GURUFOCUS.COM » STOCK LIST » Technology » Software » Kantone Holdings Ltd (HKSE:01059) » Definitions » Days Inventory

Kantone Holdings (HKSE:01059) Days Inventory : 117.39 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Kantone Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kantone Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$21.0 Mil. Kantone Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$32.7 Mil. Hence, Kantone Holdings's Days Inventory for the six months ended in Dec. 2023 was 117.39.

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

HKSE:01059' s Days Inventory Range Over the Past 10 Years
Min: 18.06   Med: 147.37   Max: 13601.22
Current: 118.63

During the past 13 years, Kantone Holdings's highest Days Inventory was 13601.22. The lowest was 18.06. And the median was 147.37.

HKSE:01059's Days Inventory is ranked worse than
82.76% of 1560 companies
in the Software industry
Industry Median: 18.89 vs HKSE:01059: 118.63

Kantone Holdings's Days Inventory declined from Dec. 2022 (165.90) to Dec. 2023 (117.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kantone Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.55.

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. Kantone Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.25.


Kantone Holdings Days Inventory Historical Data

The historical data trend for Kantone 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.

Kantone Holdings Days Inventory Chart

Kantone Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.98 128.55 143.36 146.94 147.79

Kantone Holdings 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 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 156.33 139.25 165.90 126.42 117.39

Competitive Comparison of Kantone Holdings's Days Inventory

For the Information Technology Services subindustry, Kantone 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.


Kantone Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Kantone Holdings's Days Inventory distribution charts can be found below:

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



Kantone Holdings Days Inventory Calculation

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

Kantone Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (20.934 + 23.15) / 2 ) / 54.438*365
=22.042 / 54.438*365
=147.79

Kantone 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
=( (23.15 + 18.923) / 2 ) / 32.703*365 / 2
=21.0365 / 32.703*365 / 2
=117.39

* 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.


Kantone Holdings  (HKSE:01059) 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.

Kantone Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Kantone Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Kantone Holdings Days Inventory Related Terms

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


Kantone Holdings (HKSE:01059) Business Description

Traded in Other Exchanges
Address
188 Connaught Road West, Unit 4213, 42nd Floor, Hong Kong, HKG
Kantone Holdings Ltd is an investment holding company. The company's operating segment includes Sales of cultural products; Technology: System sales including software licensing and services and Technology: Leasing of system products. It generates maximum revenue from the Technology: System sales including software licensing and services segment. Geographically, it derives a majority of its revenue from Europe.
Executives
Innovative City Investments Limited 2101 Beneficial owner
Chan Koon Wa 2201 Interest of corporation controlled by you

Kantone Holdings (HKSE:01059) Headlines

No Headlines