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Hong Kong Shanghai Alliance Holdings (HKSE:01001) Days Inventory : 79.47 (As of Sep. 2024)


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What is Hong Kong Shanghai Alliance Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hong Kong Shanghai Alliance Holdings's Average Total Inventories for the six months ended in Sep. 2024 was HK$358 Mil. Hong Kong Shanghai Alliance Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$822 Mil. Hence, Hong Kong Shanghai Alliance Holdings's Days Inventory for the six months ended in Sep. 2024 was 79.47.

The historical rank and industry rank for Hong Kong Shanghai Alliance Holdings's Days Inventory or its related term are showing as below:

HKSE:01001' s Days Inventory Range Over the Past 10 Years
Min: 30.51   Med: 50.32   Max: 85.97
Current: 85.97

During the past 13 years, Hong Kong Shanghai Alliance Holdings's highest Days Inventory was 85.97. The lowest was 30.51. And the median was 50.32.

HKSE:01001's Days Inventory is ranked better than
51.2% of 584 companies
in the Steel industry
Industry Median: 87.37 vs HKSE:01001: 85.97

Hong Kong Shanghai Alliance Holdings's Days Inventory declined from Sep. 2023 (84.48) to Sep. 2024 (79.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Kong Shanghai Alliance Holdings's Inventory Turnover for the six months ended in Sep. 2024 was 2.30.

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. Hong Kong Shanghai Alliance Holdings's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.36.


Hong Kong Shanghai Alliance Holdings Days Inventory Historical Data

The historical data trend for Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings Days Inventory Chart

Hong Kong Shanghai Alliance Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.54 79.99 73.24 80.75 81.18

Hong Kong Shanghai Alliance Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 81.77 79.18 84.48 89.91 79.47

Competitive Comparison of Hong Kong Shanghai Alliance Holdings's Days Inventory

For the Steel subindustry, Hong Kong Shanghai Alliance 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.


Hong Kong Shanghai Alliance Holdings's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hong Kong Shanghai Alliance Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hong Kong Shanghai Alliance Holdings's Days Inventory falls into.


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Hong Kong Shanghai Alliance Holdings Days Inventory Calculation

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

Hong Kong Shanghai Alliance Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (473.057 + 380.586) / 2 ) / 1919.099*365
=426.8215 / 1919.099*365
=81.18

Hong Kong Shanghai Alliance Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (380.586 + 334.921) / 2 ) / 821.579*365 / 2
=357.7535 / 821.579*365 / 2
=79.47

* 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.


Hong Kong Shanghai Alliance Holdings  (HKSE:01001) 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.

Hong Kong Shanghai Alliance Holdings's Inventory Turnover for the six months ended in Sep. 2024 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.

Hong Kong Shanghai Alliance Holdings's Inventory to Revenue for the six months ended in Sep. 2024 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.


Hong Kong Shanghai Alliance Holdings Days Inventory Related Terms

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


Hong Kong Shanghai Alliance Holdings Business Description

Traded in Other Exchanges
N/A
Address
41 Lockhart Road, East Town Building, Rooms 1103-05, 11th Floor, Wanchai, Hong Kong, HKG
Hong Kong Shanghai Alliance Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and processing of construction materials such as steel products; trading of sanitary wares and kitchen cabinets; and property investment and fund management businesses. The company's segment includes steel distribution and Processing Business; Building Products Distribution Business and Property Investment and Fund Management Business. The company generates maximum revenue from the Steels Distribution and Processing Business segment. Geographically the group has a presence in Hong Kong and Mainland China, of which key revenue is generated from Hong Kong.
Executives
Perfect Capital International Corp. 2101 Beneficial owner
Yao Cho Fai Andrew 2101 Beneficial owner
Wong Koon Chi 2101 Beneficial owner
Huge Top Industrial Ltd. 2101 Beneficial owner

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