Matrix Holdings (HKSE:01005) Days Inventory : 259.80 (As of Jun. 2023)

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What is Matrix Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Matrix Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$254.7 Mil. Matrix Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$178.9 Mil. Hence, Matrix Holdings's Days Inventory for the six months ended in Jun. 2023 was 259.80.

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

HKSE:01005' s Days Inventory Range Over the Past 10 Years
Min: 123.59 Med: 151.11 Max: 235.37
Current: 235.37

During the past 13 years, Matrix Holdings's highest Days Inventory was 235.37. The lowest was 123.59. And the median was 151.11.

HKSE:01005's Days Inventory is not ranked
in the Travel & Leisure industry.
Industry Median: 33.92 vs HKSE:01005: 235.37

Matrix Holdings's Days Inventory increased from Jun. 2022 (171.48) to Jun. 2023 (259.80). It might indicate that Matrix Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Matrix Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 0.70.

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. Matrix Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.77.

Matrix Holdings Days Inventory Historical Data

The historical data trend for Matrix 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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Matrix Holdings Days Inventory Chart

Matrix Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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139.41

140.55

201.38

180.20

183.49

Matrix Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															186.97	168.54	171.48	210.68	259.80

Competitive Comparison of Matrix Holdings's Days Inventory

For the Leisure subindustry, Matrix 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.

Matrix Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Matrix Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Matrix Holdings's Days Inventory falls into.

Matrix Holdings Days Inventory Calculation

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

Matrix Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (328.671	+	253.939)	/	2 )	/	579.459	*	365
=	291.305					/	579.459	*	365
=	183.49

Matrix Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (253.939	+	255.493)	/	2 )	/	178.928	*	365 / 2
=	254.716					/	178.928	*	365 / 2
=	259.80

Matrix Holdings (HKSE:01005) 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.

Matrix Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	178.928	/	254.716
	=	0.70

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.

Matrix Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	254.716	/	332.795
	=	0.77

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.

Matrix Holdings Days Inventory Related Terms

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

Matrix Holdings (HKSE:01005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Matrix Holdings Ltd (HKSE:01005) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Chatham Road South, Unit 01, Suite 1001, 10th Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.matrix.hk.com

Matrix Holdings Ltd, an investment holding company, manufactures and trades in toys and lighting products. It offers plastic, die-cast, and plush toys. The business activity of the group functions through the United States, Europe, Mexico, Canada, South America, Australia, New Zealand, and internationally from which it derives the majority of revenue from the United States. Manufacturing services offered by the group include design, prototyping, molding, product validation, multi-skilled manufacturing, general assembly, and packaging. The activities of the group are reported under single segment being manufacturing and trading of toys and lighting products.

Executives

Smart Forest Limited	2101 Beneficial owner
Cheng Yung Pun	2201 Interest of corporation controlled by you

Matrix Holdings (HKSE:01005) Headlines

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