South Shore Holdings (HKSE:00577) Days Inventory : 0.79 (As of Sep. 2020)

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What is South Shore Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). South Shore Holdings's Average Total Inventories for the six months ended in Sep. 2020 was HK$22 Mil. South Shore Holdings's Cost of Goods Sold for the six months ended in Sep. 2020 was HK$5,034 Mil. Hence, South Shore Holdings's Days Inventory for the six months ended in Sep. 2020 was 0.79.

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

HKSE:00577's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.8
* Ranked among companies with meaningful Days Inventory only.

South Shore Holdings's Days Inventory declined from Sep. 2019 (0.99) to Sep. 2020 (0.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. South Shore Holdings's Inventory Turnover for the six months ended in Sep. 2020 was 230.88.

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. South Shore Holdings's Inventory-to-Revenue for the six months ended in Sep. 2020 was 0.00.

South Shore Holdings Days Inventory Historical Data

The historical data trend for South Shore 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.

South Shore Holdings Days Inventory Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Days Inventory

Get a 7-Day Free Trial

2.42

2.41

1.68

1.04

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Days Inventory	Get a 7-Day Free Trial															2.20	1.68	0.99	0.61	0.79

Competitive Comparison of South Shore Holdings's Days Inventory

For the Engineering & Construction subindustry, South Shore 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.

South Shore Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where South Shore Holdings's Days Inventory falls into.

South Shore Holdings Days Inventory Calculation

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

South Shore Holdings's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

	Days Inventory (A: Mar. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (40.629	+	22.012)	/	2 )	/	10982.91	*	365
=	31.3205					/	10982.91	*	365
=	1.04

South Shore Holdings's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

	Days Inventory (Q: Sep. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (22.012	+	21.593)	/	2 )	/	5033.697	*	365 / 2
=	21.8025					/	5033.697	*	365 / 2
=	0.79

South Shore Holdings (HKSE:00577) 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.

South Shore Holdings's Inventory Turnover for the six months ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5033.697	/	21.8025
	=	230.88

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.

South Shore Holdings's Inventory to Revenue for the six months ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.8025	/	5083.529
	=	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.

South Shore Holdings Days Inventory Related Terms

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

South Shore Holdings (HKSE:00577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (HKSE:00577) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

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South Shore Holdings (HKSE:00577) Headlines

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