Chowngng Holdings International (HKSE:00116) Days Inventory : 243.15 (As of Dec. 2023)

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What is Chowngng Holdings International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chowngng Holdings International's Average Total Inventories for the six months ended in Dec. 2023 was HK$12,054 Mil. Chowngng Holdings International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9,047 Mil. Hence, Chowngng Holdings International's Days Inventory for the six months ended in Dec. 2023 was 243.15.

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

HKSE:00116' s Days Inventory Range Over the Past 10 Years
Min: 172.92 Med: 213.11 Max: 297.08
Current: 239.37

During the past 13 years, Chowngng Holdings International's highest Days Inventory was 297.08. The lowest was 172.92. And the median was 213.11.

HKSE:00116's Days Inventory is ranked worse than
83.05% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 111.025 vs HKSE:00116: 239.37

Chowngng Holdings International's Days Inventory declined from Dec. 2022 (267.33) to Dec. 2023 (243.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chowngng Holdings International's Inventory Turnover for the six months ended in Dec. 2023 was 0.75.

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. Chowngng Holdings International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.00.

Chowngng Holdings International Days Inventory Historical Data

The historical data trend for Chowngng Holdings International'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.

Chowngng Holdings International Days Inventory Chart

Chowngng Holdings International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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230.74

297.08

223.44

282.74

241.58

Chowngng Holdings International 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															241.17	284.02	267.33	233.55	243.15

Competitive Comparison of Chowngng Holdings International's Days Inventory

For the Luxury Goods subindustry, Chowngng Holdings International'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.

Chowngng Holdings International's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Chowngng Holdings International's Days Inventory falls into.

Chowngng Holdings International Days Inventory Calculation

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

Chowngng Holdings International'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
=	( (12112.349	+	12256.832)	/	2 )	/	18409.837	*	365
=	12184.5905					/	18409.837	*	365
=	241.58

Chowngng Holdings International'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
=	( (11850.854	+	12256.832)	/	2 )	/	9047.047	*	365 / 2
=	12053.843					/	9047.047	*	365 / 2
=	243.15

Chowngng Holdings International (HKSE:00116) 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.

Chowngng Holdings International's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9047.047	/	12053.843
	=	0.75

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.

Chowngng Holdings International's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12053.843	/	12013.561
	=	1.00

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.

Chowngng Holdings International Days Inventory Related Terms

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

Chowngng Holdings International (HKSE:00116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Sang Sang Holdings International Ltd (HKSE:00116) » Definitions » Days Inventory

Traded in Other Exchanges

CJW1:Germany

Address

229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG

Website

https://www.chowsangsang.com

Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operate retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.

Chowngng Holdings International (HKSE:00116) Headlines

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