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Get Nice Financial Group (HKSE:01469) Days Inventory : 0.00 (As of Sep. 2023)


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What is Get Nice Financial Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Get Nice Financial Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$0.0 Mil. Get Nice Financial Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$13.5 Mil. Hence, Get Nice Financial Group's Days Inventory for the six months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Get Nice Financial Group's Days Inventory or its related term are showing as below:

HKSE:01469's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 58.365
* Ranked among companies with meaningful Days Inventory only.

Get Nice Financial Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Get Nice Financial Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.


Get Nice Financial Group Days Inventory Historical Data

The historical data trend for Get Nice Financial Group'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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Get Nice Financial Group Days Inventory Chart

Get Nice Financial Group Annual Data
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Get Nice Financial Group Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Get Nice Financial Group's Days Inventory

For the Capital Markets subindustry, Get Nice Financial Group'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.


Get Nice Financial Group's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Get Nice Financial Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Get Nice Financial Group's Days Inventory falls into.



Get Nice Financial Group Days Inventory Calculation

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

Get Nice Financial Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 30.567*365
=0 / 30.567*365
=0.00

Get Nice Financial Group'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 13.509*365 / 2
=0 / 13.509*365 / 2
=0.00

* 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.


Get Nice Financial Group  (HKSE:01469) 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.

Get Nice Financial Group's Inventory Turnover for the six 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.

Get Nice Financial Group's Inventory to Revenue for the six 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.


Get Nice Financial Group Days Inventory Related Terms

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Get Nice Financial Group (HKSE:01469) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, 10th Floor Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Financial Group Ltd is an investment holding company. The company's segment includes Broking; Securities margin financing; Corporate finance; Asset Management and Investments. The company generates maximum revenue from the Securities margin financing segment. Geographically, the company derives a majority of its revenue from Hong Kong.

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