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Tsui Wah Holdings (HKSE:01314) Days Inventory : 5.84 (As of Sep. 2023)


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What is Tsui Wah Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tsui Wah Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$9.6 Mil. Tsui Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$300.1 Mil. Hence, Tsui Wah Holdings's Days Inventory for the six months ended in Sep. 2023 was 5.84.

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

HKSE:01314' s Days Inventory Range Over the Past 10 Years
Min: 5.95   Med: 7.01   Max: 10.11
Current: 7.18

During the past 12 years, Tsui Wah Holdings's highest Days Inventory was 10.11. The lowest was 5.95. And the median was 7.01.

HKSE:01314's Days Inventory is ranked better than
77.45% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs HKSE:01314: 7.18

Tsui Wah Holdings's Days Inventory declined from Sep. 2022 (9.62) to Sep. 2023 (5.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsui Wah Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 31.24.

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. Tsui Wah Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


Tsui Wah Holdings Days Inventory Historical Data

The historical data trend for Tsui Wah 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.

Tsui Wah Holdings Days Inventory Chart

Tsui Wah Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 6.92 10.11 9.28 7.70

Tsui Wah Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 8.68 9.44 9.62 7.83 5.84

Competitive Comparison of Tsui Wah Holdings's Days Inventory

For the Restaurants subindustry, Tsui Wah 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.


Tsui Wah Holdings's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tsui Wah Holdings's Days Inventory distribution charts can be found below:

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



Tsui Wah Holdings Days Inventory Calculation

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

Tsui Wah Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (14.01 + 8.695) / 2 ) / 538.15*365
=11.3525 / 538.15*365
=7.70

Tsui Wah Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (8.695 + 10.518) / 2 ) / 300.147*365 / 2
=9.6065 / 300.147*365 / 2
=5.84

* 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.


Tsui Wah Holdings  (HKSE:01314) 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.

Tsui Wah Holdings's Inventory Turnover for the six months ended in Sep. 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.

Tsui Wah Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Tsui Wah Holdings Days Inventory Related Terms

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


Tsui Wah Holdings (HKSE:01314) Business Description

Traded in Other Exchanges
N/A
Address
1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG
Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.
Executives
Cheung Yu To 2103 Interests held jointly with another person
Ho Ting Chi 2103 Interests held jointly with another person
Chan Choi Fung 2202 Interest of your spouse
Lee Yuen Hong 2103 Interests held jointly with another person
Cheung Wai Keung 2103 Interests held jointly with another person
Cheung Yue Pui 2103 Interests held jointly with another person
Lam Hiu Man 2202 Interest of your spouse
Lui Ning 2202 Interest of your spouse
Tai Ngan Har Talia 2202 Interest of your spouse
Woo Chun Li 2202 Interest of your spouse

Tsui Wah Holdings (HKSE:01314) Headlines

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