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Celestial Asia Securities Holdings (FRA:CE0) Days Inventory : 28.36 (As of Dec. 2023)


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What is Celestial Asia Securities Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Celestial Asia Securities Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €4.8 Mil. Celestial Asia Securities Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €31.1 Mil. Hence, Celestial Asia Securities Holdings's Days Inventory for the six months ended in Dec. 2023 was 28.36.

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

FRA:CE0' s Days Inventory Range Over the Past 10 Years
Min: 21.82   Med: 28.13   Max: 32.3
Current: 30.48

During the past 13 years, Celestial Asia Securities Holdings's highest Days Inventory was 32.30. The lowest was 21.82. And the median was 28.13.

FRA:CE0's Days Inventory is ranked better than
86.92% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 109.22 vs FRA:CE0: 30.48

Celestial Asia Securities Holdings's Days Inventory declined from Dec. 2022 (32.07) to Dec. 2023 (28.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Celestial Asia Securities Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 6.44.

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. Celestial Asia Securities Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


Celestial Asia Securities Holdings Days Inventory Historical Data

The historical data trend for Celestial Asia Securities 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.

Celestial Asia Securities Holdings Days Inventory Chart

Celestial Asia Securities Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.79 31.90 31.09 31.19 29.24

Celestial Asia Securities Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 29.05 31.10 32.07 34.79 28.36

Competitive Comparison of Celestial Asia Securities Holdings's Days Inventory

For the Department Stores subindustry, Celestial Asia Securities 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.


Celestial Asia Securities Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Celestial Asia Securities Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Celestial Asia Securities Holdings's Days Inventory falls into.



Celestial Asia Securities Holdings Days Inventory Calculation

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

Celestial Asia Securities Holdings'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
=( (6.866 + 3.547) / 2 ) / 65*365
=5.2065 / 65*365
=29.24

Celestial Asia Securities Holdings'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
=( (6.112 + 3.547) / 2 ) / 31.082*365 / 2
=4.8295 / 31.082*365 / 2
=28.36

* 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.


Celestial Asia Securities Holdings  (FRA:CE0) 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.

Celestial Asia Securities Holdings's Inventory Turnover for the six months ended in Dec. 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.

Celestial Asia Securities Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Celestial Asia Securities Holdings Days Inventory Related Terms

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


Celestial Asia Securities Holdings (FRA:CE0) Business Description

Traded in Other Exchanges
Address
23 Wang Tai Road, 28th Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
Celestial Asia Securities Holdings Ltd is an investment holding company. The reportable segments of the company are as follows: 1) Retailing segment includes sales of furniture and household goods and electrical appliances; 2) Asset Management segment includes the provision of asset management services to the fund investors; 3) Financial Services segment includes the provision of broking, investment banking and wealth management services under the business operations of CFSG. The company's operations are located in Hong Kong and the People's Republic of China.

Celestial Asia Securities Holdings (FRA:CE0) Headlines

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