Minerva Group Holding (HKSE:00397) Days Inventory : 0.00 (As of Jun. 2024)

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What is Minerva Group Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minerva Group Holding's Average Total Inventories for the six months ended in Jun. 2024 was HK$0.00 Mil. Minerva Group Holding's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2.53 Mil. Hence, Minerva Group Holding's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

During the past 13 years, Minerva Group Holding's highest Days Inventory was 17.03. The lowest was 8.63. And the median was 12.83.

HKSE:00397's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 83.765
* Ranked among companies with meaningful Days Inventory only.

Minerva Group Holding's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Minerva Group Holding's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Minerva Group Holding Days Inventory Historical Data

The historical data trend for Minerva Group 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.

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Minerva Group Holding Days Inventory Chart

Minerva Group Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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8.63

17.03

Minerva Group Holding 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															-	-	-	-	-

Competitive Comparison of Minerva Group Holding's Days Inventory

For the Financial Conglomerates subindustry, Minerva Group 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.

Minerva Group Holding's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Days Inventory distribution charts can be found below:

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

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Minerva Group Holding Days Inventory Calculation

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

Minerva Group 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
=	( (0	+	0)	/	1 )	/	4.406	*	365
=	0					/	4.406	*	365
=	0.00

Minerva Group Holding'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
=	( (0	+	0)	/	1 )	/	2.528	*	365 / 2
=	0					/	2.528	*	365 / 2
=	0.00

Minerva Group Holding (HKSE:00397) 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.

Minerva Group Holding's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.528	/	0
	=

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.

Minerva Group Holding's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	36.451
	=	0.00

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.

Minerva Group Holding Days Inventory Related Terms

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

Minerva Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Minerva Group Holding Ltd (HKSE:00397) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.minervagroup.hk

Minerva Group Holding Ltd is principally engaged in the financial services business. The company operates through four segments; Financial services, Money lending, Trading, and the Assets investment segment. The company generates a majority of its revenue from the Money lending segment which provides loan financing. The Financial services segment provides securities brokerage, placing, and corporate finance advisory services, the Trading segment is involved in the trading of healthcare-related products, and the Assets investment segment comprises its investments in debt securities earning fixed interest income, investments in properties earning rental income and capital gains, and other investments. The firm's revenue is derived from its operations in Hong Kong.

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