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Okura Holdings (HKSE:01655) Days Inventory : 7.82 (As of Dec. 2023)


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What is Okura Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Okura Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$6.6 Mil. Okura Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$154.5 Mil. Hence, Okura Holdings's Days Inventory for the six months ended in Dec. 2023 was 7.82.

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

HKSE:01655' s Days Inventory Range Over the Past 10 Years
Min: 1.18   Med: 4.68   Max: 7.45
Current: 7.18

During the past 10 years, Okura Holdings's highest Days Inventory was 7.45. The lowest was 1.18. And the median was 4.68.

HKSE:01655's Days Inventory is ranked better than
74.93% of 678 companies
in the Travel & Leisure industry
Industry Median: 32.025 vs HKSE:01655: 7.18

Okura Holdings's Days Inventory increased from Dec. 2022 (5.84) to Dec. 2023 (7.82). It might indicate that Okura Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Okura Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 23.35.

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. Okura Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Okura Holdings Days Inventory Historical Data

The historical data trend for Okura 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.

* Premium members only.

Okura Holdings Days Inventory Chart

Okura Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 1.18 2.92 5.44 7.45

Okura Holdings Semi-Annual Data
Jun14 Jun15 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 4.87 5.24 5.84 7.41 7.82

Competitive Comparison of Okura Holdings's Days Inventory

For the Gambling subindustry, Okura 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.


Okura Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Okura Holdings's Days Inventory distribution charts can be found below:

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



Okura Holdings Days Inventory Calculation

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

Okura Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (4.863 + 7.592) / 2 ) / 305.157*365
=6.2275 / 305.157*365
=7.45

Okura Holdings'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
=( (7.592 + 5.641) / 2 ) / 154.48*365 / 2
=6.6165 / 154.48*365 / 2
=7.82

* 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.


Okura Holdings  (HKSE:01655) 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.

Okura Holdings'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.

Okura Holdings'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.


Okura Holdings Days Inventory Related Terms

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


Okura Holdings Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, 11th Floor, Admirality Centre Tower II, Admirality, Hong Kong, HKG
Okura Holdings Ltd is an investment holding company. The company's segment includes Pachinko and pachislot hall operation; Property rental and Other. It generates maximum revenue from the Pachinko and pachislot hall operation segment.
Executives
Yamamoto Katsuya 2307 Founder of a discretionary trust who can infl
Ami Culture Foundation 2201 Interest of corporation controlled by you
Corfiducia Anstalt 2301 Trustee
Ichikura Limited 2101 Beneficial owner
Sprecher Josef 2301 Trustee
Katsuya Yamamoto 2101 Beneficial owner

Okura Holdings Headlines

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