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Days Inventory is also known as Days Sales of Inventory (DSI). HK Electric Investments and HK Electric Investments's Average Total Inventories for the six months ended in Jun. 2024 was €122 Mil. HK Electric Investments and HK Electric Investments's Cost of Goods Sold for the six months ended in Jun. 2024 was €311 Mil. Hence, HK Electric Investments and HK Electric Investments's Days Inventory for the six months ended in Jun. 2024 was 71.61.
The historical rank and industry rank for HK Electric Investments and HK Electric Investments's Days Inventory or its related term are showing as below:
During the past 11 years, HK Electric Investments and HK Electric Investments's highest Days Inventory was 83.01. The lowest was 52.86. And the median was 65.20.
HK Electric Investments and HK Electric Investments's Days Inventory declined from Jun. 2023 (98.50) to Jun. 2024 (71.61).
Inventory Turnover measures how fast the company turns over its inventory within a year. HK Electric Investments and HK Electric Investments's Inventory Turnover for the six months ended in Jun. 2024 was 2.55.
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. HK Electric Investments and HK Electric Investments's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.18.
The historical data trend for HK Electric Investments and HK Electric Investments'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.
HK Electric Investments and HK Electric Investments Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 59.33 | 55.31 | 52.54 | 77.98 | 84.61 |
HK Electric Investments and HK Electric Investments Semi-Annual Data | ||||||||||||||||||||
Dec14 | Jun15 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
Days Inventory | Get a 7-Day Free Trial | 93.97 | 104.04 | 98.50 | 70.47 | 71.61 |
For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.
For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Days Inventory distribution charts can be found below:
* The bar in red indicates where HK Electric Investments and HK Electric Investments's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HK Electric Investments and HK Electric Investments'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 |
= | ( (175.331 | + | 117.769) | / | 2 ) | / | 632.171 | * | 365 |
= | 146.55 | / | 632.171 | * | 365 | ||||
= | 84.61 |
HK Electric Investments and HK Electric Investments's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (117.769 | + | 126.325) | / | 2 ) | / | 311.055 | * | 365 / 2 |
= | 122.047 | / | 311.055 | * | 365 / 2 | ||||
= | 71.61 |
* 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.
HK Electric Investments and HK Electric Investments (FRA:HKT) 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.
HK Electric Investments and HK Electric Investments's Inventory Turnover for the six months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 311.055 | / | 122.047 | |
= | 2.55 |
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.
HK Electric Investments and HK Electric Investments's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 122.047 | / | 662.79 | |
= | 0.18 |
* 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.
Thank you for viewing the detailed overview of HK Electric Investments and HK Electric Investments's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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