Zero Fintech Group (HKSE:00093) Days Inventory : 509.92 (As of Jun. 2024)

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What is Zero Fintech Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zero Fintech Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$54.1 Mil. Zero Fintech Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$19.4 Mil. Hence, Zero Fintech Group's Days Inventory for the six months ended in Jun. 2024 was 509.92.

The historical rank and industry rank for Zero Fintech Group's Days Inventory or its related term are showing as below:

HKSE:00093' s Days Inventory Range Over the Past 10 Years
Min: 470.86 Med: 7129.03 Max: 16247.29
Current: 470.86

During the past 13 years, Zero Fintech Group's highest Days Inventory was 16247.29. The lowest was 470.86. And the median was 7129.03.

HKSE:00093's Days Inventory is ranked worse than
88.17% of 93 companies
in the Credit Services industry
Industry Median: 47.2 vs HKSE:00093: 470.86

Zero Fintech Group's Days Inventory declined from Jun. 2023 (884.97) to Jun. 2024 (509.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zero Fintech Group's Inventory Turnover for the six months ended in Jun. 2024 was 0.36.

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. Zero Fintech Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.46.

Zero Fintech Group Days Inventory Historical Data

The historical data trend for Zero Fintech Group'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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Zero Fintech Group Days Inventory Chart

Zero Fintech Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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6,581.78

13,161.81

470.29

Zero Fintech Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	884.97	-	509.92	437.53

Competitive Comparison of Zero Fintech Group's Days Inventory

For the Credit Services subindustry, Zero Fintech Group'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.

Zero Fintech Group's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zero Fintech Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zero Fintech Group's Days Inventory falls into.

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Zero Fintech Group Days Inventory Calculation

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

Zero Fintech Group'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
=	( (55.052	+	54.265)	/	2 )	/	0	*	365
=	54.6585					/	0	*	365
=	N/A

Zero Fintech Group'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
=	( (54.265	+	53.882)	/	2 )	/	19.353	*	365 / 2
=	54.0735					/	19.353	*	365 / 2
=	509.92

Zero Fintech Group (HKSE:00093) 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.

Zero Fintech Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.353	/	54.0735
	=	0.36

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.

Zero Fintech Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54.0735	/	116.981
	=	0.46

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.

Zero Fintech Group Days Inventory Related Terms

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

Zero Fintech Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zero Fintech Group Ltd (HKSE:00093) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Room 2107-08, 21st Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG

Website

https://www.zerofintech.com.hk

Zero Fintech Group Ltd is engaged in financial lending business including property development and investment business, mortgage and personal loan financing.

Executives

Hsbc International Trustee Limited	2301 Trustee
Lee & Leung (b.v.i.) Limited	2101 Beneficial owner
Lee & Leung Family Investment Limited	2201 Interest of corporation controlled by you
Aeasy Finance Holdings Limited	2201 Interest of corporation controlled by you
Lee Tommy	2201 Interest of corporation controlled by you
Lee Lap	2501 Other
Leung Lai Ping	2305 Beneficiary of a trust

Zero Fintech Group Headlines

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