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Oriental Watch Holdings (HKSE:00398) Days Inventory : 59.10 (As of Sep. 2023)


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What is Oriental Watch Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oriental Watch Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$413 Mil. Oriental Watch Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,276 Mil. Hence, Oriental Watch Holdings's Days Inventory for the six months ended in Sep. 2023 was 59.10.

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

HKSE:00398' s Days Inventory Range Over the Past 10 Years
Min: 59.3   Med: 181.71   Max: 251.67
Current: 59.3

During the past 13 years, Oriental Watch Holdings's highest Days Inventory was 251.67. The lowest was 59.30. And the median was 181.71.

HKSE:00398's Days Inventory is ranked better than
74.11% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs HKSE:00398: 59.30

Oriental Watch Holdings's Days Inventory declined from Sep. 2022 (76.34) to Sep. 2023 (59.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oriental Watch Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 3.09.

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. Oriental Watch Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.22.


Oriental Watch Holdings Days Inventory Historical Data

The historical data trend for Oriental Watch 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.

* Premium members only.

Oriental Watch Holdings Days Inventory Chart

Oriental Watch Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.55 173.41 102.06 82.10 65.71

Oriental Watch Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 80.76 77.15 76.34 58.89 59.10

Competitive Comparison of Oriental Watch Holdings's Days Inventory

For the Luxury Goods subindustry, Oriental Watch 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.


Oriental Watch Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Oriental Watch Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oriental Watch Holdings's Days Inventory falls into.



Oriental Watch Holdings Days Inventory Calculation

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

Oriental Watch Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (483.625 + 422.202) / 2 ) / 2515.967*365
=452.9135 / 2515.967*365
=65.71

Oriental Watch Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (422.202 + 404.189) / 2 ) / 1275.941*365 / 2
=413.1955 / 1275.941*365 / 2
=59.10

* 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.


Oriental Watch Holdings  (HKSE:00398) 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.

Oriental Watch Holdings's Inventory Turnover for the six months ended in Sep. 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.

Oriental Watch Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Oriental Watch Holdings Days Inventory Related Terms

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


Oriental Watch Holdings (HKSE:00398) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Wing On Centre, 19th Floor, Hong Kong, HKG
Oriental Watch Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the sales of watches. It operates in Hong Kong, the PRC, Macau, and Taiwan, of which a majority of revenue is generated from the PRC. The group sells its products through retail stores under the brand name Rolex, Tudor, Piaget, Vacheron Constantin, Audemars Piguet, IWC, Jaeger-LeCoultre, Girard Perregaux, Longines, and Omega, among others.

Oriental Watch Holdings (HKSE:00398) Headlines

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