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Yue Da International Holdings (HKSE:00629) Days Inventory : 0.00 (As of Dec. 2023)


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What is Yue Da International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yue Da International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.00 Mil. Yue Da International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$23.06 Mil. Hence, Yue Da International Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Yue Da International Holdings's highest Days Inventory was 646.67. The lowest was 123.01. And the median was 161.94.

HKSE:00629's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.22
* Ranked among companies with meaningful Days Inventory only.

Yue Da International Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Yue Da International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Yue Da International Holdings Days Inventory Historical Data

The historical data trend for Yue Da International 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.

Yue Da International Holdings Days Inventory Chart

Yue Da International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 611.74 - - - -

Yue Da International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Yue Da International Holdings's Days Inventory

For the Specialty Business Services subindustry, Yue Da International 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.


Yue Da International Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Yue Da International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yue Da International Holdings's Days Inventory falls into.



Yue Da International Holdings Days Inventory Calculation

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

Yue Da International Holdings'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 ) / 33.703*365
=0 / 33.703*365
=0.00

Yue Da International Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 23.061*365 / 2
=0 / 23.061*365 / 2
=0.00

* 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.


Yue Da International Holdings  (HKSE:00629) 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.

Yue Da International Holdings's Inventory Turnover for the six months ended in Dec. 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.

Yue Da International Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Yue Da International Holdings Days Inventory Related Terms

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


Yue Da International Holdings (HKSE:00629) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 - 200 Connaught Road Central, 33rd Floor, China Merchants Tower, Office No. 3321-3323 and 3325, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Yue Da International Holdings Ltd is an investment holding company. The company operates through one segment namely, the Factoring business. Factoring business offers trade finance, sales ledger management, customer credit rating, accounts receivable management and collection, credit risk guarantee, supply chain management, and other related solutions in China.
Executives
Jiangsu Yue Da Group Company Limited 2201 Interest of corporation controlled by you
Yueda Capital (hk) Limited 2101 Beneficial owner
Yueda Capital Company Limited 2201 Interest of corporation controlled by you
Yue Da Group (h.k.) Co., Limited 2101 Beneficial owner

Yue Da International Holdings (HKSE:00629) Headlines

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