Qeeka Home (Cayman) (HKSE:01739) Days Inventory : 1.46 (As of Dec. 2023)

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What is Qeeka Home (Cayman) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Qeeka Home (Cayman)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$4 Mil. Qeeka Home (Cayman)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$489 Mil. Hence, Qeeka Home (Cayman)'s Days Inventory for the six months ended in Dec. 2023 was 1.46.

The historical rank and industry rank for Qeeka Home (Cayman)'s Days Inventory or its related term are showing as below:

HKSE:01739' s Days Inventory Range Over the Past 10 Years
Min: 1.73 Med: 16.03 Max: 45.85
Current: 1.73

During the past 9 years, Qeeka Home (Cayman)'s highest Days Inventory was 45.85. The lowest was 1.73. And the median was 16.03.

HKSE:01739's Days Inventory is ranked better than
84.58% of 240 companies
in the Interactive Media industry
Industry Median: 18.305 vs HKSE:01739: 1.73

Qeeka Home (Cayman)'s Days Inventory declined from Dec. 2022 (2.78) to Dec. 2023 (1.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Qeeka Home (Cayman)'s Inventory Turnover for the six months ended in Dec. 2023 was 125.41.

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. Qeeka Home (Cayman)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Qeeka Home (Cayman) Days Inventory Historical Data

The historical data trend for Qeeka Home (Cayman)'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.

Qeeka Home (Cayman) Days Inventory Chart

Qeeka Home (Cayman) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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27.17

7.15

2.21

2.69

1.90

Qeeka Home (Cayman) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											2.07	3.35	2.78	1.98	1.46

Competitive Comparison of Qeeka Home (Cayman)'s Days Inventory

For the Internet Content & Information subindustry, Qeeka Home (Cayman)'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.

Qeeka Home (Cayman)'s Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qeeka Home (Cayman)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Qeeka Home (Cayman)'s Days Inventory falls into.

Qeeka Home (Cayman) Days Inventory Calculation

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

Qeeka Home (Cayman)'s Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.943	+	4.929)	/	2 )	/	756.388	*	365
=	3.936					/	756.388	*	365
=	1.90

Qeeka Home (Cayman)'s Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.865	+	4.929)	/	2 )	/	488.719	*	365 / 2
=	3.897					/	488.719	*	365 / 2
=	1.46

Qeeka Home (Cayman) (HKSE:01739) 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.

Qeeka Home (Cayman)'s Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	488.719	/	3.897
	=	125.41

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.

Qeeka Home (Cayman)'s Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.897	/	754.727
	=	0.01

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.

Qeeka Home (Cayman) Days Inventory Related Terms

Thank you for viewing the detailed overview of Qeeka Home (Cayman)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Qeeka Home (Cayman) (HKSE:01739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qeeka Home (Cayman) Inc (HKSE:01739) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1926, Cao An Highway, Building 1, Jiading District, Shanghai, CHN

Website

https://www.qeeka.com

Qeeka Home (Cayman) Inc is a provider of SaaS solution in the Interior design and construction industry in China. The principal activities of the Group are the provision of SaaS based total marketing solution (SaaS), provision of targeted marketing services and inspection services (Marketing Service); provision of building and home decoration material supply chain services (Supply Chain Services); provision of interior design and construction service and licensing its brand to business partners and others (Interior Design and Construction); and the provision of other initiative services (Innovation and others). All the revenue of the group was generated in the PRC.

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