Kin Shing Holdings (HKSE:01630) Days Inventory : 0.00 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Kin Shing Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$0.0 Mil. Kin Shing Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$533.9 Mil. Hence, Kin Shing Holdings's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

HKSE:01630's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.8
* Ranked among companies with meaningful Days Inventory only.

Kin Shing Holdings'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. Kin Shing Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Kin Shing Holdings Days Inventory Historical Data

The historical data trend for Kin Shing 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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Kin Shing Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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Kin Shing Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison

For the Engineering & Construction subindustry, Kin Shing 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.

Kin Shing Holdings Days Inventory Distribution

For the Construction industry and Industrials sector, Kin Shing Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kin Shing Holdings's Days Inventory falls into.

Kin Shing Holdings Days Inventory Calculation

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

Kin Shing Holdings'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 )	/	459.502	*	365
=	0					/	459.502	*	365
=	0.00

Kin Shing Holdings'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 )	/	533.895	*	365 / 2
=	0					/	533.895	*	365 / 2
=	0.00

Kin Shing Holdings (HKSE:01630) 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.

Kin Shing Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	533.895	/	0
	=

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.

Kin Shing Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	543.918
	=	0.00

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.

Kin Shing Holdings Days Inventory Related Terms

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Kin Shing Holdings (HKSE:01630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kin Shing Holdings Ltd (HKSE:01630) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Cheung Yue Street, Unit D, 9th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.kinshingholdings.com.hk

Kin Shing Holdings Ltd is an investment holding company. The group is a formwork subcontractor. The operating segments of the company include the Formwork works segment which is engaged in the provision of formwork works and other ancillary works and the Building construction works segment and the Trading and Investment business which is engaged in investing in financial instruments. The company generates maximum revenue from the Formwork works segment. Geographically, the group's operations are located in Hong Kong.

Kin Shing Holdings (HKSE:01630) Headlines

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