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Volcano Spring International Holdings (HKSE:01715) Days Inventory : 230.90 (As of Jun. 2024)


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What is Volcano Spring International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Volcano Spring International Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$67.63 Mil. Volcano Spring International Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$53.45 Mil. Hence, Volcano Spring International Holdings's Days Inventory for the six months ended in Jun. 2024 was 230.90.

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

HKSE:01715' s Days Inventory Range Over the Past 10 Years
Min: 120.7   Med: 184.07   Max: 569.92
Current: 302.06

During the past 9 years, Volcano Spring International Holdings's highest Days Inventory was 569.92. The lowest was 120.70. And the median was 184.07.

HKSE:01715's Days Inventory is ranked worse than
92.62% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 100.04 vs HKSE:01715: 302.06

Volcano Spring International Holdings's Days Inventory declined from Jun. 2023 (400.34) to Jun. 2024 (230.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Volcano Spring International Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 0.79.

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. Volcano Spring International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 1.12.


Volcano Spring International Holdings Days Inventory Historical Data

The historical data trend for Volcano Spring 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.

* Premium members only.

Volcano Spring International Holdings Days Inventory Chart

Volcano Spring International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 184.07 231.14 300.69 569.92 393.22

Volcano Spring International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 493.94 520.99 400.34 381.56 230.90

Competitive Comparison of Volcano Spring International Holdings's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Volcano Spring 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.


Volcano Spring International Holdings's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Volcano Spring International Holdings's Days Inventory distribution charts can be found below:

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



Volcano Spring International Holdings Days Inventory Calculation

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

Volcano Spring International 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
=( (93.944 + 54.886) / 2 ) / 69.074*365
=74.415 / 69.074*365
=393.22

Volcano Spring International Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (54.886 + 80.368) / 2 ) / 53.452*365 / 2
=67.627 / 53.452*365 / 2
=230.90

* 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.


Volcano Spring International Holdings  (HKSE:01715) 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.

Volcano Spring International Holdings's Inventory Turnover for the six months ended in Jun. 2024 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.

Volcano Spring International Holdings's Inventory to Revenue for the six months ended in Jun. 2024 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.


Volcano Spring International Holdings Days Inventory Related Terms

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


Volcano Spring International Holdings Business Description

Traded in Other Exchanges
N/A
Address
3585 Sanlu Road, West Building No. 2, Pujiang Industrial Zone, Caohejing Hi-tech Park, Shanghai, CHN, 201114
Volcano Spring International Holdings Ltd is engaged in the research and development, manufacturing and trading of kitchen appliances and selling of healthcare products in the PRC. The Group's revenue is substantially derived from the PRC market.
Executives
Seashore Global Enterprises Limited 2101 Beneficial owner
Wu Huizhang 2201 Interest of corporation controlled by you
Zhao Jie 2101 Beneficial owner
Ample Cheer Limited
Kingston Finance Limited
Chu Yuet Wah
Ke Fusheng 2101 Beneficial owner
Maeck Can Yue 2201 Interest of corporation controlled by you
Wide Big Investment Limited 2101 Beneficial owner

Volcano Spring International Holdings Headlines

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