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CHTC Fong's International Co (HKSE:00641) Days Inventory : 88.39 (As of Dec. 2024)


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What is CHTC Fong's International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CHTC Fong's International Co's Average Total Inventories for the six months ended in Dec. 2024 was HK$385 Mil. CHTC Fong's International Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$795 Mil. Hence, CHTC Fong's International Co's Days Inventory for the six months ended in Dec. 2024 was 88.39.

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

HKSE:00641' s Days Inventory Range Over the Past 10 Years
Min: 96.83   Med: 113.79   Max: 156.83
Current: 97.99

During the past 13 years, CHTC Fong's International Co's highest Days Inventory was 156.83. The lowest was 96.83. And the median was 113.79.

HKSE:00641's Days Inventory is ranked better than
63.3% of 2921 companies
in the Industrial Products industry
Industry Median: 124.96 vs HKSE:00641: 97.99

CHTC Fong's International Co's Days Inventory declined from Dec. 2023 (135.63) to Dec. 2024 (88.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. CHTC Fong's International Co's Inventory Turnover for the six months ended in Dec. 2024 was 2.06.

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. CHTC Fong's International Co's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.36.


CHTC Fong's International Co Days Inventory Historical Data

The historical data trend for CHTC Fong's International 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.

CHTC Fong's International Co Days Inventory Chart

CHTC Fong's International Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.83 110.46 110.86 133.05 96.83

CHTC Fong's International Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 113.71 142.62 135.63 110.55 88.39

Competitive Comparison of CHTC Fong's International Co's Days Inventory

For the Specialty Industrial Machinery subindustry, CHTC Fong's International 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.


CHTC Fong's International Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Days Inventory distribution charts can be found below:

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


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CHTC Fong's International Co Days Inventory Calculation

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

CHTC Fong's International Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (414.613 + 365.994) / 2 ) / 1471.171*365
=390.3035 / 1471.171*365
=96.83

CHTC Fong's International Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (404.316 + 365.994) / 2 ) / 795.221*365 / 2
=385.155 / 795.221*365 / 2
=88.39

* 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.


CHTC Fong's International Co  (HKSE:00641) 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.

CHTC Fong's International Co's Inventory Turnover for the six months ended in Dec. 2024 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.

CHTC Fong's International Co's Inventory to Revenue for the six months ended in Dec. 2024 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.


CHTC Fong's International Co Days Inventory Related Terms

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


CHTC Fong's International Co Business Description

Traded in Other Exchanges
N/A
Address
1018 Tai Nan West Street, Units 2201 & 2203, Orient International Tower, Cheung Sha Wan, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in the manufacture and sale of dyeing and finishing machines, manufacture and sale of stainless-steel casting products and trading of stainless-steel supplies. The company's segment includes Manufacture and sale of dyeing and finishing machines; Manufacture and sale of stainless-steel casting products, and Trading of stainless-steel supplies. Majority of the revenue is derived from manufacture and sale of dyeing and finishing machines. The group's operations are located mainly in Hong Kong, Mainland China and Germany along with Asia Pacific (other than Mainland China and Hong Kong), Europe, North and South America, and Others.
Executives
China Hi-tech Holding Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Ji Xie Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Heng Tian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
East Asia International Trustees Limited 2201 Interest of corporation controlled by you
Black Jambhala Company Limited 2101 Beneficial owner
Fong Sou Lam 2307 Founder of a discretionary trust who can infl
Fong Kwok Leung Kevin 2305 Beneficiary of a trust

CHTC Fong's International Co Headlines

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