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Infinity Logistics And Transport Ventures (HKSE:01442) Days Inventory : 25.19 (As of Dec. 2023)


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What is Infinity Logistics And Transport Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infinity Logistics And Transport Ventures's Average Total Inventories for the six months ended in Dec. 2023 was HK$36.5 Mil. Infinity Logistics And Transport Ventures's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$264.1 Mil. Hence, Infinity Logistics And Transport Ventures's Days Inventory for the six months ended in Dec. 2023 was 25.19.

The historical rank and industry rank for Infinity Logistics And Transport Ventures's Days Inventory or its related term are showing as below:

HKSE:01442' s Days Inventory Range Over the Past 10 Years
Min: 14.77   Med: 20.84   Max: 28.83
Current: 26.38

During the past 8 years, Infinity Logistics And Transport Ventures's highest Days Inventory was 28.83. The lowest was 14.77. And the median was 20.84.

HKSE:01442's Days Inventory is ranked worse than
74.06% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs HKSE:01442: 26.38

Infinity Logistics And Transport Ventures's Days Inventory increased from Dec. 2022 (24.28) to Dec. 2023 (25.19). It might indicate that Infinity Logistics And Transport Ventures's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Infinity Logistics And Transport Ventures's Inventory Turnover for the six months ended in Dec. 2023 was 7.24.

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. Infinity Logistics And Transport Ventures's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.


Infinity Logistics And Transport Ventures Days Inventory Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Days Inventory Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 18.90 22.77 25.94 24.55 28.83

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 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 26.41 22.90 24.28 25.25 25.19

Competitive Comparison of Infinity Logistics And Transport Ventures's Days Inventory

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Days Inventory falls into.



Infinity Logistics And Transport Ventures Days Inventory Calculation

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

Infinity Logistics And Transport Ventures'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
=( (37.418 + 42.605) / 2 ) / 506.621*365
=40.0115 / 506.621*365
=28.83

Infinity Logistics And Transport Ventures'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
=( (30.311 + 42.605) / 2 ) / 264.085*365 / 2
=36.458 / 264.085*365 / 2
=25.19

* 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) 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.

Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures Days Inventory Related Terms

Thank you for viewing the detailed overview of Infinity Logistics And Transport Ventures's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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