Snack Empire Holdings (HKSE:01843) Days Inventory : 53.72 (As of Sep. 2023)

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What is Snack Empire Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Snack Empire Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$8.1 Mil. Snack Empire Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$27.4 Mil. Hence, Snack Empire Holdings's Days Inventory for the six months ended in Sep. 2023 was 53.72.

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

HKSE:01843' s Days Inventory Range Over the Past 10 Years
Min: 27.13 Med: 43.17 Max: 55.37
Current: 54.2

During the past 7 years, Snack Empire Holdings's highest Days Inventory was 55.37. The lowest was 27.13. And the median was 43.17.

HKSE:01843's Days Inventory is ranked worse than
89.32% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs HKSE:01843: 54.20

Snack Empire Holdings's Days Inventory increased from Sep. 2022 (50.79) to Sep. 2023 (53.72). It might indicate that Snack Empire Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Snack Empire Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 3.40.

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. Snack Empire Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.11.

Snack Empire Holdings Days Inventory Historical Data

The historical data trend for Snack Empire 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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Snack Empire Holdings Days Inventory Chart

Snack Empire Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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36.95

43.17

53.64

55.37

53.05

Snack Empire Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial								53.87	50.71	50.79	57.50	53.72

Competitive Comparison of Snack Empire Holdings's Days Inventory

For the Restaurants subindustry, Snack Empire 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.

Snack Empire Holdings's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Snack Empire Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Snack Empire Holdings's Days Inventory falls into.

Snack Empire Holdings Days Inventory Calculation

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

Snack Empire 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
=	( (8.413	+	9.099)	/	2 )	/	60.243	*	365
=	8.756					/	60.243	*	365
=	53.05

Snack Empire 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
=	( (9.099	+	7.021)	/	2 )	/	27.383	*	365 / 2
=	8.06					/	27.383	*	365 / 2
=	53.72

Snack Empire Holdings (HKSE:01843) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.383	/	8.06
	=	3.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.06	/	71.023
	=	0.11

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.

Snack Empire Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Snack Empire Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Snack Empire Holdings (HKSE:01843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Snack Empire Holdings Ltd (HKSE:01843) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Anson Road, No 21-02, International Plaza, Singapore, SGP, 079903

Website

https://www.snackemp.com

Snack Empire Holdings Ltd is a food and beverage group offering Taiwanese Snacks and Beverages under the Shihlin Taiwan Street Snacks brand. It operates two basic models, namely the Self-operated model and the franchise and license model. Its geographical segments include Singapore, Malaysia, the United States, Indonesia, and others, out of which the majority of the revenue is generated from Singapore.

Snack Empire Holdings (HKSE:01843) Headlines

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