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Asia Standard Hotel Group (HKSE:00292) Days Inventory : 6,489.85 (As of Mar. 2024)


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What is Asia Standard Hotel Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Standard Hotel Group's Average Total Inventories for the six months ended in Mar. 2024 was HK$2,065.9 Mil. Asia Standard Hotel Group's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$58.1 Mil. Hence, Asia Standard Hotel Group's Days Inventory for the six months ended in Mar. 2024 was 6,489.85.

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

HKSE:00292' s Days Inventory Range Over the Past 10 Years
Min: 2.3   Med: 791.48   Max: 10071.65
Current: 6296.27

During the past 13 years, Asia Standard Hotel Group's highest Days Inventory was 10071.65. The lowest was 2.30. And the median was 791.48.

HKSE:00292's Days Inventory is ranked worse than
95.76% of 165 companies
in the Asset Management industry
Industry Median: 78.38 vs HKSE:00292: 6296.27

Asia Standard Hotel Group's Days Inventory declined from Mar. 2023 (9,770.58) to Mar. 2024 (6,489.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Standard Hotel Group's Inventory Turnover for the six months ended in Mar. 2024 was 0.03.

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. Asia Standard Hotel Group's Inventory-to-Revenue for the six months ended in Mar. 2024 was 4.95.


Asia Standard Hotel Group Days Inventory Historical Data

The historical data trend for Asia Standard Hotel 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.

* Premium members only.

Asia Standard Hotel Group Days Inventory Chart

Asia Standard Hotel Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 971.66 9,278.70 10,071.65 9,194.65 6,362.23

Asia Standard Hotel Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 9,587.07 8,427.10 9,770.58 6,031.16 6,489.85

Competitive Comparison of Asia Standard Hotel Group's Days Inventory

For the Asset Management subindustry, Asia Standard Hotel 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.


Asia Standard Hotel Group's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard Hotel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Standard Hotel Group's Days Inventory falls into.



Asia Standard Hotel Group Days Inventory Calculation

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

Asia Standard Hotel Group's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1808.952 + 2193.048) / 2 ) / 114.797*365
=2001 / 114.797*365
=6,362.23

Asia Standard Hotel Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1938.763 + 2193.048) / 2 ) / 58.095*365 / 2
=2065.9055 / 58.095*365 / 2
=6,489.85

* 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.


Asia Standard Hotel Group  (HKSE:00292) 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.

Asia Standard Hotel Group's Inventory Turnover for the six months ended in Mar. 2024 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.

Asia Standard Hotel Group's Inventory to Revenue for the six months ended in Mar. 2024 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.


Asia Standard Hotel Group Days Inventory Related Terms

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


Asia Standard Hotel Group Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

Asia Standard Hotel Group Headlines

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