State Energy Group International Assets Holdings (HKSE:00918) Days Inventory : 303.93 (As of Sep. 2023)

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What is State Energy Group International Assets Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). State Energy Group International Assets Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$119.9 Mil. State Energy Group International Assets Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$72.0 Mil. Hence, State Energy Group International Assets Holdings's Days Inventory for the six months ended in Sep. 2023 was 303.93.

The historical rank and industry rank for State Energy Group International Assets Holdings's Days Inventory or its related term are showing as below:

HKSE:00918' s Days Inventory Range Over the Past 10 Years
Min: 2.81 Med: 39.05 Max: 255.24
Current: 255.24

During the past 13 years, State Energy Group International Assets Holdings's highest Days Inventory was 255.24. The lowest was 2.81. And the median was 39.05.

HKSE:00918's Days Inventory is ranked worse than
83.25% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs HKSE:00918: 255.24

State Energy Group International Assets Holdings's Days Inventory increased from Sep. 2022 (107.70) to Sep. 2023 (303.93). It might indicate that State Energy Group International Assets Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. State Energy Group International Assets Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.60.

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. State Energy Group International Assets Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.30.

State Energy Group International Assets Holdings Days Inventory Historical Data

The historical data trend for State Energy Group International Assets 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.

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State Energy Group International Assets Holdings Days Inventory Chart

State Energy Group International Assets Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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51.41

39.38

38.71

70.39

144.58

State Energy Group International Assets 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															56.74	85.27	107.70	213.47	303.93

Competitive Comparison of State Energy Group International Assets Holdings's Days Inventory

For the Apparel Manufacturing subindustry, State Energy Group International Assets 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.

State Energy Group International Assets Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, State Energy Group International Assets Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where State Energy Group International Assets Holdings's Days Inventory falls into.

State Energy Group International Assets Holdings Days Inventory Calculation

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

State Energy Group International Assets 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
=	( (39.045	+	108.641)	/	2 )	/	186.421	*	365
=	73.843					/	186.421	*	365
=	144.58

State Energy Group International Assets 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
=	( (108.641	+	131.183)	/	2 )	/	72.004	*	365 / 2
=	119.912					/	72.004	*	365 / 2
=	303.93

State Energy Group International Assets Holdings (HKSE:00918) 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.

State Energy Group International Assets Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	72.004	/	119.912
	=	0.60

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.

State Energy Group International Assets Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	119.912	/	92.024
	=	1.30

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.

State Energy Group International Assets Holdings Days Inventory Related Terms

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

State Energy Group International Assets Holdings (HKSE:00918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » State Energy Group International Assets Holdings Ltd (HKSE:00918) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.seiah.com/en/companyInfo

State Energy Group International Assets Holdings Ltd is an investment holding company. It is principally engaged in the sourcing, subcontracting, marketing, and selling of outerwear garments and sportswear products, property investment, and provision of marketing services. The company's operating segment includes Garment business; Property investment and Marketing services. Revenue mainly represents the consideration of goods sold, rental income received and receivable and marketing services provided. It generates maximum revenue from the Garment business segment.

Executives

Zhang Jinbing	2101 Beneficial owner
Always Profit Development Limited	2101 Beneficial owner
Golden Bold Holdings Limited	2101 Beneficial owner
Wang Yuelai	2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd.	2106 Person having a security interest in shares
State Energy Hk Limited	2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Quan Hui	2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Niu Fang	2201 Interest of corporation controlled by you
Hu Zhang Cui	2202 Interest of your spouse

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