/term/days-inventory/HKSE:01716 Most Kwai Chung (HKSE:01716) Days Inventory
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Most Kwai Chung (HKSE:01716) Days Inventory : 4.33 (As of Sep. 2023)


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What is Most Kwai Chung Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Most Kwai Chung's Average Total Inventories for the six months ended in Sep. 2023 was HK$0.48 Mil. Most Kwai Chung's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$20.09 Mil. Hence, Most Kwai Chung's Days Inventory for the six months ended in Sep. 2023 was 4.33.

The historical rank and industry rank for Most Kwai Chung's Days Inventory or its related term are showing as below:

HKSE:01716' s Days Inventory Range Over the Past 10 Years
Min: 4.84   Med: 6.7   Max: 23.58
Current: 5.88

During the past 9 years, Most Kwai Chung's highest Days Inventory was 23.58. The lowest was 4.84. And the median was 6.70.

HKSE:01716's Days Inventory is ranked better than
78.25% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs HKSE:01716: 5.88

Most Kwai Chung's Days Inventory declined from Sep. 2022 (8.76) to Sep. 2023 (4.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Most Kwai Chung's Inventory Turnover for the six months ended in Sep. 2023 was 42.12.

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. Most Kwai Chung's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


Most Kwai Chung Days Inventory Historical Data

The historical data trend for Most Kwai Chung'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.

Most Kwai Chung Days Inventory Chart

Most Kwai Chung Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 4.84 5.81 6.70 6.42 10.74

Most Kwai Chung 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 9.29 8.76 8.56 4.33

Competitive Comparison of Most Kwai Chung's Days Inventory

For the Advertising Agencies subindustry, Most Kwai Chung'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.


Most Kwai Chung's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Most Kwai Chung's Days Inventory distribution charts can be found below:

* The bar in red indicates where Most Kwai Chung's Days Inventory falls into.



Most Kwai Chung Days Inventory Calculation

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

Most Kwai Chung'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
=( (1.29 + 0.48) / 2 ) / 30.083*365
=0.885 / 30.083*365
=10.74

Most Kwai Chung'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
=( (0.48 + 0.474) / 2 ) / 20.092*365 / 2
=0.477 / 20.092*365 / 2
=4.33

* 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.


Most Kwai Chung  (HKSE:01716) 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.

Most Kwai Chung'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.

Most Kwai Chung'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.


Most Kwai Chung Days Inventory Related Terms

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


Most Kwai Chung (HKSE:01716) Business Description

Traded in Other Exchanges
N/A
Address
11-13 Tai Yuen Street, Unit 8, 16thFloor, Block B, Tung Chun Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Most Kwai Chung Ltd is an investment holding company. The company is engaged in the provision of digital media services, print media services and other media services which include events organization and artistes management. Its operating segment includes Digital media services, Print media services, and Other media services. Digital media services is engaged in the provision of one-stop advertising solution packages. The Print media services represent advertorial production and advertisement placement services and sale of publications including books and magazines. It generates maximum revenue from the Digital media services segment. Geographically, it operates only in Hong Kong.
Executives
Lui Yu Kin 2101 Beneficial owner
Chan Christine Kar-hey
Chan Mavis Pak Ling
Blackpaper Limited 2401 A concert party to an agreement to buy shares
Chui Cheung Lam 2501 Other
Leung Hoi Yui 2501 Other
Wong Kar Wai 2501 Other
Yuen Kam Shing 2501 Other
Iu Kar Ho 2401 A concert party to an agreement to buy shares
Luk Ka Chun 2401 A concert party to an agreement to buy shares

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