Hua Lien International (Holding) Co (HKSE:00969) Days Inventory : 143.46 (As of Dec. 2023)

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What is Hua Lien International (Holding) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hua Lien International (Holding) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$53.0 Mil. Hua Lien International (Holding) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$67.4 Mil. Hence, Hua Lien International (Holding) Co's Days Inventory for the six months ended in Dec. 2023 was 143.46.

The historical rank and industry rank for Hua Lien International (Holding) Co's Days Inventory or its related term are showing as below:

HKSE:00969' s Days Inventory Range Over the Past 10 Years
Min: 101.94 Med: 164.63 Max: 270.15
Current: 158.55

During the past 13 years, Hua Lien International (Holding) Co's highest Days Inventory was 270.15. The lowest was 101.94. And the median was 164.63.

HKSE:00969's Days Inventory is ranked worse than
78.83% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 83.86 vs HKSE:00969: 158.55

Hua Lien International (Holding) Co's Days Inventory declined from Dec. 2022 (170.79) to Dec. 2023 (143.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hua Lien International (Holding) Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.27.

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. Hua Lien International (Holding) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.88.

Hua Lien International (Holding) Co Days Inventory Historical Data

The historical data trend for Hua Lien International (Holding) Co'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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Hua Lien International (Holding) Co Days Inventory Chart

Hua Lien International (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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270.15

265.51

167.81

161.45

138.00

Hua Lien International (Holding) Co 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															189.44	146.26	170.79	200.93	143.46

Competitive Comparison of Hua Lien International (Holding) Co's Days Inventory

For the Confectioners subindustry, Hua Lien International (Holding) Co'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.

Hua Lien International (Holding) Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hua Lien International (Holding) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hua Lien International (Holding) Co's Days Inventory falls into.

Hua Lien International (Holding) Co Days Inventory Calculation

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

Hua Lien International (Holding) Co'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
=	( (51.274	+	40)	/	2 )	/	120.703	*	365
=	45.637					/	120.703	*	365
=	138.00

Hua Lien International (Holding) Co'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
=	( (66.02	+	40)	/	2 )	/	67.435	*	365 / 2
=	53.01					/	67.435	*	365 / 2
=	143.46

Hua Lien International (Holding) Co (HKSE:00969) 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.

Hua Lien International (Holding) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	67.435	/	53.01
	=	1.27

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.

Hua Lien International (Holding) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.01	/	59.902
	=	0.88

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.

Hua Lien International (Holding) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hua Lien International (Holding) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hua Lien International (Holding) Co (HKSE:00969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hua Lien International (Holding) Co Ltd (HKSE:00969) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, Room 1701, 17th Floor, World-Wide House, Central, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/hualien/index.htm

Hua Lien International (Holding) Co Ltd is an investment holding company. It is principally engaged in the growing of sugar cane and the manufacture of sugar. The company operates through three segments namely Supporting services; the Sugar business; and the Ethanol business. It generates maximum revenue from the Sugar business segment. Geographically, it derives a majority of its revenue from Jamaica.

Executives

State Development & Investment Corp., Ltd. (formerly State Development & Investment Corp.)	2106 Person having a security interest in shares
State-owned Assets Supervision And Administration Commission Of The State Council	2106 Person having a security interest in shares
Complant International Sugar Industry Co., Ltd.	2101 Beneficial owner
Xinjiang Botai Energy Company Limited	2201 Interest of corporation controlled by you
Zeng Wei	2201 Interest of corporation controlled by you
China National Complete Plant Import And Export Group Corporation Limited	2106 Person having a security interest in shares

Hua Lien International (Holding) Co (HKSE:00969) Headlines

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