Evergreen Products Group (HKSE:01962) Days Inventory : 233.36 (As of Dec. 2023)

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What is Evergreen Products Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Evergreen Products Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$481.8 Mil. Evergreen Products Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$376.8 Mil. Hence, Evergreen Products Group's Days Inventory for the six months ended in Dec. 2023 was 233.36.

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

HKSE:01962' s Days Inventory Range Over the Past 10 Years
Min: 182.38 Med: 245.02 Max: 318.26
Current: 234.8

During the past 10 years, Evergreen Products Group's highest Days Inventory was 318.26. The lowest was 182.38. And the median was 245.02.

HKSE:01962's Days Inventory is ranked worse than
89.97% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs HKSE:01962: 234.80

Evergreen Products Group's Days Inventory increased from Dec. 2022 (213.30) to Dec. 2023 (233.36). It might indicate that Evergreen Products Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evergreen Products Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.78.

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. Evergreen Products Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.96.

Evergreen Products Group Days Inventory Historical Data

The historical data trend for Evergreen Products Group'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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Evergreen Products Group Days Inventory Chart

Evergreen Products Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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318.26

238.32

182.38

205.05

244.00

Evergreen Products Group Semi-Annual Data
	Dec14	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													159.79	206.28	213.30	226.97	233.36

Competitive Comparison of Evergreen Products Group's Days Inventory

For the Household & Personal Products subindustry, Evergreen Products Group'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.

Evergreen Products Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Evergreen Products Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Evergreen Products Group's Days Inventory falls into.

Evergreen Products Group Days Inventory Calculation

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

Evergreen Products Group'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
=	( (476.03	+	521.359)	/	2 )	/	746.007	*	365
=	498.6945					/	746.007	*	365
=	244.00

Evergreen Products Group'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
=	( (442.282	+	521.359)	/	2 )	/	376.817	*	365 / 2
=	481.8205					/	376.817	*	365 / 2
=	233.36

Evergreen Products Group (HKSE:01962) 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.

Evergreen Products Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	376.817	/	481.8205
	=	0.78

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.

Evergreen Products Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	481.8205	/	500.047
	=	0.96

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.

Evergreen Products Group Days Inventory Related Terms

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

Evergreen Products Group (HKSE:01962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Evergreen Products Group Ltd (HKSE:01962) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.epfhk.com

Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.

Executives

Seavi Advent Investments Ltd	2101 Beneficial owner
Clc Investment Worldwide Limited	2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited	2101 Beneficial owner
Fc Investment Worldwide Limited	2201 Interest of corporation controlled by you
Golden Evergreen Limited	2201 Interest of corporation controlled by you
Hsbc International Trustee Limited	2301 Trustee
Chang Yoe Chong Felix	2101 Beneficial owner
Wong Hor Yan	2202 Interest of your spouse
Chang Chih Lung	2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc	2102 Investment manager

Evergreen Products Group (HKSE:01962) Headlines

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