PC Partner Group (HKSE:01263) Days Inventory : 45.23 (As of Dec. 2023)

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What is PC Partner Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PC Partner Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,144 Mil. PC Partner Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,615 Mil. Hence, PC Partner Group's Days Inventory for the six months ended in Dec. 2023 was 45.23.

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

HKSE:01263' s Days Inventory Range Over the Past 10 Years
Min: 39.53 Med: 68.71 Max: 93.93
Current: 59.2

During the past 13 years, PC Partner Group's highest Days Inventory was 93.93. The lowest was 39.53. And the median was 68.71.

HKSE:01263's Days Inventory is ranked better than
76.38% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs HKSE:01263: 59.20

PC Partner Group's Days Inventory declined from Dec. 2022 (92.13) to Dec. 2023 (45.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. PC Partner Group's Inventory Turnover for the six months ended in Dec. 2023 was 4.03.

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. PC Partner Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

PC Partner Group Days Inventory Historical Data

The historical data trend for PC Partner Group'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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PC Partner Group Days Inventory Chart

PC Partner Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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93.93

53.29

39.53

66.24

63.97

PC Partner Group 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															45.88	64.20	92.13	70.70	45.23

Competitive Comparison of PC Partner Group's Days Inventory

For the Computer Hardware subindustry, PC Partner Group'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.

PC Partner Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PC Partner Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where PC Partner Group's Days Inventory falls into.

PC Partner Group Days Inventory Calculation

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

PC Partner Group'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
=	( (1831.959	+	1135.492)	/	2 )	/	8466.469	*	365
=	1483.7255					/	8466.469	*	365
=	63.97

PC Partner Group'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
=	( (1152.108	+	1135.492)	/	2 )	/	4614.78	*	365 / 2
=	1143.8					/	4614.78	*	365 / 2
=	45.23

PC Partner Group (HKSE:01263) 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.

PC Partner Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4614.78	/	1143.8
	=	4.03

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.

PC Partner Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1143.8	/	4991.774
	=	0.23

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.

PC Partner Group Days Inventory Related Terms

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

PC Partner Group (HKSE:01263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PC Partner Group Ltd (HKSE:01263) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

28th floor NCB Innovation Centre, 888 Lai Chi Kok Road, Kowloon, Hong Kong, HKG

Website

https://www.pcpartner.com

PC Partner Group Ltd is a manufacturer of computer electronics. Principally, it is engaged in the designing and manufacturing of electronics and personal computer parts and accessories. The company's product consists of video graphics card, mini-PCs, and motherboards. In addition, it is involved in the development and production of video graphics cards for desktop personal computers (PC's), electronics manufacturing services, and trading of other PC related products and components. The company's brand includes ZOTAC, Manli, and Inno3D. Majority of company's revenue is derived from the Asia Pacific region.

Executives

Ho Nai Nap	2101 Beneficial owner
Ho Wong Mary Mee-tak	2101 Beneficial owner
Wong Fong Pak	2101 Beneficial owner
Wong Shik Ho Tony	2101 Beneficial owner
Leung Wah Kan	2101 Beneficial owner
Perfect Choice Limited	2101 Beneficial owner

PC Partner Group (HKSE:01263) Headlines

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