CT Vision SL (International) Holdings (HKSE:00994) Days Inventory : 1.44 (As of Dec. 2023)

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What is CT Vision SL (International) Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CT Vision SL (International) Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.9 Mil. CT Vision SL (International) Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$118.5 Mil. Hence, CT Vision SL (International) Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.44.

The historical rank and industry rank for CT Vision SL (International) Holdings's Days Inventory or its related term are showing as below:

HKSE:00994' s Days Inventory Range Over the Past 10 Years
Min: 1.05 Med: 1.05 Max: 1.05
Current: 1.05

During the past 10 years, CT Vision SL (International) Holdings's highest Days Inventory was 1.05. The lowest was 1.05. And the median was 1.05.

HKSE:00994's Days Inventory is ranked better than
95.46% of 1432 companies
in the Construction industry
Industry Median: 46.52 vs HKSE:00994: 1.05

CT Vision SL (International) Holdings's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (1.44). It might indicate that CT Vision SL (International) Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CT Vision SL (International) Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 126.88.

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. CT Vision SL (International) Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

CT Vision SL (International) Holdings Days Inventory Historical Data

The historical data trend for CT Vision SL (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.

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CT Vision SL (International) Holdings Days Inventory Chart

CT Vision SL (International) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.05

CT Vision SL (International) Holdings Semi-Annual Data
	Dec14	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													2.54	-	-	-	1.44

Competitive Comparison of CT Vision SL (International) Holdings's Days Inventory

For the Engineering & Construction subindustry, CT Vision SL (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.

CT Vision SL (International) Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Days Inventory falls into.

CT Vision SL (International) Holdings Days Inventory Calculation

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

CT Vision SL (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	+	0.934)	/	1 )	/	325.108	*	365
=	0.934					/	325.108	*	365
=	1.05

CT Vision SL (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	+	0.934)	/	1 )	/	118.506	*	365 / 2
=	0.934					/	118.506	*	365 / 2
=	1.44

CT Vision SL (International) Holdings (HKSE:00994) 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.

CT Vision SL (International) Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	118.506	/	0.934
	=	126.88

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.

CT Vision SL (International) Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.934	/	130.194
	=	0.01

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.

CT Vision SL (International) Holdings Days Inventory Related Terms

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

CT Vision SL (International) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CT Vision SL (International) Holdings Ltd (HKSE:00994) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

http://www.ctvision994.com

CT Vision SL (International) Holdings Ltd is an investment holding company. It is principally engaged in foundation works and ancillary services, general building works, and sales of piles. The company has three operating segments including the Building construction business, Renewable energy business, Renewable energy business and others. Geographically, it derives majority revenue from PRC and also has a presence in Saipan and Hong Kong.

Executives

Condover Assets Limited	2101 Beneficial owner
Daswani Sheba Kishinchand	2202 Interest of your spouse
Kan Hou Sek Jim	2201 Interest of corporation controlled by you
Lee Sai Man	2201 Interest of corporation controlled by you
Poon Man Yee	2202 Interest of your spouse
Ho Lai Kuen	2202 Interest of your spouse
Wong Siu Kwai	2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand	2202 Interest of your spouse
Bc Financial Group Limited	2201 Interest of corporation controlled by you
Forwin Credit Limited	2106 Person having a security interest in shares
Forwin Holding Limited	2201 Interest of corporation controlled by you
Bian Ce	2201 Interest of corporation controlled by you
Guo Min	2201 Interest of corporation controlled by you
Ct Vision Investment Limited	2101 Beneficial owner
Lin Zhiling	2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings Headlines

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