Teamway International Group Holdings (HKSE:01239) Days Inventory : 37.43 (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Teamway International Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Teamway International Group Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$32.3 Mil. Teamway International Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$157.6 Mil. Hence, Teamway International Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 37.43.

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

HKSE:01239' s Days Inventory Range Over the Past 10 Years
Min: 15.72 Med: 20.72 Max: 36.74
Current: 36.74

During the past 13 years, Teamway International Group Holdings's highest Days Inventory was 36.74. The lowest was 15.72. And the median was 20.72.

HKSE:01239's Days Inventory is ranked better than
90.24% of 379 companies
in the Packaging & Containers industry
Industry Median: 76.71 vs HKSE:01239: 36.74

Teamway International Group Holdings's Days Inventory increased from Jun. 2023 (23.99) to Jun. 2024 (37.43). It might indicate that Teamway International Group Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Teamway International Group Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 4.88.

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. Teamway International Group Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.21.

Teamway International Group Holdings Days Inventory Historical Data

The historical data trend for Teamway International Group 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.

Teamway International Group Holdings Days Inventory Chart

Teamway International Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

22.32

22.77

18.66

18.31

23.66

Teamway International Group 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															17.68	15.70	23.99	35.14	37.43

Competitive Comparison of Teamway International Group Holdings's Days Inventory

For the Packaging & Containers subindustry, Teamway International Group 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.

Teamway International Group Holdings's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Teamway International Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Teamway International Group Holdings's Days Inventory falls into.

Teamway International Group Holdings Days Inventory Calculation

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

Teamway International Group 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
=	( (15.78	+	31.255)	/	2 )	/	362.87	*	365
=	23.5175					/	362.87	*	365
=	23.66

Teamway International Group 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
=	( (31.255	+	33.379)	/	2 )	/	157.584	*	365 / 2
=	32.317					/	157.584	*	365 / 2
=	37.43

Teamway International Group Holdings (HKSE:01239) 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.

Teamway International Group Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	157.584	/	32.317
	=	4.88

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.

Teamway International Group Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.317	/	153.389
	=	0.21

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.

Teamway International Group Holdings Days Inventory Related Terms

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

Teamway International Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Teamway International Group Holdings Ltd (HKSE:01239) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Canton Road, Harbour City, Suite 1604, 16th Floor, Tower 6, The Gateway, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.teamwaygroup.com

Teamway International Group Holdings Ltd is an investment holding company. Its segments include the Design, manufacture, and sale of packaging products and structural components, Trading of filtration media, equipment and related accessories for air purification, Design, manufacturing, sale and marketing of rosewood home furniture, and Property investment. It generates maximum revenue from sales of the packaging products and structural components segment. The company's packaging products are used for the products like Televisions, Refrigerators, Air conditioners, Washing machines, Water heaters, and others. Geographically, it derives a majority of its revenue from Mainland China.

Executives

Cao Junying	2101 Beneficial owner
Lee Hung Yuen	2101 Beneficial owner
Xu Gefei	2201 Interest of corporation controlled by you
Grand Luxe Limited	2101 Beneficial owner
Zeng Wenyou	2101 Beneficial owner
Chen Tianhao	2101 Beneficial owner
Wang Yang	2101 Beneficial owner
Chen Xiongwei	2101 Beneficial owner
Wu Jianxin	2101 Beneficial owner
Chen Hui	2101 Beneficial owner
Xie Yuqiang	2101 Beneficial owner
Xu Gefei	2201 Interest of corporation controlled by you
Kent Field Limited	2101 Beneficial owner
Jiang Zhong	2101 Beneficial owner

Teamway International Group Holdings Headlines

No Headlines