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Cowell e Holdings (HKSE:01415) Days Inventory : 35.51 (As of Dec. 2023)


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What is Cowell e Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cowell e Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$730 Mil. Cowell e Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,750 Mil. Hence, Cowell e Holdings's Days Inventory for the six months ended in Dec. 2023 was 35.51.

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

HKSE:01415' s Days Inventory Range Over the Past 10 Years
Min: 28.52   Med: 49.71   Max: 65.65
Current: 49.58

During the past 11 years, Cowell e Holdings's highest Days Inventory was 65.65. The lowest was 28.52. And the median was 49.71.

HKSE:01415's Days Inventory is ranked better than
81.55% of 2406 companies
in the Hardware industry
Industry Median: 101.81 vs HKSE:01415: 49.58

Cowell e Holdings's Days Inventory increased from Dec. 2022 (33.95) to Dec. 2023 (35.51). It might indicate that Cowell e Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cowell e Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 5.14.

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. Cowell e Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.17.


Cowell e Holdings Days Inventory Historical Data

The historical data trend for Cowell e 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.

Cowell e Holdings Days Inventory Chart

Cowell e Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.70 45.19 60.21 53.73 62.31

Cowell e Holdings 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 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 60.82 58.55 33.95 54.98 35.51

Competitive Comparison of Cowell e Holdings's Days Inventory

For the Electronic Components subindustry, Cowell e 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.


Cowell e Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cowell e Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cowell e Holdings's Days Inventory falls into.



Cowell e Holdings Days Inventory Calculation

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

Cowell e 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
=( (1077.024 + 1045.693) / 2 ) / 6217.225*365
=1061.3585 / 6217.225*365
=62.31

Cowell e 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
=( (413.739 + 1045.693) / 2 ) / 3750.329*365 / 2
=729.716 / 3750.329*365 / 2
=35.51

* 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.


Cowell e Holdings  (HKSE:01415) 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.

Cowell e Holdings's Inventory Turnover for the six months ended in Dec. 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.

Cowell e Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Cowell e Holdings Days Inventory Related Terms

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


Cowell e Holdings (HKSE:01415) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Songbai Road, Huanan Industrial Zone, Liaobu Town, Guangdong Province, Dongguan City, CHN
Cowell e Holdings Inc supplies camera modules for mobile devices. The company designs develop, manufactures, and sells camera modules for smartphones, multimedia tablets and other mobile devices with camera functions. In addition, it also develops and manufactures optical components used in consumer electronics products. It operates in a single segment namely consisting of a Camera module and Optical components. It derives revenue from the manufacturing and sale of camera modules and optical components.
Executives
Guangzhou Luxvisions Innovation Technology Limited 2201 Interest of corporation controlled by you
Luxsan Limited 2201 Interest of corporation controlled by you
Luxvisions Innovation Limited 2201 Interest of corporation controlled by you
Wang Laijiao 2201 Interest of corporation controlled by you
Wang Laixi 2201 Interest of corporation controlled by you
Wang Laichun 2201 Interest of corporation controlled by you
Wang Laisheng 2201 Interest of corporation controlled by you

Cowell e Holdings (HKSE:01415) Headlines

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