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Time Watch Investments (HKSE:02033) Days Inventory : 308.08 (As of Jun. 2024)


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What is Time Watch Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Time Watch Investments's Average Total Inventories for the six months ended in Jun. 2024 was HK$208.5 Mil. Time Watch Investments's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$123.5 Mil. Hence, Time Watch Investments's Days Inventory for the six months ended in Jun. 2024 was 308.08.

The historical rank and industry rank for Time Watch Investments's Days Inventory or its related term are showing as below:

HKSE:02033' s Days Inventory Range Over the Past 10 Years
Min: 234.1   Med: 301.65   Max: 408.07
Current: 317.04

During the past 13 years, Time Watch Investments's highest Days Inventory was 408.07. The lowest was 234.10. And the median was 301.65.

HKSE:02033's Days Inventory is ranked worse than
89.81% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.02 vs HKSE:02033: 317.04

Time Watch Investments's Days Inventory declined from Jun. 2023 (379.86) to Jun. 2024 (308.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Time Watch Investments's Inventory Turnover for the six months ended in Jun. 2024 was 0.59.

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. Time Watch Investments's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.46.


Time Watch Investments Days Inventory Historical Data

The historical data trend for Time Watch Investments'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.

Time Watch Investments Days Inventory Chart

Time Watch Investments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 344.27 291.67 346.78 408.07 316.50

Time Watch Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 418.19 379.86 359.26 308.08 315.81

Competitive Comparison of Time Watch Investments's Days Inventory

For the Footwear & Accessories subindustry, Time Watch Investments'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.


Time Watch Investments's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Time Watch Investments's Days Inventory falls into.



Time Watch Investments Days Inventory Calculation

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

Time Watch Investments's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (228.632 + 187.384) / 2 ) / 239.881*365
=208.008 / 239.881*365
=316.50

Time Watch Investments'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
=( (229.57 + 187.384) / 2 ) / 123.499*365 / 2
=208.477 / 123.499*365 / 2
=308.08

* 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.


Time Watch Investments  (HKSE:02033) 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.

Time Watch Investments'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.

Time Watch Investments'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.


Time Watch Investments Days Inventory Related Terms

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


Time Watch Investments Business Description

Traded in Other Exchanges
N/A
Address
77 Wing Hong Street, 27th Floor, CEO Tower, Kowloon, Hong Kong, HKG
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator, and the Asia Pacific.
Executives
Tung Koon Ming 2305 Beneficiary of a trust
Tung Koon Ming Family (ptc) Limited 2301 Trustee
Red Glory Investments Limited
Tam Fun Hung
Webb David Michael 2101 Beneficial owner
Areo Holdings Limited 2201 Interest of corporation controlled by you
Oav Holdings, L.p. 2201 Interest of corporation controlled by you
Orchid Asia V Gp, Limited 2201 Interest of corporation controlled by you
Orchid Asia V Group Management, Limited 2201 Interest of corporation controlled by you
Orchid Asia V Group, Limited 2201 Interest of corporation controlled by you
Orchid Asia V, L.p. 2101 Beneficial owner
Lam Lai Ming 2201 Interest of corporation controlled by you
Li Gabriel 2201 Interest of corporation controlled by you

Time Watch Investments Headlines

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