Boer Power Holdings (HKSE:01685) Days Inventory : 103.26 (As of Dec. 2023)

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What is Boer Power Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boer Power Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$145.3 Mil. Boer Power Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$256.8 Mil. Hence, Boer Power Holdings's Days Inventory for the six months ended in Dec. 2023 was 103.26.

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

HKSE:01685' s Days Inventory Range Over the Past 10 Years
Min: 27.33 Med: 86.1 Max: 137
Current: 117.33

During the past 13 years, Boer Power Holdings's highest Days Inventory was 137.00. The lowest was 27.33. And the median was 86.10.

HKSE:01685's Days Inventory is ranked worse than
66.9% of 142 companies
in the Industrial Distribution industry
Industry Median: 88.49 vs HKSE:01685: 117.33

Boer Power Holdings's Days Inventory declined from Dec. 2022 (114.84) to Dec. 2023 (103.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Boer Power Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.77.

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. Boer Power Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

Boer Power Holdings Days Inventory Historical Data

The historical data trend for Boer Power 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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Boer Power Holdings Days Inventory Chart

Boer Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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82.41

81.84

137.00

124.21

124.87

Boer Power Holdings 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															135.98	146.82	114.84	126.64	103.26

Competitive Comparison of Boer Power Holdings's Days Inventory

For the Industrial Distribution subindustry, Boer Power 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.

Boer Power Holdings's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Boer Power Holdings's Days Inventory distribution charts can be found below:

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

Boer Power Holdings Days Inventory Calculation

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

Boer Power Holdings'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
=	( (151.903	+	162.054)	/	2 )	/	458.854	*	365
=	156.9785					/	458.854	*	365
=	124.87

Boer Power 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
=	( (128.54	+	162.054)	/	2 )	/	256.789	*	365 / 2
=	145.297					/	256.789	*	365 / 2
=	103.26

Boer Power Holdings (HKSE:01685) 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.

Boer Power Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	256.789	/	145.297
	=	1.77

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.

Boer Power Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	145.297	/	355.627
	=	0.41

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.

Boer Power Holdings Days Inventory Related Terms

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

Boer Power Holdings (HKSE:01685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Boer Power Holdings Ltd (HKSE:01685) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Luoyang Road, Yangshi Industrial Park, Huishan District, Jiangsu Province, Wuxi, CHN, 214187

Website

http://www.boerpower.com

Boer Power Holdings Ltd is engaged in designing, manufacturing, and sale of electrical distribution equipment, and provision of electrical distribution systems solution services in the PRC. The business has two segments - IEM Solutions, which include sale of electrical distribution systems, EPC projects, and sale of electricity and Components and Spare Parts Business segment, which include components and spare parts for application on electrical distribution equipment or the basic function units of the solutions and sells such components and spare parts to the customers. Maximum revenue is generated by the IEM solutions segment.

Executives

Jia Lingxia	2201 Interest of corporation controlled by you
Qian Yixiang	2201 Interest of corporation controlled by you
Xing Bao You Xian Gong Si	2101 Beneficial owner

Boer Power Holdings (HKSE:01685) Headlines

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