VPower Group International Holdings (HKSE:01608) Days Inventory : 227.62 (As of Jun. 2023)

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What is VPower Group International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VPower Group International Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$1,075 Mil. VPower Group International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$862 Mil. Hence, VPower Group International Holdings's Days Inventory for the six months ended in Jun. 2023 was 227.62.

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

HKSE:01608' s Days Inventory Range Over the Past 10 Years
Min: 104.12 Med: 174.11 Max: 208.89
Current: 187.34

During the past 10 years, VPower Group International Holdings's highest Days Inventory was 208.89. The lowest was 104.12. And the median was 174.11.

HKSE:01608's Days Inventory is ranked worse than
72.79% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs HKSE:01608: 187.34

VPower Group International Holdings's Days Inventory increased from Jun. 2022 (167.11) to Jun. 2023 (227.62). It might indicate that VPower Group International Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VPower Group International Holdings's Inventory Turnover for the six months ended in Jun. 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. VPower Group International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.08.

VPower Group International Holdings Days Inventory Historical Data

The historical data trend for VPower Group 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.

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VPower Group International Holdings Days Inventory Chart

VPower Group International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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208.89

189.46

146.35

104.12

164.45

VPower Group International Holdings Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial													138.64	84.06	167.11	164.19	227.62

Competitive Comparison of VPower Group International Holdings's Days Inventory

For the Electrical Equipment & Parts subindustry, VPower Group 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.

VPower Group International Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VPower Group International Holdings's Days Inventory distribution charts can be found below:

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

VPower Group International Holdings Days Inventory Calculation

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

VPower Group International Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1262.964	+	1169.538)	/	2 )	/	2699.447	*	365
=	1216.251					/	2699.447	*	365
=	164.45

VPower Group International Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1169.538	+	980.102)	/	2 )	/	861.757	*	365 / 2
=	1074.82					/	861.757	*	365 / 2
=	227.62

VPower Group International Holdings (HKSE:01608) 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.

VPower Group International Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	861.757	/	1074.82
	=	0.80

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.

VPower Group International Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1074.82	/	998.123
	=	1.08

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.

VPower Group International Holdings Days Inventory Related Terms

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VPower Group International Holdings (HKSE:01608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VPower Group International Holdings Ltd (HKSE:01608) » Definitions » Days Inventory

Traded in Other Exchanges

2V3:Germany

Address

18-22 Tak cStreet, Units 2701-05, 27th Floor, Office Tower 1, The Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.vpower.com

VPower Group International Holdings Ltd owns and operates utility-grade distributed power generation systems. It runs and leases DPG stations, and designs integrate, and sell gas and diesel-fired generator sets and power generation systems. It operates through System Integration and Investment, Building, and Operation Segments; the system Integration segment is engaged in the design, integration, sale, and installation of engine-based electricity generation units; the Investment, Building, and Operation segments are engaged in the design, investment, building, leasing, and operation of distributive power generation stations to provide distributive power solutions. Geographically, business operations function in Hong Kong, mainland China, Asian countries, and Other countries.

VPower Group International Holdings (HKSE:01608) Headlines

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