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Huabao International Holdings (Huabao International Holdings) Days Inventory : 185.94 (As of Dec. 2023)


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What is Huabao International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huabao International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $144.0 Mil. Huabao International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $141.4 Mil. Hence, Huabao International Holdings's Days Inventory for the six months ended in Dec. 2023 was 185.94.

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

HUIHY' s Days Inventory Range Over the Past 10 Years
Min: 187.54   Med: 218.33   Max: 252.32
Current: 205.36

During the past 13 years, Huabao International Holdings's highest Days Inventory was 252.32. The lowest was 187.54. And the median was 218.33.

HUIHY's Days Inventory is ranked worse than
89.08% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs HUIHY: 205.36

Huabao International Holdings's Days Inventory increased from Dec. 2022 (176.38) to Dec. 2023 (185.94). It might indicate that Huabao International Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huabao International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.98.

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. Huabao International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.58.


Huabao International Holdings Days Inventory Historical Data

The historical data trend for Huabao International 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.

Huabao International Holdings Days Inventory Chart

Huabao International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 217.42 222.77 199.04 187.38 202.60

Huabao International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 188.26 202.25 176.38 232.78 185.94

Competitive Comparison of Huabao International Holdings's Days Inventory

For the Specialty Chemicals subindustry, Huabao International 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.


Huabao International Holdings's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao International Holdings's Days Inventory distribution charts can be found below:

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



Huabao International Holdings Days Inventory Calculation

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

Huabao International 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
=( (146.52 + 139.324) / 2 ) / 257.482*365
=142.922 / 257.482*365
=202.60

Huabao International 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
=( (148.771 + 139.324) / 2 ) / 141.383*365 / 2
=144.0475 / 141.383*365 / 2
=185.94

* 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.


Huabao International Holdings  (OTCPK:HUIHY) 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.

Huabao International Holdings'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.

Huabao International Holdings'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.


Huabao International Holdings Days Inventory Related Terms

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


Huabao International Holdings (Huabao International Holdings) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 3008, 30th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Huabao International Holdings Ltd is an investment holding company. Its segments are Flavours and fragrances, Tobacco raw materials, aroma raw materials, and Condiments. The company generates maximum revenue from Flavours and fragrances segment. Its Flavours and fragrances segment includes research and development, production and sale of flavors and fragrances products.

Huabao International Holdings (Huabao International Holdings) Headlines

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