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Zhou Hei Ya International Holdings Co (HKSE:01458) Days Inventory : 90.44 (As of Dec. 2023)


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What is Zhou Hei Ya International Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhou Hei Ya International Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$343 Mil. Zhou Hei Ya International Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$693 Mil. Hence, Zhou Hei Ya International Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 90.44.

The historical rank and industry rank for Zhou Hei Ya International Holdings Co's Days Inventory or its related term are showing as below:

HKSE:01458' s Days Inventory Range Over the Past 10 Years
Min: 27.76   Med: 82.41   Max: 111.51
Current: 85.23

During the past 11 years, Zhou Hei Ya International Holdings Co's highest Days Inventory was 111.51. The lowest was 27.76. And the median was 82.41.

HKSE:01458's Days Inventory is ranked worse than
51.85% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.205 vs HKSE:01458: 85.23

Zhou Hei Ya International Holdings Co's Days Inventory increased from Dec. 2022 (83.95) to Dec. 2023 (90.44). It might indicate that Zhou Hei Ya International Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhou Hei Ya International Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 2.02.

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. Zhou Hei Ya International Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.


Zhou Hei Ya International Holdings Co Days Inventory Historical Data

The historical data trend for Zhou Hei Ya International Holdings Co'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.

Zhou Hei Ya International Holdings Co Days Inventory Chart

Zhou Hei Ya International Holdings Co 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 93.75 111.51 85.71 109.74 84.15

Zhou Hei Ya International Holdings Co Semi-Annual Data
Dec13 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 90.33 97.76 83.95 81.37 90.44

Competitive Comparison of Zhou Hei Ya International Holdings Co's Days Inventory

For the Packaged Foods subindustry, Zhou Hei Ya International Holdings Co'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.


Zhou Hei Ya International Holdings Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhou Hei Ya International Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhou Hei Ya International Holdings Co's Days Inventory falls into.



Zhou Hei Ya International Holdings Co Days Inventory Calculation

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

Zhou Hei Ya International Holdings Co'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
=( (313.491 + 344.89) / 2 ) / 1427.892*365
=329.1905 / 1427.892*365
=84.15

Zhou Hei Ya International Holdings Co'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
=( (341.89 + 344.89) / 2 ) / 692.926*365 / 2
=343.39 / 692.926*365 / 2
=90.44

* 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.


Zhou Hei Ya International Holdings Co  (HKSE:01458) 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.

Zhou Hei Ya International Holdings Co'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.

Zhou Hei Ya International Holdings Co'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.


Zhou Hei Ya International Holdings Co Days Inventory Related Terms

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Zhou Hei Ya International Holdings Co (HKSE:01458) Business Description

Traded in Other Exchanges
Address
No. 8-1 Huitong Road Zoumaling, Dongxihu District, Hubei Province, Wuhan, CHN, 430040
Zhou Hei Ya International Holdings Company Limited is a China-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the production, marketing and retailing of casual braised duck-related casual food. The Company mainly sells its products under the brand name of Zhou Hei Ya. Its products mainly include ducks and duck part products, braised red meat, braised vegetable products and other braised poultry. The Company mainly operates its business in domestic market, with Central China and Southern China as its major markets.
Executives
Healthy Origin Holdings Limited 2101 Beneficial owner
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhou Fuyu 2202 Interest of your spouse
Cantrust (far East) Limited 2301 Trustee
Zhy X Holdings Co., Limited 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Credit Suisse Group Ag 2201 Interest of corporation controlled by you
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhy Holdings Iv Company Limited 2101 Beneficial owner

Zhou Hei Ya International Holdings Co (HKSE:01458) Headlines

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