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Dalipal Holdings (HKSE:01921) Days Inventory : 75.56 (As of Dec. 2023)


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What is Dalipal Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dalipal Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$687 Mil. Dalipal Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,660 Mil. Hence, Dalipal Holdings's Days Inventory for the six months ended in Dec. 2023 was 75.56.

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

HKSE:01921' s Days Inventory Range Over the Past 10 Years
Min: 59.11   Med: 71.58   Max: 135.26
Current: 74.22

During the past 8 years, Dalipal Holdings's highest Days Inventory was 135.26. The lowest was 59.11. And the median was 71.58.

HKSE:01921's Days Inventory is ranked worse than
78.75% of 720 companies
in the Oil & Gas industry
Industry Median: 32.72 vs HKSE:01921: 74.22

Dalipal Holdings's Days Inventory declined from Dec. 2022 (78.78) to Dec. 2023 (75.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dalipal Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 2.42.

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. Dalipal Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.36.


Dalipal Holdings Days Inventory Historical Data

The historical data trend for Dalipal 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.

Dalipal Holdings Days Inventory Chart

Dalipal Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 69.21 76.94 68.67 81.17 73.94

Dalipal Holdings Semi-Annual Data
Dec16 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 65.60 86.82 78.78 73.36 75.56

Competitive Comparison of Dalipal Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Dalipal 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.


Dalipal Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dalipal Holdings's Days Inventory distribution charts can be found below:

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



Dalipal Holdings Days Inventory Calculation

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

Dalipal 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
=( (841.91 + 630.131) / 2 ) / 3633.359*365
=736.0205 / 3633.359*365
=73.94

Dalipal 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
=( (744.539 + 630.131) / 2 ) / 1660.019*365 / 2
=687.335 / 1660.019*365 / 2
=75.56

* 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.


Dalipal Holdings  (HKSE:01921) 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.

Dalipal 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.

Dalipal 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.


Dalipal Holdings Days Inventory Related Terms

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


Dalipal Holdings Business Description

Traded in Other Exchanges
N/A
Address
Nanshugang Road, No.1 Zhuangbei District, Bohai New District, Hebei Province, Cangzhou, CHN
Dalipal Holdings Ltd is engaged in the development, manufacture and sale of oil and gas pipes, new energy pipes and special seamless steel pipes and and other products. The company generates the majority of the revenue from the Sales of oil and gas pipes. The company operates in China and overseas, out of which China accounts for the majority of the revenue.
Executives
Luo Yumei 2202 Interest of your spouse
Meng Fanyong 2101 Beneficial owner
Sheng Xing You Xian Gong Si 2101 Beneficial owner
Xing Jie You Xian Gong Si 2101 Beneficial owner

Dalipal Holdings Headlines

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