Tibet Water Resources (HKSE:01115) Days Inventory : 181.76 (As of Jun. 2023)

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What is Tibet Water Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tibet Water Resources's Average Total Inventories for the six months ended in Jun. 2023 was HK$133.8 Mil. Tibet Water Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$134.3 Mil. Hence, Tibet Water Resources's Days Inventory for the six months ended in Jun. 2023 was 181.76.

The historical rank and industry rank for Tibet Water Resources's Days Inventory or its related term are showing as below:

HKSE:01115' s Days Inventory Range Over the Past 10 Years
Min: 59.07 Med: 76.96 Max: 186.67
Current: 186.67

During the past 14 years, Tibet Water Resources's highest Days Inventory was 186.67. The lowest was 59.07. And the median was 76.96.

HKSE:01115's Days Inventory is ranked worse than
92.59% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.17 vs HKSE:01115: 186.67

Tibet Water Resources's Days Inventory increased from Jun. 2022 (138.96) to Jun. 2023 (181.76). It might indicate that Tibet Water Resources's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tibet Water Resources's Inventory Turnover for the six months ended in Jun. 2023 was 1.00.

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. Tibet Water Resources's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.71.

Tibet Water Resources Days Inventory Historical Data

The historical data trend for Tibet Water Resources'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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Tibet Water Resources Days Inventory Chart

Tibet Water Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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88.59

72.11

102.50

169.96

175.32

Tibet Water Resources 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															102.94	138.96	184.07	181.76	203.74

Competitive Comparison of Tibet Water Resources's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Tibet Water Resources'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.

Tibet Water Resources's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tibet Water Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tibet Water Resources's Days Inventory falls into.

Tibet Water Resources Days Inventory Calculation

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

Tibet Water Resources'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
=	( (110.926	+	118.973)	/	2 )	/	246.864	*	365
=	114.9495					/	246.864	*	365
=	169.96

Tibet Water Resources'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
=	( (118.973	+	148.576)	/	2 )	/	134.316	*	365 / 2
=	133.7745					/	134.316	*	365 / 2
=	181.76

Tibet Water Resources (HKSE:01115) 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.

Tibet Water Resources's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	134.316	/	133.7745
	=	1.00

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.

Tibet Water Resources's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	133.7745	/	189.192
	=	0.71

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.

Tibet Water Resources Days Inventory Related Terms

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

Tibet Water Resources (HKSE:01115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Tibet Water Resources Ltd (HKSE:01115) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Centre 95 Queensway, Unit D, 23rd Floor, Admiralty, Hong Kong, HKG

Website

https://www.twr1115.net

Tibet Water Resources Ltd is a beverage company that produces and sells bottled water and highland barley beer. Tibet Water's flagship brand is 5100 Glacial Spring Water. Other water brands include Diamond Series, Gesang Spring, and Zhuoma Spring. The company's primary beer brand is Tibet Green Barley. Tibet Water's business is reported in two segments, with both mineral water products and beer products accounting for similar proportions of total revenue. Tibet Water's sales are in mainland China. It has also recently expanded to Hong Kong.

Tibet Water Resources (HKSE:01115) Headlines

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