BoardWare Intelligence Technology (HKSE:01204) Days Inventory : 14.86 (As of Jun. 2024)

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What is BoardWare Intelligence Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BoardWare Intelligence Technology's Average Total Inventories for the six months ended in Jun. 2024 was HK$20.5 Mil. BoardWare Intelligence Technology's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$252.3 Mil. Hence, BoardWare Intelligence Technology's Days Inventory for the six months ended in Jun. 2024 was 14.86.

The historical rank and industry rank for BoardWare Intelligence Technology's Days Inventory or its related term are showing as below:

HKSE:01204' s Days Inventory Range Over the Past 10 Years
Min: 18.98 Med: 32.88 Max: 51.7
Current: 18.98

During the past 5 years, BoardWare Intelligence Technology's highest Days Inventory was 51.70. The lowest was 18.98. And the median was 32.88.

HKSE:01204's Days Inventory is ranked better than
50.54% of 1573 companies
in the Software industry
Industry Median: 19.41 vs HKSE:01204: 18.98

BoardWare Intelligence Technology's Days Inventory declined from Jun. 2023 (25.34) to Jun. 2024 (14.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. BoardWare Intelligence Technology's Inventory Turnover for the six months ended in Jun. 2024 was 12.29.

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. BoardWare Intelligence Technology's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.06.

BoardWare Intelligence Technology Days Inventory Historical Data

The historical data trend for BoardWare Intelligence Technology'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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BoardWare Intelligence Technology Days Inventory Chart

BoardWare Intelligence Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

51.70

46.93

29.87

32.88

23.80

BoardWare Intelligence Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial				29.44	29.20	25.34	21.36	14.86

Competitive Comparison of BoardWare Intelligence Technology's Days Inventory

For the Information Technology Services subindustry, BoardWare Intelligence Technology'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.

BoardWare Intelligence Technology's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where BoardWare Intelligence Technology's Days Inventory falls into.

BoardWare Intelligence Technology Days Inventory Calculation

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

BoardWare Intelligence Technology'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
=	( (56.569	+	21.928)	/	2 )	/	601.948	*	365
=	39.2485					/	601.948	*	365
=	23.80

BoardWare Intelligence Technology'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
=	( (21.928	+	19.153)	/	2 )	/	252.341	*	365 / 2
=	20.5405					/	252.341	*	365 / 2
=	14.86

BoardWare Intelligence Technology (HKSE:01204) 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.

BoardWare Intelligence Technology's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	252.341	/	20.5405
	=	12.29

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.

BoardWare Intelligence Technology's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.5405	/	318.109
	=	0.06

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.

BoardWare Intelligence Technology Days Inventory Related Terms

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

BoardWare Intelligence Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BoardWare Intelligence Technology Ltd (HKSE:01204) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Sheung Yuet Road, Unit 01-02, 12th Floor, Tower I Enterprise Square, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.boardware.com

BoardWare Intelligence Technology Ltd is dedicated to providing reliable, end-to-end, and high-quality enterprise IT solutions to customers. It is engaged in the design, architecture, and building up of total IT solutions for customers in various industry sectors in Macau. In addition, the company is engaged in the distribution and resale of hardware and software.

Executives

Chao Ka Chon	2201 Interest of corporation controlled by you
Tai Wah (bvi) Holdings Limited	2101 Beneficial owner
Wong Pui Fan	2202 Interest of your spouse
Ung Choi Kun	2101 Beneficial owner
Da Heng Qin Ao Men You Xian Gong Si	2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si	2101 Beneficial owner

BoardWare Intelligence Technology Headlines

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