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Da Sen Holdings Group (HKSE:01580) Days Inventory : 500.96 (As of Sep. 2023)


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What is Da Sen Holdings Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Da Sen Holdings Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$3.28 Mil. Da Sen Holdings Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1.19 Mil. Hence, Da Sen Holdings Group's Days Inventory for the six months ended in Sep. 2023 was 500.96.

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

HKSE:01580' s Days Inventory Range Over the Past 10 Years
Min: 36.74   Med: 60.35   Max: 597.94
Current: 597.94

During the past 10 years, Da Sen Holdings Group's highest Days Inventory was 597.94. The lowest was 36.74. And the median was 60.35.

HKSE:01580's Days Inventory is ranked worse than
97.11% of 277 companies
in the Forest Products industry
Industry Median: 89.91 vs HKSE:01580: 597.94

Da Sen Holdings Group's Days Inventory increased from Dec. 2021 (26.91) to Sep. 2023 (500.96). It might indicate that Da Sen Holdings Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Da Sen Holdings Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.36.

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. Da Sen Holdings Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.29.


Da Sen Holdings Group Days Inventory Historical Data

The historical data trend for Da Sen Holdings 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.

Da Sen Holdings Group Days Inventory Chart

Da Sen Holdings Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.39 106.77 78.81 40.37 -

Da Sen Holdings Group Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep23
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 68.02 77.48 26.91 23.71 500.96

Competitive Comparison of Da Sen Holdings Group's Days Inventory

For the Lumber & Wood Production subindustry, Da Sen Holdings 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.


Da Sen Holdings Group's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Da Sen Holdings Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Da Sen Holdings Group's Days Inventory falls into.



Da Sen Holdings Group Days Inventory Calculation

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

Da Sen Holdings Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (6.264 + 2.201) / 2 ) / 0*365
=4.2325 / 0*365
=N/A

Da Sen Holdings Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (4.599 + 1.956) / 2 ) / 1.194*365 / 2
=3.2775 / 1.194*365 / 2
=500.96

* 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.


Da Sen Holdings Group  (HKSE:01580) 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.

Da Sen Holdings Group's Inventory Turnover for the six months ended in Sep. 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.

Da Sen Holdings Group's Inventory to Revenue for the six months ended in Sep. 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.


Da Sen Holdings Group Days Inventory Related Terms

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


Da Sen Holdings Group (HKSE:01580) Business Description

Traded in Other Exchanges
N/A
Address
Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN
Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.
Executives
Wong Tseng Hon 2101 Beneficial owner
Chai Kaw Sing 2202 Interest of your spouse
Leung Leung Wing Yee Winnie 2104 Agent
Zhang Ayang 2202 Interest of your spouse
Wang Songmao 2101 Beneficial owner
Wu Haiyan 2401 A concert party to an agreement to buy shares
Wu Shican 2401 A concert party to an agreement to buy shares
Ke Mingcai 2401 A concert party to an agreement to buy shares
Lin Qingxiong

Da Sen Holdings Group (HKSE:01580) Headlines

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