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Grown Up Group Investment Holdings (HKSE:01842) Days Inventory

: 32.98 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Grown Up Group Investment Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$23.8 Mil. Grown Up Group Investment Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$131.5 Mil. Hence, Grown Up Group Investment Holdings's Days Inventory for the six months ended in Jun. 2023 was 32.98.

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

HKSE:01842' s Days Inventory Range Over the Past 10 Years
Min: 23.76   Med: 44.25   Max: 78.75
Current: 36.84

During the past 8 years, Grown Up Group Investment Holdings's highest Days Inventory was 78.75. The lowest was 23.76. And the median was 44.25.

HKSE:01842's Days Inventory is ranked better than
90.71% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs HKSE:01842: 36.84

Grown Up Group Investment Holdings's Days Inventory increased from Jun. 2022 (16.74) to Jun. 2023 (32.98). It might indicate that Grown Up Group Investment Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grown Up Group Investment Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 5.53.

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. Grown Up Group Investment Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.15.


Grown Up Group Investment Holdings Days Inventory Historical Data

The historical data trend for Grown Up Group Investment 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.

* Premium members only.

Grown Up Group Investment Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only 58.81 78.75 50.77 23.76 40.87

Grown Up Group Investment Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 41.82 16.74 20.91 32.98 36.89

Competitive Comparison

For the Footwear & Accessories subindustry, Grown Up Group Investment 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.


Grown Up Group Investment Holdings Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grown Up Group Investment Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grown Up Group Investment Holdings's Days Inventory falls into.



Grown Up Group Investment Holdings Days Inventory Calculation

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

Grown Up Group Investment 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
=( (15.81 + 27.848) / 2 ) / 335.278*365
=21.829 / 335.278*365
=23.76

Grown Up Group Investment 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
=( (27.848 + 19.66) / 2 ) / 131.453*365 / 2
=23.754 / 131.453*365 / 2
=32.98

* 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.


Grown Up Group Investment Holdings  (HKSE:01842) 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.

Grown Up Group Investment Holdings's Inventory Turnover for the six months ended in Jun. 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.

Grown Up Group Investment Holdings's Inventory to Revenue for the six months ended in Jun. 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.


Grown Up Group Investment Holdings Days Inventory Related Terms

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Grown Up Group Investment Holdings (HKSE:01842) Business Description

Traded in Other Exchanges
N/A
Address
55 Ting Kok Road, Tai Po, Flat D, 7th Floor, Block 2, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG
Grown Up Group Investment Holdings Ltd is engaged in the manufacturing and sale of backpack and luggage. The backpack and luggage products are categorized into private label products and branded products covering licensed brand products. These products catered to kid, teen, sports, leisure, business, travel, and technical segments. It operates in The private label products segment products are produced and sold under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) businesses to the brand owners or their licensees. The branded label products segment products branded under the Group's proprietary Ellehammer brand as well as the licensed brands, distributed through the Group's sales network.

Grown Up Group Investment Holdings (HKSE:01842) Headlines

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