Wei Yuan Holdings (HKSE:01343) Days Inventory : 4.51 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Wei Yuan Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wei Yuan Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$7.0 Mil. Wei Yuan Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$282.5 Mil. Hence, Wei Yuan Holdings's Days Inventory for the six months ended in Dec. 2023 was 4.51.

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

HKSE:01343' s Days Inventory Range Over the Past 10 Years
Min: 4.69 Med: 5.71 Max: 8.93
Current: 4.9

During the past 8 years, Wei Yuan Holdings's highest Days Inventory was 8.93. The lowest was 4.69. And the median was 5.71.

HKSE:01343's Days Inventory is ranked better than
85.99% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs HKSE:01343: 4.90

Wei Yuan Holdings's Days Inventory declined from Dec. 2022 (5.11) to Dec. 2023 (4.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wei Yuan Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 40.46.

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. Wei Yuan Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Wei Yuan Holdings Days Inventory Historical Data

The historical data trend for Wei Yuan 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.

Wei Yuan Holdings Days Inventory Chart

Wei Yuan Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

7.35

5.83

5.29

5.08

4.69

Wei Yuan Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial								5.90	5.63	5.11	5.61	4.51

Competitive Comparison of Wei Yuan Holdings's Days Inventory

For the Engineering & Construction subindustry, Wei Yuan 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.

Wei Yuan Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wei Yuan Holdings's Days Inventory distribution charts can be found below:

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

Wei Yuan Holdings Days Inventory Calculation

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

Wei Yuan 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
=	( (6.537	+	6.578)	/	2 )	/	510.63	*	365
=	6.5575					/	510.63	*	365
=	4.69

Wei Yuan 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
=	( (7.384	+	6.578)	/	2 )	/	282.474	*	365 / 2
=	6.981					/	282.474	*	365 / 2
=	4.51

Wei Yuan Holdings (HKSE:01343) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	282.474	/	6.981
	=	40.46

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.981	/	325.231
	=	0.02

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.

Wei Yuan Holdings Days Inventory Related Terms

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

Wei Yuan Holdings (HKSE:01343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wei Yuan Holdings Ltd (HKSE:01343) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Kranji Link, Singapore, SGP, 728643

Website

https://www.weiyuanholdings.com

Wei Yuan Holdings Ltd is a contractor specialized in the provision of civil engineering utilities works. The company is engaged in contract works in relation to the installation of power cables, telecommunication cables (including ISP works and OSP works) and sewerage pipelines by applying methods such as open cut excavation or trenchless methods; road milling and resurfacing services; ancillary and other support services; and sales of goods and milled waste.

Executives

Ng Tian Soo
Huang Lei	2101 Beneficial owner
Chai Kwee Lim	2201 Interest of corporation controlled by you
Chen Teck Men	2202 Interest of your spouse
Ng Mei Lian	2201 Interest of corporation controlled by you
Ng Tian Fah	2201 Interest of corporation controlled by you
Ng Tian Kew	2201 Interest of corporation controlled by you
Pang Kip Moi	2202 Interest of your spouse
Phang May Lan	2202 Interest of your spouse
Tang Siaw Tien	2202 Interest of your spouse
Wg International (bvi) Limited	2101 Beneficial owner

Wei Yuan Holdings (HKSE:01343) Headlines

No Headlines