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Yadong Group Holdings (HKSE:01795) Days Inventory : 46.46 (As of Dec. 2023)


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What is Yadong Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yadong Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$150 Mil. Yadong Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$589 Mil. Hence, Yadong Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 46.46.

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

HKSE:01795' s Days Inventory Range Over the Past 10 Years
Min: 30.04   Med: 43.23   Max: 65.5
Current: 60.44

During the past 7 years, Yadong Group Holdings's highest Days Inventory was 65.50. The lowest was 30.04. And the median was 43.23.

HKSE:01795's Days Inventory is ranked better than
82.52% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.53 vs HKSE:01795: 60.44

Yadong Group Holdings's Days Inventory declined from Dec. 2022 (70.44) to Dec. 2023 (46.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yadong Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 3.93.

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. Yadong Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.


Yadong Group Holdings Days Inventory Historical Data

The historical data trend for Yadong 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.

Yadong Group Holdings Days Inventory Chart

Yadong Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 30.04 38.46 52.19 65.50 61.22

Yadong Group Holdings Semi-Annual Data
Dec17 Dec18 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 61.57 63.46 70.44 78.28 46.46

Competitive Comparison of Yadong Group Holdings's Days Inventory

For the Textile Manufacturing subindustry, Yadong 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.


Yadong Group Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yadong Group Holdings's Days Inventory distribution charts can be found below:

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



Yadong Group Holdings Days Inventory Calculation

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

Yadong 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
=( (211.016 + 133.782) / 2 ) / 1027.908*365
=172.399 / 1027.908*365
=61.22

Yadong 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
=( (165.869 + 133.782) / 2 ) / 588.569*365 / 2
=149.8255 / 588.569*365 / 2
=46.46

* 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.


Yadong Group Holdings  (HKSE:01795) 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.

Yadong 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.

Yadong 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.


Yadong Group Holdings Days Inventory Related Terms

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


Yadong Group Holdings (HKSE:01795) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road, Unit B, 11th Floor Eton Building, Central, Hong Kong, HKG
Yadong Group Holdings Ltd is engaged in designing, processing and sale of textile fabric products. It is also engaged in the provision of just processing services. The company's textile fabric products are categorized into two broad types, namely plain weave Fabrics, and Corduroy fabrics. The company sell its textile fabric products mainly to garment manufacturers as well as trading companies.
Executives
Hu Beixia 2202 Interest of your spouse
Oriental Ever Holdings Limited 2101 Beneficial owner
Xue Shidong 2201 Interest of corporation controlled by you

Yadong Group Holdings (HKSE:01795) Headlines

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