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Silver Tide Holdings (HKSE:01943) Days Inventory : 0.00 (As of Sep. 2023)


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What is Silver Tide Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silver Tide Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$0.0 Mil. Silver Tide Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$239.2 Mil. Hence, Silver Tide Holdings's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

HKSE:01943's Days Inventory is not ranked *
in the Building Materials industry.
Industry Median: 83.57
* Ranked among companies with meaningful Days Inventory only.

Silver Tide Holdings's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Silver Tide Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.


Silver Tide Holdings Days Inventory Historical Data

The historical data trend for Silver Tide 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.

Silver Tide Holdings Days Inventory Chart

Silver Tide Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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Silver Tide Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Silver Tide Holdings's Days Inventory

For the Building Materials subindustry, Silver Tide 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.


Silver Tide Holdings's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Silver Tide Holdings's Days Inventory distribution charts can be found below:

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



Silver Tide Holdings Days Inventory Calculation

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

Silver Tide Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 330.636*365
=0 / 330.636*365
=0.00

Silver Tide Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 239.181*365 / 2
=0 / 239.181*365 / 2
=0.00

* 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.


Silver Tide Holdings  (HKSE:01943) 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.

Silver Tide Holdings's Inventory Turnover for the six months ended in Sep. 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.

Silver Tide Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Silver Tide Holdings Days Inventory Related Terms

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


Silver Tide Holdings (HKSE:01943) Business Description

Traded in Other Exchanges
N/A
Address
152 Queen’s Road Central, Office floor 29, Queen’s Road Centre, Hong Kong, HKG
Silver Tide Holdings Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. The company earns maximum revenue from the Construction service segment. Geographically, the company derives revenue from Hong Kong.

Silver Tide Holdings (HKSE:01943) Headlines

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