GURUFOCUS.COM » STOCK LIST » Technology » Hardware » InvesTech Holdings Ltd (HKSE:01087) » Definitions » Days Inventory

InvesTech Holdings (HKSE:01087) Days Inventory : 13.00 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is InvesTech Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). InvesTech Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$15.6 Mil. InvesTech Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$219.6 Mil. Hence, InvesTech Holdings's Days Inventory for the six months ended in Jun. 2024 was 13.00.

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

HKSE:01087' s Days Inventory Range Over the Past 10 Years
Min: 6.71   Med: 12.86   Max: 42.08
Current: 11.93

During the past 13 years, InvesTech Holdings's highest Days Inventory was 42.08. The lowest was 6.71. And the median was 12.86.

HKSE:01087's Days Inventory is ranked better than
97.49% of 2388 companies
in the Hardware industry
Industry Median: 97.205 vs HKSE:01087: 11.93

InvesTech Holdings's Days Inventory declined from Jun. 2023 (15.05) to Jun. 2024 (13.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. InvesTech Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 14.04.

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. InvesTech Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.06.


InvesTech Holdings Days Inventory Historical Data

The historical data trend for InvesTech 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.

InvesTech Holdings Days Inventory Chart

InvesTech Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 10.80 12.62 15.23 13.68

InvesTech Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 25.65 15.61 15.05 11.43 13.00

Competitive Comparison of InvesTech Holdings's Days Inventory

For the Communication Equipment subindustry, InvesTech 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.


InvesTech Holdings's Days Inventory Distribution in the Hardware Industry

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

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



InvesTech Holdings Days Inventory Calculation

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

InvesTech 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
=( (22.71 + 17.558) / 2 ) / 537.388*365
=20.134 / 537.388*365
=13.68

InvesTech Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (17.558 + 13.716) / 2 ) / 219.571*365 / 2
=15.637 / 219.571*365 / 2
=13.00

* 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.


InvesTech Holdings  (HKSE:01087) 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.

InvesTech Holdings's Inventory Turnover for the six months ended in Jun. 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.

InvesTech Holdings's Inventory to Revenue for the six months ended in Jun. 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.


InvesTech Holdings Days Inventory Related Terms

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


InvesTech Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 East Chang An Avenue, Room 1907-1909, 19th Floor, Tower E2, Oriental Plaza, Dong Cheng District, Beijing, CHN
InvesTech Holdings Ltd is mainly engaged in the provision of network system integration including the provision of network infrastructure solutions, network professional services and smart office software solutions, and network equipment rental business. The company generates maximum revenue from the PRC.
Executives
Wang Fang 2201 Interest of corporation controlled by you
Smoothly Global Holdings Limited 2101 Beneficial owner
Chan Sek Keung Ringo 2101 Beneficial owner
Tin Yat Yu Carol (formerly Known As Yuen Sin Carol) 2101 Beneficial owner
Wong Tai Kuen 2101 Beneficial owner

InvesTech Holdings Headlines

No Headlines