Dapai International Holdings Co (SGX:FP1) Days Inventory : 127.54 (As of Jun. 2017)

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What is Dapai International Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dapai International Holdings Co's Average Total Inventories for the three months ended in Jun. 2017 was S$6.78 Mil. Dapai International Holdings Co's Cost of Goods Sold for the three months ended in Jun. 2017 was S$4.85 Mil. Hence, Dapai International Holdings Co's Days Inventory for the three months ended in Jun. 2017 was 127.54.

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

SGX:FP1' s Days Inventory Range Over the Past 10 Years
Min: 7.67 Med: 12.32 Max: 132.6
Current: 132.6

During the past 11 years, Dapai International Holdings Co's highest Days Inventory was 132.60. The lowest was 7.67. And the median was 12.32.

SGX:FP1's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.41 vs SGX:FP1: 132.60

Dapai International Holdings Co's Days Inventory increased from Jun. 2016 (94.48) to Jun. 2017 (127.54). It might indicate that Dapai International Holdings Co'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. Dapai International Holdings Co's Inventory Turnover for the three months ended in Jun. 2017 was 0.72.

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. Dapai International Holdings Co's Inventory-to-Revenue for the three months ended in Jun. 2017 was 1.25.

Dapai International Holdings Co Days Inventory Historical Data

The historical data trend for Dapai International Holdings 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.

Dapai International Holdings Co Days Inventory Chart

Dapai International Holdings Co Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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12.02

59.65

80.59

124.00

127.95

Dapai International Holdings Co Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Inventory	Get a 7-Day Free Trial															94.48	335.81	81.57	272.60	127.54

Competitive Comparison of Dapai International Holdings Co's Days Inventory

For the Footwear & Accessories subindustry, Dapai International Holdings 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.

Dapai International Holdings Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dapai International Holdings Co's Days Inventory distribution charts can be found below:

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

Dapai International Holdings Co Days Inventory Calculation

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

Dapai International Holdings Co's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (14.331	+	5.832)	/	2 )	/	28.76	*	365
=	10.0815					/	28.76	*	365
=	127.95

Dapai International Holdings Co's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

	Days Inventory (Q: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (6.781	+	6.774)	/	2 )	/	4.849	*	365 / 4
=	6.7775					/	4.849	*	365 / 4
=	127.54

Dapai International Holdings Co (SGX:FP1) 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.

Dapai International Holdings Co's Inventory Turnover for the three months ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.849	/	6.7775
	=	0.72

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.

Dapai International Holdings Co's Inventory to Revenue for the three months ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.7775	/	5.438
	=	1.25

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.

Dapai International Holdings Co Days Inventory Related Terms

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

Dapai International Holdings Co (SGX:FP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dapai International Holdings Co Ltd (SGX:FP1) » Definitions » Days Inventory

Comparable Companies

SGX:FQ8

Traded in Other Exchanges

N/A

Address

Website

http://www.dapai-bag.com

Dapai International Holdings Co Ltd is backpack company in China. The group designs, manufactures and sells backpacks under the DAPAI brand. Its product collections are suited for sports, fashion, business, and leisure. The company's products are targeted at the mid-range mass market consumer segment and are sold by distributor-own concessionary retail outlets in different provinces, autonomous regions and municipalities located within department stores, supermarkets and hypermarkets in China. The group's business segments are Manufacturing and sales of the backpack to distributors and retailers and Manufacturing and sales of luggage to distributors and retailers. The majority of its revenue is generated from the sales of bagpacks worldwide.

Dapai International Holdings Co (SGX:FP1) Headlines

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