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Simplicity Holding (HKSE:08367) Days Inventory : 22.70 (As of Sep. 2023)


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What is Simplicity Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Simplicity Holding's Average Total Inventories for the three months ended in Sep. 2023 was HK$4.02 Mil. Simplicity Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$16.16 Mil. Hence, Simplicity Holding's Days Inventory for the three months ended in Sep. 2023 was 22.70.

The historical rank and industry rank for Simplicity Holding's Days Inventory or its related term are showing as below:

HKSE:08367' s Days Inventory Range Over the Past 10 Years
Min: 3.94   Med: 5.19   Max: 16.16
Current: 16.16

During the past 8 years, Simplicity Holding's highest Days Inventory was 16.16. The lowest was 3.94. And the median was 5.19.

HKSE:08367's Days Inventory is ranked worse than
51.63% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs HKSE:08367: 16.16

Simplicity Holding's Days Inventory increased from Sep. 2022 (8.12) to Sep. 2023 (22.70). It might indicate that Simplicity Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Simplicity Holding's Inventory Turnover for the three months ended in Sep. 2023 was 4.02.

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. Simplicity Holding's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.18.


Simplicity Holding Days Inventory Historical Data

The historical data trend for Simplicity Holding'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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Simplicity Holding Days Inventory Chart

Simplicity Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 3.94 5.43 8.41 10.02 15.22

Simplicity Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial 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 Premium Member Only Premium Member Only Premium Member Only 8.12 9.41 12.72 27.52 22.70

Competitive Comparison of Simplicity Holding's Days Inventory

For the Restaurants subindustry, Simplicity Holding'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.


Simplicity Holding's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Simplicity Holding's Days Inventory falls into.



Simplicity Holding Days Inventory Calculation

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

Simplicity Holding'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
=( (1.811 + 3.804) / 2 ) / 67.34*365
=2.8075 / 67.34*365
=15.22

Simplicity Holding'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 4.019) / 1 ) / 16.159*365 / 4
=4.019 / 16.159*365 / 4
=22.70

* 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.


Simplicity Holding  (HKSE:08367) 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.

Simplicity Holding's Inventory Turnover for the three months ended in Sep. 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.

Simplicity Holding's Inventory to Revenue for the three months ended in Sep. 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.


Simplicity Holding Days Inventory Related Terms

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


Simplicity Holding (HKSE:08367) Business Description

Traded in Other Exchanges
N/A
Address
35/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong, HKG
Simplicity Holding Ltd is a casual dining full-service restaurant operator. It offers Chinese, Western, and Thai Cuisine. Its reportable segments are Chinese cuisine; Thai cuisine; Malaysian cuisine; and Sales of food ingredients and beverages and Aircraft engine stand repairing and maintenance services. The firm derives the majority of its revenue from restaurant operations.

Simplicity Holding (HKSE:08367) Headlines

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