Vico International Holdings (HKSE:01621) Days Inventory : 2.79 (As of Sep. 2023)

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What is Vico International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vico International Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$11 Mil. Vico International Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$697 Mil. Hence, Vico International Holdings's Days Inventory for the six months ended in Sep. 2023 was 2.79.

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

HKSE:01621' s Days Inventory Range Over the Past 10 Years
Min: 2.01 Med: 2.66 Max: 3.46
Current: 3.42

During the past 9 years, Vico International Holdings's highest Days Inventory was 3.46. The lowest was 2.01. And the median was 2.66.

HKSE:01621's Days Inventory is ranked better than
92.88% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs HKSE:01621: 3.42

Vico International Holdings's Days Inventory declined from Sep. 2022 (3.78) to Sep. 2023 (2.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vico International Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 65.34.

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. Vico International Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.01.

Vico International Holdings Days Inventory Historical Data

The historical data trend for Vico International 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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Vico International Holdings Days Inventory Chart

Vico International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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2.01

2.19

3.10

2.05

3.46

Vico International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial											2.48	2.12	3.78	4.19	2.79

Competitive Comparison of Vico International Holdings's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Vico International 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.

Vico International Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vico International Holdings's Days Inventory distribution charts can be found below:

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

Vico International Holdings Days Inventory Calculation

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

Vico International Holdings'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: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (7.864	+	10.556)	/	2 )	/	972.344	*	365
=	9.21					/	972.344	*	365
=	3.46

Vico International Holdings'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (10.556	+	10.789)	/	2 )	/	697.335	*	365 / 2
=	10.6725					/	697.335	*	365 / 2
=	2.79

Vico International Holdings (HKSE:01621) 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.

Vico International Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	697.335	/	10.6725
	=	65.34

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.

Vico International Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.6725	/	726.658
	=	0.01

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.

Vico International Holdings Days Inventory Related Terms

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

Vico International Holdings (HKSE:01621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vico International Holdings Ltd (HKSE:01621) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Cheung Yue Street, Unit D, 11th Floor, Billion Plaza II, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.vicointernational.hk

Vico International Holdings Ltd is engaged in the business of distribution of petrochemicals products. The company's portfolio of products comprises Diesel, Self-branded and third-party branded lubricant oil, and other petrochemicals such as Bitumen. The operating segments of the group are Sales of diesel; Provision of fleet card service; Sales of lubricant oil and Sales of others. The company derives the majority of its revenue from the Sales of the diesel segment. Geographically, the group has a business presence in Hong Kong; Macau, Vietnam, Dubai, and Malaysia, of which key revenue is generated from Hong Kong.

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