Days Inventory is also known as Days Sales of Inventory (DSI). Vongroup's Average Total Inventories for the
six
months ended in Oct. 2023 was HK$0.2 Mil. Vongroup's Cost of Goods Sold for the
six
months ended in Oct. 2023 was HK$9.6 Mil.
Hence, Vongroup's Days Inventory for the
six
months ended in Oct. 2023 was 4.43.
The historical rank and industry rank for Vongroup's Days Inventory or its related term are showing as below:
HKSE:00318'
s Days Inventory Range Over the Past 10 Years
Min: 33.03 Med: 95.71 Max: 8973.91
Current: 33.03
During the past 13 years, Vongroup's highest Days Inventory was 8973.91. The lowest was 33.03. And the median was 95.71.
HKSE:00318's Days Inventory is ranked worse than 60.01% of 1563
companies
in the Software industry
Industry Median: 19.71
vs HKSE:00318: 33.03
Vongroup's Days Inventory
declined
from Oct. 2022 (34.20) to Oct. 2023 (4.43).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vongroup's Inventory Turnover for the
six
months ended in Oct. 2023 was 41.15.
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.
Vongroup's Inventory-to-Revenue for the
six
months ended in Oct. 2023 was 0.00.
Vongroup Days Inventory Historical Data
The historical data trend for Vongroup'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.
Competitive Comparison of Vongroup's Days Inventory
For the Information Technology Services subindustry, Vongroup'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.
Vongroup's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Vongroup's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vongroup's Days Inventory falls into.
Vongroup Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vongroup's Days Inventory for the fiscal year that ended in Apr. 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.
Vongroup (HKSE:00318) 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.
Vongroup's Inventory Turnover for the
six
months ended in Oct. 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.
Vongroup's Inventory to Revenue for the
six
months ended in Oct. 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.
Vongroup Days Inventory Related Terms
Thank you for viewing the detailed overview of Vongroup's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vongroup Ltd is an investment holding company and the operating segment includes Financial Services, Property, and Technology & management. The majority of the revenue is generated from the Technology & management segment which is engaged in the business paradigms such as fintech, cloud, distance business, and virtual technologies. It helps clients to analyze, design, develop, operate, and maintain integrated e-commerce and other online commercials, educational, and biotech platforms and products. Its geographical segments include Hong Kong, the People's Republic of China, and Macau, out of which the majority of revenue comes from Hong Kong.
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