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Jolimark Holdings (HKSE:02028) Days Inventory : 138.94 (As of Jun. 2024)


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What is Jolimark Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jolimark Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$72.3 Mil. Jolimark Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$95.0 Mil. Hence, Jolimark Holdings's Days Inventory for the six months ended in Jun. 2024 was 138.94.

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

HKSE:02028' s Days Inventory Range Over the Past 10 Years
Min: 109.39   Med: 148.21   Max: 191.55
Current: 161.03

During the past 13 years, Jolimark Holdings's highest Days Inventory was 191.55. The lowest was 109.39. And the median was 148.21.

HKSE:02028's Days Inventory is ranked worse than
73.39% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs HKSE:02028: 161.03

Jolimark Holdings's Days Inventory declined from Jun. 2023 (189.80) to Jun. 2024 (138.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jolimark Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 1.31.

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. Jolimark Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.80.


Jolimark Holdings Days Inventory Historical Data

The historical data trend for Jolimark 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.

Jolimark Holdings Days Inventory Chart

Jolimark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.90 173.90 154.12 191.55 175.10

Jolimark Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 203.12 201.47 189.80 177.29 138.94

Competitive Comparison of Jolimark Holdings's Days Inventory

For the Computer Hardware subindustry, Jolimark 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.


Jolimark Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jolimark Holdings's Days Inventory distribution charts can be found below:

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



Jolimark Holdings Days Inventory Calculation

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

Jolimark 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
=( (113.234 + 76.672) / 2 ) / 197.932*365
=94.953 / 197.932*365
=175.10

Jolimark Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (76.672 + 67.923) / 2 ) / 94.962*365 / 2
=72.2975 / 94.962*365 / 2
=138.94

* 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.


Jolimark Holdings  (HKSE:02028) 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.

Jolimark Holdings's Inventory Turnover for the six months ended in Jun. 2024 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.

Jolimark Holdings's Inventory to Revenue for the six months ended in Jun. 2024 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.


Jolimark Holdings Days Inventory Related Terms

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


Jolimark Holdings Business Description

Traded in Other Exchanges
N/A
Address
Jiangyu Science and Technology Park, 18 Jiangyu Road, Jinguzhou Development Zone, Xinhui District, Guangdong province, Jiangmen, CHN, 529141
Jolimark Holdings Ltd is an investment holding company. It is engaged in the manufacture and sale of printers and other electronic products. The group sells products to end-users mainly through third-party distributors or corporate customers. It generates maximum revenue from the Printers business. Geographically, it derives a majority of revenue from the PRC.
Executives
Au Pak Yin, Tai Noi Kit Family Holdings Limited
Kytronics Growth Limited
Kytronics Holdings Limited
Au Pak Yin
Tai Noi Kit

Jolimark Holdings Headlines

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