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Continental Aerospace Technologies Holding (HKSE:00232) Days Inventory : 179.04 (As of Dec. 2023)


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What is Continental Aerospace Technologies Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Continental Aerospace Technologies Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$618 Mil. Continental Aerospace Technologies Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$630 Mil. Hence, Continental Aerospace Technologies Holding's Days Inventory for the six months ended in Dec. 2023 was 179.04.

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

HKSE:00232' s Days Inventory Range Over the Past 10 Years
Min: 156.15   Med: 168.85   Max: 20101.88
Current: 169.48

During the past 13 years, Continental Aerospace Technologies Holding's highest Days Inventory was 20101.88. The lowest was 156.15. And the median was 168.85.

HKSE:00232's Days Inventory is ranked worse than
56.75% of 289 companies
in the Aerospace & Defense industry
Industry Median: 145.08 vs HKSE:00232: 169.48

Continental Aerospace Technologies Holding's Days Inventory increased from Dec. 2022 (165.11) to Dec. 2023 (179.04). It might indicate that Continental Aerospace Technologies Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Continental Aerospace Technologies Holding's Inventory Turnover for the six months ended in Dec. 2023 was 1.02.

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. Continental Aerospace Technologies Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.69.


Continental Aerospace Technologies Holding Days Inventory Historical Data

The historical data trend for Continental Aerospace Technologies 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.

* Premium members only.

Continental Aerospace Technologies Holding Days Inventory Chart

Continental Aerospace Technologies Holding 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 162.68 159.96 156.15 160.12 168.85

Continental Aerospace Technologies Holding 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 158.15 141.52 165.11 160.58 179.04

Competitive Comparison of Continental Aerospace Technologies Holding's Days Inventory

For the Aerospace & Defense subindustry, Continental Aerospace Technologies 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.


Continental Aerospace Technologies Holding's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Days Inventory falls into.



Continental Aerospace Technologies Holding Days Inventory Calculation

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

Continental Aerospace Technologies Holding'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
=( (522.183 + 645.985) / 2 ) / 1262.612*365
=584.084 / 1262.612*365
=168.85

Continental Aerospace Technologies Holding'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
=( (590.629 + 645.985) / 2 ) / 630.241*365 / 2
=618.307 / 630.241*365 / 2
=179.04

* 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.


Continental Aerospace Technologies Holding  (HKSE:00232) 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.

Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding'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.


Continental Aerospace Technologies Holding Days Inventory Related Terms

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


Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG
Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.
Executives
Aviation Industry Corporation Of China, Ltd 2201 Interest of corporation controlled by you
Avic International Holding Corporation 2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

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