=113.62

* 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.


AGTech Holdings  (HKSE:08279) 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.

AGTech Holdings's Inventory Turnover for the three 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.

AGTech Holdings's Inventory to Revenue for the three 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.


AGTech Holdings Days Inventory Related Terms

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


AGTech Holdings (HKSE:08279) Business Description

Traded in Other Exchanges
Address
Times Square, Causeway Bay, Unit 3912, 39th Floor, Tower Two, Hong Kong, HKG
AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.
Executives
Sun Ho 2101 Beneficial owner
Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Cheung Lup Kwan Vitor 2201 Interest of corporation controlled by you
Rainwood Resources Limited 2101 Beneficial owner
Ali Fortune Investment Holding Limited 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
Ant Small And Micro Financial Services Group Co., Ltd. 2201 Interest of corporation controlled by you
Api (hong Kong) Investment Limited 2201 Interest of corporation controlled by you
Api Holdings Limited 2201 Interest of corporation controlled by you
Shanghai Yunju Venture Capital Co., Ltd. 2201 Interest of corporation controlled by you

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