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Man Shun Group (Holdings) (HKSE:01746) Days Inventory : 6.29 (As of Dec. 2023)


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What is Man Shun Group (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Man Shun Group (Holdings)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$2.5 Mil. Man Shun Group (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$73.3 Mil. Hence, Man Shun Group (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 6.29.

The historical rank and industry rank for Man Shun Group (Holdings)'s Days Inventory or its related term are showing as below:

HKSE:01746' s Days Inventory Range Over the Past 10 Years
Min: 7.28   Med: 10.24   Max: 10.38
Current: 7.43

During the past 9 years, Man Shun Group (Holdings)'s highest Days Inventory was 10.38. The lowest was 7.28. And the median was 10.24.

HKSE:01746's Days Inventory is ranked better than
81.19% of 1393 companies
in the Construction industry
Industry Median: 48.55 vs HKSE:01746: 7.43

Man Shun Group (Holdings)'s Days Inventory declined from Dec. 2022 (12.02) to Dec. 2023 (6.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Man Shun Group (Holdings)'s Inventory Turnover for the six months ended in Dec. 2023 was 29.00.

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. Man Shun Group (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Man Shun Group (Holdings) Days Inventory Historical Data

The historical data trend for Man Shun Group (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.

Man Shun Group (Holdings) Days Inventory Chart

Man Shun Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 10.38 10.24 7.28

Man Shun Group (Holdings) Semi-Annual Data
Dec15 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 9.56 12.68 12.02 8.96 6.29

Competitive Comparison of Man Shun Group (Holdings)'s Days Inventory

For the Engineering & Construction subindustry, Man Shun Group (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.


Man Shun Group (Holdings)'s Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Days Inventory falls into.



Man Shun Group (Holdings) Days Inventory Calculation

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

Man Shun Group (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
=( (3.108 + 2.225) / 2 ) / 133.743*365
=2.6665 / 133.743*365
=7.28

Man Shun Group (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
=( (2.829 + 2.225) / 2 ) / 73.279*365 / 2
=2.527 / 73.279*365 / 2
=6.29

* 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.


Man Shun Group (Holdings)  (HKSE:01746) 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.

Man Shun Group (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.

Man Shun Group (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.


Man Shun Group (Holdings) Days Inventory Related Terms

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


Man Shun Group (Holdings) (HKSE:01746) Business Description

Traded in Other Exchanges
N/A
Address
Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Man Shun Group (Holdings) (HKSE:01746) Headlines

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