China Wood International Holding Co (HKSE:01822) Days Inventory : 5.34 (As of Dec. 2023)

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What is China Wood International Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Wood International Holding Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$6.0 Mil. China Wood International Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$204.5 Mil. Hence, China Wood International Holding Co's Days Inventory for the six months ended in Dec. 2023 was 5.34.

The historical rank and industry rank for China Wood International Holding Co's Days Inventory or its related term are showing as below:

HKSE:01822' s Days Inventory Range Over the Past 10 Years
Min: 0.38 Med: 4.84 Max: 138.16
Current: 11.48

During the past 13 years, China Wood International Holding Co's highest Days Inventory was 138.16. The lowest was 0.38. And the median was 4.84.

HKSE:01822's Days Inventory is ranked better than
97.47% of 277 companies
in the Forest Products industry
Industry Median: 89.91 vs HKSE:01822: 11.48

China Wood International Holding Co's Days Inventory declined from Dec. 2022 (98.25) to Dec. 2023 (5.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Wood International Holding Co's Inventory Turnover for the six months ended in Dec. 2023 was 34.16.

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. China Wood International Holding Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.

China Wood International Holding Co Days Inventory Historical Data

The historical data trend for China Wood International Holding Co'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.

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China Wood International Holding Co Days Inventory Chart

China Wood International Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3.75

113.64

138.16

128.44

10.78

China Wood International Holding Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															101.74	296.52	98.25	28.39	5.34

Competitive Comparison of China Wood International Holding Co's Days Inventory

For the Lumber & Wood Production subindustry, China Wood International Holding Co'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.

China Wood International Holding Co's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Wood International Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Wood International Holding Co's Days Inventory falls into.

China Wood International Holding Co Days Inventory Calculation

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

China Wood International Holding Co'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
=	( (14.887	+	1.92)	/	2 )	/	284.639	*	365
=	8.4035					/	284.639	*	365
=	10.78

China Wood International Holding Co'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
=	( (10.051	+	1.92)	/	2 )	/	204.485	*	365 / 2
=	5.9855					/	204.485	*	365 / 2
=	5.34

China Wood International Holding Co (HKSE:01822) 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.

China Wood International Holding Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.485	/	5.9855
	=	34.16

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.

China Wood International Holding Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.9855	/	221.152
	=	0.03

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.

China Wood International Holding Co Days Inventory Related Terms

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

China Wood International Holding Co (HKSE:01822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » China Wood International Holding Co Ltd (HKSE:01822) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Connaught Road Central, Room 1601, 16th Floor, Sun House, Hong Kong, HKG

Website

https://www.chinawoodint.com.hk

China Wood International Holding Co Ltd is an investment holding company. It operates in four segments: the Car rental segment, which engages in the provision of car rental services; the Wood-related business segment engages in the processing and distribution of furniture wood, and the manufacturing and sales of antique-style wood furniture and other wooden products; Financing services and investments segment is into money lending business through the provision of loans and financial investment holding; and Others segment is in the provision of services, such as public relations and property investment. It derives prime revenue from the PRC.

Executives

Yam Tak Cheung	2201 Interest of corporation controlled by you
Integrated Capital (asia) Limited	2106 Person having a security interest in shares
Lyu Ning Jiang	2201 Interest of corporation controlled by you
Right Momentum Group Limited	2101 Beneficial owner
Sino Merchant Car Rental Limited	2101 Beneficial owner
Able Planet International Limited
China Wood Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Dai Yumin	2202 Interest of your spouse
Deng Shufen	2201 Interest of corporation controlled by you
Liu Jiangyuan	2201 Interest of corporation controlled by you
China Orient Alternative Investment Fund	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

China Wood International Holding Co (HKSE:01822) Headlines

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