CTR Holdings (HKSE:01416) Days Inventory : 0.20 (As of Aug. 2023)

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What is CTR Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CTR Holdings's Average Total Inventories for the six months ended in Aug. 2023 was HK$0.3 Mil. CTR Holdings's Cost of Goods Sold for the six months ended in Aug. 2023 was HK$307.6 Mil. Hence, CTR Holdings's Days Inventory for the six months ended in Aug. 2023 was 0.20.

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

HKSE:01416' s Days Inventory Range Over the Past 10 Years
Min: 0.23 Med: 1.02 Max: 9.14
Current: 0.23

During the past 7 years, CTR Holdings's highest Days Inventory was 9.14. The lowest was 0.23. And the median was 1.02.

HKSE:01416's Days Inventory is ranked better than
98.28% of 1393 companies
in the Construction industry
Industry Median: 48.55 vs HKSE:01416: 0.23

CTR Holdings's Days Inventory declined from Aug. 2022 (0.30) to Aug. 2023 (0.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. CTR Holdings's Inventory Turnover for the six months ended in Aug. 2023 was 922.46.

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. CTR Holdings's Inventory-to-Revenue for the six months ended in Aug. 2023 was 0.00.

CTR Holdings Days Inventory Historical Data

The historical data trend for CTR 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.

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CTR Holdings Days Inventory Chart

CTR Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Inventory

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1.02

0.26

0.31

CTR Holdings Semi-Annual Data
	Feb17	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Inventory	Get a 7-Day Free Trial							0.32	0.15	0.30	0.30	0.20

Competitive Comparison of CTR Holdings's Days Inventory

For the Engineering & Construction subindustry, CTR 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.

CTR Holdings's Days Inventory Distribution in the Construction Industry

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

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

CTR Holdings Days Inventory Calculation

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

CTR Holdings's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.301	+	0.406)	/	2 )	/	411.236	*	365
=	0.3535					/	411.236	*	365
=	0.31

CTR Holdings's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

	Days Inventory (Q: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0.406	+	0.261)	/	2 )	/	307.64	*	365 / 2
=	0.3335					/	307.64	*	365 / 2
=	0.20

CTR Holdings (HKSE:01416) 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.

CTR Holdings's Inventory Turnover for the six months ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	307.64	/	0.3335
	=	922.46

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.

CTR Holdings's Inventory to Revenue for the six months ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3335	/	351.459
	=	0.00

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.

CTR Holdings Days Inventory Related Terms

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

CTR Holdings (HKSE:01416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTR Holdings Ltd (HKSE:01416) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854

Website

https://www.ctrholdings.com

CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.

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