Tesson Holdings (HKSE:01201) Days Inventory : 102.07 (As of Dec. 2023)

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What is Tesson Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tesson Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$33.9 Mil. Tesson Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$60.6 Mil. Hence, Tesson Holdings's Days Inventory for the six months ended in Dec. 2023 was 102.07.

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

HKSE:01201' s Days Inventory Range Over the Past 10 Years
Min: 99.77 Med: 1055.26 Max: 3237.53
Current: 100

During the past 13 years, Tesson Holdings's highest Days Inventory was 3237.53. The lowest was 99.77. And the median was 1055.26.

HKSE:01201's Days Inventory is ranked better than
61.5% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs HKSE:01201: 100.00

Tesson Holdings's Days Inventory declined from Dec. 2022 (2,733.92) to Dec. 2023 (102.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tesson Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.79.

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. Tesson Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.58.

Tesson Holdings Days Inventory Historical Data

The historical data trend for Tesson 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.

Tesson Holdings Days Inventory Chart

Tesson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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867.35

1,269.87

3,237.53

2,265.71

110.83

Tesson 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															3,095.55	3,727.67	2,733.92	87.75	102.07

Competitive Comparison of Tesson Holdings's Days Inventory

For the Electrical Equipment & Parts subindustry, Tesson 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.

Tesson Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tesson Holdings's Days Inventory distribution charts can be found below:

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

Tesson Holdings Days Inventory Calculation

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

Tesson 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
=	( (36.599	+	40.504)	/	2 )	/	126.967	*	365
=	38.5515					/	126.967	*	365
=	110.83

Tesson 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
=	( (27.251	+	40.504)	/	2 )	/	60.571	*	365 / 2
=	33.8775					/	60.571	*	365 / 2
=	102.07

Tesson Holdings (HKSE:01201) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60.571	/	33.8775
	=	1.79

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33.8775	/	58.833
	=	0.58

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.

Tesson Holdings Days Inventory Related Terms

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

Tesson Holdings (HKSE:01201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesson Holdings Ltd (HKSE:01201) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 401A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.tessonholdings.com

Tesson Holdings Ltd is engaged in the Lithium-Ion Motive Battery Business and Property and Cultural business. The Group's revenue is derived from the Lithium Ion Motive Battery Business and internet sales business. All revenue generated by the group was derived from the PRC.

Executives

Cui Qiang	2101 Beneficial owner
Double Key International Limited	2101 Beneficial owner
Cheng Hung Mui	2201 Interest of corporation controlled by you
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Finance Limited	2101 Beneficial owner
Cui Qiang	2101 Beneficial owner
Leung Ka Chun	2101 Beneficial owner
Fu Tat Credit Limited	2106 Person having a security interest in shares
Hui Mei Ching	2201 Interest of corporation controlled by you
Lo Shi Ki	2201 Interest of corporation controlled by you

Tesson Holdings (HKSE:01201) Headlines

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