Fu Shou Yuan International Group (HKSE:01448) Days Inventory : 290.18 (As of Dec. 2023)

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What is Fu Shou Yuan International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fu Shou Yuan International Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$614 Mil. Fu Shou Yuan International Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$386 Mil. Hence, Fu Shou Yuan International Group's Days Inventory for the six months ended in Dec. 2023 was 290.18.

The historical rank and industry rank for Fu Shou Yuan International Group's Days Inventory or its related term are showing as below:

HKSE:01448' s Days Inventory Range Over the Past 10 Years
Min: 239.31 Med: 483.51 Max: 829.59
Current: 266.54

During the past 12 years, Fu Shou Yuan International Group's highest Days Inventory was 829.59. The lowest was 239.31. And the median was 483.51.

HKSE:01448's Days Inventory is ranked worse than
91.86% of 86 companies
in the Personal Services industry
Industry Median: 16.425 vs HKSE:01448: 266.54

Fu Shou Yuan International Group's Days Inventory increased from Dec. 2022 (268.19) to Dec. 2023 (290.18). It might indicate that Fu Shou Yuan International Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fu Shou Yuan International Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.63.

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. Fu Shou Yuan International Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.

Fu Shou Yuan International Group Days Inventory Historical Data

The historical data trend for Fu Shou Yuan International Group'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.

Fu Shou Yuan International Group Days Inventory Chart

Fu Shou Yuan International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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816.25

792.21

239.31

303.87

266.58

Fu Shou Yuan International Group 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															219.39	335.83	268.19	246.63	290.18

Competitive Comparison of Fu Shou Yuan International Group's Days Inventory

For the Personal Services subindustry, Fu Shou Yuan International Group'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.

Fu Shou Yuan International Group's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fu Shou Yuan International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fu Shou Yuan International Group's Days Inventory falls into.

Fu Shou Yuan International Group Days Inventory Calculation

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

Fu Shou Yuan International Group'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
=	( (624.197	+	610.319)	/	2 )	/	845.14	*	365
=	617.258					/	845.14	*	365
=	266.58

Fu Shou Yuan International Group'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
=	( (616.971	+	610.319)	/	2 )	/	385.932	*	365 / 2
=	613.645					/	385.932	*	365 / 2
=	290.18

Fu Shou Yuan International Group (HKSE:01448) 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.

Fu Shou Yuan International Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	385.932	/	613.645
	=	0.63

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.

Fu Shou Yuan International Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	613.645	/	1206.971
	=	0.51

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.

Fu Shou Yuan International Group Days Inventory Related Terms

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

Fu Shou Yuan International Group (HKSE:01448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fu Shou Yuan International Group Ltd (HKSE:01448) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FSHUF:USA

Address

No. 88 Cao Xi Road North, Room 1306, Sheng Ai Building, Xuhui District, Shanghai, CHN, 200030

Website

https://www.fsygroup.com

Fu Shou Yuan International Group Ltd is a personal services company that provides burial, funeral, and auxiliary services throughout China. The company derives the vast majority of its revenue from the provision of burial services. Within this business activity, Fu Shou Yuan generates most of its revenue from the sale of primarily customized, artistic, and traditional burial plots. The company also provides cemetery maintenance services for its portfolio of cemeteries within its burial services segment. The majority of Fu Shou Yuan's sales come from the Shanghai region, while the Liaoning province also contributes a sizable percentage of total revenue. Fu Shou Yuan's other divisions are involved in the acquisition and operation of funeral homes and the building of cremation machines.

Fu Shou Yuan International Group (HKSE:01448) Headlines

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