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Ka Shui International Holdings (HKSE:00822) Days Inventory : 48.30 (As of Dec. 2023)


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What is Ka Shui International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ka Shui International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$163 Mil. Ka Shui International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$616 Mil. Hence, Ka Shui International Holdings's Days Inventory for the six months ended in Dec. 2023 was 48.30.

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

HKSE:00822' s Days Inventory Range Over the Past 10 Years
Min: 49.22   Med: 59.44   Max: 74.56
Current: 60.41

During the past 13 years, Ka Shui International Holdings's highest Days Inventory was 74.56. The lowest was 49.22. And the median was 59.44.

HKSE:00822's Days Inventory is ranked better than
84.27% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs HKSE:00822: 60.41

Ka Shui International Holdings's Days Inventory declined from Dec. 2022 (61.38) to Dec. 2023 (48.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ka Shui International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 3.78.

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. Ka Shui International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.


Ka Shui International Holdings Days Inventory Historical Data

The historical data trend for Ka Shui 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.

Ka Shui International Holdings Days Inventory Chart

Ka Shui 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 74.56 70.83 57.07 62.74 61.59

Ka Shui 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 54.49 74.78 61.38 76.37 48.30

Competitive Comparison of Ka Shui International Holdings's Days Inventory

For the Metal Fabrication subindustry, Ka Shui 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.


Ka Shui International Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ka Shui International Holdings's Days Inventory distribution charts can be found below:

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



Ka Shui International Holdings Days Inventory Calculation

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

Ka Shui 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
=( (192.525 + 159.822) / 2 ) / 1044.1*365
=176.1735 / 1044.1*365
=61.59

Ka Shui 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
=( (166.059 + 159.822) / 2 ) / 615.625*365 / 2
=162.9405 / 615.625*365 / 2
=48.30

* 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.


Ka Shui International Holdings  (HKSE:00822) 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.

Ka Shui 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.

Ka Shui 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.


Ka Shui International Holdings Days Inventory Related Terms

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


Ka Shui International Holdings (HKSE:00822) Business Description

Traded in Other Exchanges
N/A
Address
1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through five segments: Magnesium alloy die casting, Zinc alloy die casting, Aluminum alloy die casting, Plastic injection, trading of lighting products and home appliances as well as provision of motor vehicle repair services. It generates maximum revenue from the Plastic injection segment. Geographically, it derives a majority of its revenue from China and also has a presence in Hong Kong; Japan; the USA, and other countries.
Executives
Lee Yuen Fat 2101 Beneficial owner
Precisefull Limited 2101 Beneficial owner

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