Kong Sun Holdings (HKSE:00295) Days Inventory : 26.63 (As of Jun. 2024)

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What is Kong Sun Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kong Sun Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$17.4 Mil. Kong Sun Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$119.0 Mil. Hence, Kong Sun Holdings's Days Inventory for the six months ended in Jun. 2024 was 26.63.

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

HKSE:00295' s Days Inventory Range Over the Past 10 Years
Min: 0.47 Med: 1.45 Max: 23.61
Current: 23.61

During the past 13 years, Kong Sun Holdings's highest Days Inventory was 23.61. The lowest was 0.47. And the median was 1.45.

HKSE:00295's Days Inventory is ranked better than
59.33% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.18 vs HKSE:00295: 23.61

Kong Sun Holdings's Days Inventory increased from Jun. 2023 (2.46) to Jun. 2024 (26.63). It might indicate that Kong Sun Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kong Sun Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 6.85.

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. Kong Sun Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.07.

Kong Sun Holdings Days Inventory Historical Data

The historical data trend for Kong Sun Holdings'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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Kong Sun Holdings Days Inventory Chart

Kong Sun Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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1.55

1.96

1.87

12.12

31.89

Kong Sun Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															1.52	2.46	12.75	26.63	48.11

Competitive Comparison of Kong Sun Holdings's Days Inventory

For the Utilities - Renewable subindustry, Kong Sun Holdings'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.

Kong Sun Holdings's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kong Sun Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kong Sun Holdings's Days Inventory falls into.

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Kong Sun Holdings Days Inventory Calculation

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

Kong Sun Holdings'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
=	( (2.147	+	16.391)	/	2 )	/	279.073	*	365
=	9.269					/	279.073	*	365
=	12.12

Kong Sun Holdings'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
=	( (16.391	+	18.343)	/	2 )	/	118.998	*	365 / 2
=	17.367					/	118.998	*	365 / 2
=	26.63

Kong Sun Holdings (HKSE:00295) 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.

Kong Sun Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	118.998	/	17.367
	=	6.85

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.

Kong Sun Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.367	/	246.622
	=	0.07

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.

Kong Sun Holdings Days Inventory Related Terms

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

Kong Sun Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kong Sun Holdings Ltd (HKSE:00295) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

108 Gloucester Road, Everbright Centre, Unit 803-4, 8th Floor, Wanchai, Hong Kong, HKG

Website

http://www.kongsun.com

Kong Sun Holdings Ltd owns and operates photovoltaic power plants, invest in and lease properties, manufactures and sells life-like plants, and trade listed securities. It operates through the following segments: Solar Power Plants, Financial Services, and Liquefied natural gas. The Solar Power Plants segment which derives the majority of revenue generates and sells electricity. The Financial Services segment generates interest income recognized on a time-proportion basis. The Liquefied natural gas segment engages in the trading of liquefied natural gas.

Executives

Miao Yu	2201 Interest of corporation controlled by you
Prospect Ace Limited	2101 Beneficial owner
Xiang Jun	2101 Beneficial owner

Kong Sun Holdings Headlines

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