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Hong Kong Technology Venture Co (HKSE:01137) Days Inventory : 26.01 (As of Dec. 2023)


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What is Hong Kong Technology Venture Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hong Kong Technology Venture Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$137 Mil. Hong Kong Technology Venture Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$960 Mil. Hence, Hong Kong Technology Venture Co's Days Inventory for the six months ended in Dec. 2023 was 26.01.

The historical rank and industry rank for Hong Kong Technology Venture Co's Days Inventory or its related term are showing as below:

HKSE:01137' s Days Inventory Range Over the Past 10 Years
Min: 8.34   Med: 27.95   Max: 232.69
Current: 27.3

During the past 13 years, Hong Kong Technology Venture Co's highest Days Inventory was 232.69. The lowest was 8.34. And the median was 27.95.

HKSE:01137's Days Inventory is ranked better than
88.42% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.96 vs HKSE:01137: 27.30

Hong Kong Technology Venture Co's Days Inventory declined from Dec. 2022 (28.08) to Dec. 2023 (26.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Kong Technology Venture Co's Inventory Turnover for the six months ended in Dec. 2023 was 7.02.

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 Technology Venture Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.


Hong Kong Technology Venture Co Days Inventory Historical Data

The historical data trend for Hong Kong Technology Venture Co'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 Technology Venture Co Days Inventory Chart

Hong Kong Technology Venture Co Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.10 27.73 30.21 27.98 27.91

Hong Kong Technology Venture Co Semi-Annual Data
Feb14 Aug14 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 29.13 27.48 28.08 28.04 26.01

Competitive Comparison of Hong Kong Technology Venture Co's Days Inventory

For the Internet Retail subindustry, Hong Kong Technology Venture Co'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 Technology Venture Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's Days Inventory falls into.



Hong Kong Technology Venture Co Days Inventory Calculation

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

Hong Kong Technology Venture Co'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
=( (144.791 + 140.418) / 2 ) / 1865.094*365
=142.6045 / 1865.094*365
=27.91

Hong Kong Technology Venture Co'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
=( (133.278 + 140.418) / 2 ) / 960.118*365 / 2
=136.848 / 960.118*365 / 2
=26.01

* 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 Technology Venture Co  (HKSE:01137) 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 Technology Venture Co'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.

Hong Kong Technology Venture Co'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.


Hong Kong Technology Venture Co Days Inventory Related Terms

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


Hong Kong Technology Venture Co (HKSE:01137) Business Description

Traded in Other Exchanges
Address
No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.
Executives
Wong Wai Kay 2201 Interest of corporation controlled by you
Top Group International Ltd. 2101 Beneficial owner
Schroders Plc 2102 Investment manager
Top Group International Ltd. 2101 Beneficial owner
Cheung Chi Kin, Paul 2101 Beneficial owner

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