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Upbest Group (HKSE:00335) Days Inventory : 0.00 (As of Mar. 2024)


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What is Upbest Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Upbest Group's Average Total Inventories for the six months ended in Mar. 2024 was HK$3.0 Mil. Upbest Group's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$0.0 Mil.

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

During the past 13 years, Upbest Group's highest Days Inventory was 152.21. The lowest was 0.05. And the median was 3.62.

HKSE:00335's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 68.16
* Ranked among companies with meaningful Days Inventory only.

Upbest Group's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Upbest Group's Inventory Turnover for the six months ended in Mar. 2024 was 0.00.

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. Upbest Group's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.06.


Upbest Group Days Inventory Historical Data

The historical data trend for Upbest 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.

Upbest Group Days Inventory Chart

Upbest Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
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Upbest Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of Upbest Group's Days Inventory

For the Capital Markets subindustry, Upbest 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.


Upbest Group's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Upbest Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Upbest Group's Days Inventory falls into.



Upbest Group Days Inventory Calculation

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

Upbest 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
=( (3.011 + 3.011) / 2 ) / 0*365
=3.011 / 0*365
=N/A

Upbest 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
=( (3.011 + 3.011) / 2 ) / 0*365 / 2
=3.011 / 0*365 / 2
=N/A

* 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.


Upbest Group  (HKSE:00335) 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.

Upbest 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.

Upbest 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.


Upbest Group Days Inventory Related Terms

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


Upbest Group Business Description

Traded in Other Exchanges
N/A
Address
300 Des Voeux Road Central, 2nd Floor, Wah Kit Commercial Centre, Hong Kong, HKG
Upbest Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in securities broking, futures broking, securities margin financing, money lending, corporate finance advisory, assets management, precious metal trading, and property investment. The company's operating segment includes Broking, Financing, Corporate Finance, Assets Management, Properties Investment, and Precious Metal Trading. The maximum revenue for the company is generated from its Financing segment which represents its securities margin financing and money lending business. Geographically, the company derives its key revenue from Hong Kong and the rest from Macau and the People's Republic of China.

Upbest Group Headlines

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