Natural Food International Holding (HKSE:01837) Days Inventory : 41.36 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Natural Food International Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Natural Food International Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$86 Mil. Natural Food International Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$381 Mil. Hence, Natural Food International Holding's Days Inventory for the six months ended in Dec. 2023 was 41.36.

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

HKSE:01837' s Days Inventory Range Over the Past 10 Years
Min: 44.27 Med: 76.69 Max: 93.74
Current: 44.27

During the past 9 years, Natural Food International Holding's highest Days Inventory was 93.74. The lowest was 44.27. And the median was 76.69.

HKSE:01837's Days Inventory is ranked better than
80.53% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs HKSE:01837: 44.27

Natural Food International Holding's Days Inventory declined from Dec. 2022 (44.44) to Dec. 2023 (41.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Natural Food International Holding's Inventory Turnover for the six months ended in Dec. 2023 was 4.41.

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. Natural Food International Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

Natural Food International Holding Days Inventory Historical Data

The historical data trend for Natural Food International Holding'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.

Natural Food International Holding Days Inventory Chart

Natural Food International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

93.74

84.07

65.92

50.30

48.68

Natural Food International Holding 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											50.42	48.10	44.44	42.83	41.36

Competitive Comparison of Natural Food International Holding's Days Inventory

For the Packaged Foods subindustry, Natural Food International Holding'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.

Natural Food International Holding's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Food International Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Natural Food International Holding's Days Inventory falls into.

Natural Food International Holding Days Inventory Calculation

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

Natural Food International Holding'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
=	( (91.42	+	102.241)	/	2 )	/	726.041	*	365
=	96.8305					/	726.041	*	365
=	48.68

Natural Food International Holding'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
=	( (70.492	+	102.241)	/	2 )	/	381.107	*	365 / 2
=	86.3665					/	381.107	*	365 / 2
=	41.36

Natural Food International Holding (HKSE:01837) 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.

Natural Food International Holding's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	381.107	/	86.3665
	=	4.41

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.

Natural Food International Holding's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	86.3665	/	1062.521
	=	0.08

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.

Natural Food International Holding Days Inventory Related Terms

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

Natural Food International Holding (HKSE:01837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natural Food International Holding Ltd (HKSE:01837) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Yuehei Street, No. 8 Haitian 1st Road, 7th Floor, West Tower, Baidu International Building, Binhai Community, Nanshan District, Shenzhen, CHN

Website

http://www.szwgmf.com

Natural Food International Holding Ltd is a natural health food company. Along with its subsidiaries, the company is engaged in processing and selling natural health food in the People's Republic of China. The group sells its products through an extensive network of offline concessionary counters as well as online channels, including e-commerce platforms and self-operated WeChat member stores, of which the majority of revenue is derived through sales made by offline channels. Geographically, the company generates a majority of its revenue from the People's Republic of China.

Natural Food International Holding (HKSE:01837) Headlines

No Headlines