FSM Holdings (HKSE:01721) Days Inventory: 86.72 (As of Jun. 2025) — 64% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01721 FSM Holdings Ltd HKSE:01721
44 GF Score
Price HK$0.14
GF Value HK$0.37
! 4 Warning Signs
View Full Analysis

What is FSM Holdings Days Inventory?

FSM Holdings HKSE:01721 44 Days Inventory is 86.72 as of Jun. 2025, which is 64% above its 10-year median of 52.76. GuruFocus rates HKSE:01721 with a GF Score™ of 44/100 and a GF Value™ of HK$0.37. The stock has 4 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). FSM Holdings's Average Total Inventories for the six months ended in Jun. 2025 was HK$12.73 Mil. FSM Holdings's Cost of Goods Sold for the six months ended in Jun. 2025 was HK$26.79 Mil. Hence, FSM Holdings's Days Inventory for the six months ended in Jun. 2025 was 86.72.

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

HKSE:01721' s Days Inventory Range Over the Past 10 Years
Min: 32.19   Med: 52.76   Max: 89.16
Current: 72.16

During the past 10 years, FSM Holdings's highest Days Inventory was 89.16. The lowest was 32.19. And the median was 52.76.

HKSE:01721's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 118.63 vs HKSE:01721: 72.16

FSM Holdings's Days Inventory increased from Jun. 2024 (62.35) to Jun. 2025 (86.72). It might indicate that FSM Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FSM Holdings's Inventory Turnover for the six months ended in Jun. 2025 was 2.10.

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. FSM Holdings's Inventory-to-Revenue for the six months ended in Jun. 2025 was 0.26.


FSM Holdings  (HKSE:01721) 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.

FSM Holdings's Inventory Turnover for the six months ended in Jun. 2025 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.

FSM Holdings's Inventory to Revenue for the six months ended in Jun. 2025 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.


FSM Holdings Days Inventory Related Terms


FSM Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for FSM 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.

FSM Holdings Days Inventory Chart

FSM Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.10 39.75 69.59 89.16 75.52

FSM Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 Premium Member Only 110.88 71.51 62.35 58.68 86.72

HKSE:01721 vs ATI, CRS, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, FSM 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.


FSM Holdings Days Inventory vs Industrial Products Industry

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

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


HKSE:01721
44GF Score
FSM Holdings Ltd HKSE:01721
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FSM Holdings Days Inventory Calculation

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

FSM Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (10.295 + 10.914) / 2 ) / 51.255*365
=10.6045 / 51.255*365
=75.52

FSM Holdings's Days Inventory for the quarter that ended in Jun. 2025 is calculated as:

Days Inventory (Q: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (10.914 + 14.541) / 2 ) / 26.786*365 / 2
=12.7275 / 26.786*365 / 2
=86.72

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 86.72 mean?
FSM Holdings (HKSE:01721) has a Days Inventory of 86.72 as of Jun. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FSM Holdings and its competitors. This is 64% above median its historical median of 52.76. Over the past decade, FSM Holdings' Days Inventory has ranged from 32.19 to 89.16.
Is FSM Holdings' Days Inventory too high?
FSM Holdings' current Days Inventory of 86.72 is 64% above median its 10-year median of 52.76. Over the past 10 years, this metric has ranged from a low of 32.19 to a high of 89.16. The Industrial Products industry median Days Inventory is 118.63. FSM Holdings' value of 86.72 is 26.9% below this industry median. Overall, FSM Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does FSM Holdings' Days Inventory compare to ATI and CRS?
FSM Holdings' Days Inventory of 86.72 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 118.63. FSM Holdings' value of 86.72 is 26.9% below this benchmark. Historically, FSM Holdings' own Days Inventory has ranged from 32.19 to 89.16 over the past decade. While the company's 10-year median is 52.76 vs. the industry median of 118.63, FSM Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.63, based on 2,973 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FSM Holdings's current Days Inventory of 86.72 is 26.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FSM Holdings and its competitors. For the Industrial Products industry, the median Days Inventory is 118.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSM Holdings's current Days Inventory is 86.72, which is 64% above median its own 10-year median of 52.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSM Holdings stock overvalued right now?
FSM Holdings (HKSE:01721) has a current Days Inventory of 86.72. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.14 — trading 62.2% below its estimated fair value. The current Days Inventory is 86.72, which is 64% above median its 10-year median of 52.76 and 26.9% below the Industrial Products industry median of 118.63. FSM Holdings' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For FSM Holdings (HKSE:01721), the current Days Inventory is 86.72 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FSM Holdings (HKSE:01721) Overvalued in 2026?

Based on GuruFocus' analysis, FSM Holdings stock appears to be undervalued. The current stock price of HK$0.14 is trading 62.2% below its estimated GF Value™ of HK$0.37.

Key valuation signals for HKSE:01721:

  • Days Inventory: 86.72 (64% above median its 10-year median of 52.76)
  • GF Value™: HK$0.37 vs. price of HK$0.14 (62.2% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 26.9% below the Industrial Products median

No single metric tells the full story. See the HKSE:01721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FSM Holdings Business Description

Address 68 Kimberley Road, Unit 813, 8th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
FSM Holdings Ltd is an investment holding company engaged in manufacturing sheet metal fabrication with a focus on precision engineering, precision machining service and provision of posttreatment processes; and online business in developing, distributing and operating online mobile games. The group has two business segments, namely the manufacturing business and the online business. Under the manufacturing business segment, it engages in sheet metal fabrication with a focus on precision engineering and precision machining services with production facilities based in Singapore and Malaysia. The group has established a dedicated development team in the online business segment, concentrating on crafting mobile games for all audience.
44GF Score

Get the complete analysis for HKSE:01721

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.14
Price
HK$0.37
GF Value