CM Hi-Tech Cleanroom (HKSE:02115) Days Inventory : 58.32 (As of Dec. 2023)

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What is CM Hi-Tech Cleanroom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CM Hi-Tech Cleanroom's Average Total Inventories for the six months ended in Dec. 2023 was HK$52.8 Mil. CM Hi-Tech Cleanroom's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$165.2 Mil. Hence, CM Hi-Tech Cleanroom's Days Inventory for the six months ended in Dec. 2023 was 58.32.

The historical rank and industry rank for CM Hi-Tech Cleanroom's Days Inventory or its related term are showing as below:

HKSE:02115' s Days Inventory Range Over the Past 10 Years
Min: 31.43 Med: 44.03 Max: 68.85
Current: 68.85

During the past 7 years, CM Hi-Tech Cleanroom's highest Days Inventory was 68.85. The lowest was 31.43. And the median was 44.03.

HKSE:02115's Days Inventory is ranked worse than
58.55% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs HKSE:02115: 68.85

CM Hi-Tech Cleanroom's Days Inventory increased from Dec. 2022 (55.20) to Dec. 2023 (58.32). It might indicate that CM Hi-Tech Cleanroom's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CM Hi-Tech Cleanroom's Inventory Turnover for the six months ended in Dec. 2023 was 3.13.

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. CM Hi-Tech Cleanroom's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

CM Hi-Tech Cleanroom Days Inventory Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom Days Inventory Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

31.43

41.30

55.18

44.03

66.77

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						48.32	37.34	55.20	88.77	58.32

Competitive Comparison of CM Hi-Tech Cleanroom's Days Inventory

For the Building Products & Equipment subindustry, CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, CM Hi-Tech Cleanroom's Days Inventory distribution charts can be found below:

* The bar in red indicates where CM Hi-Tech Cleanroom's Days Inventory falls into.

CM Hi-Tech Cleanroom Days Inventory Calculation

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

CM Hi-Tech Cleanroom'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
=	( (45.209	+	52.288)	/	2 )	/	266.477	*	365
=	48.7485					/	266.477	*	365
=	66.77

CM Hi-Tech Cleanroom'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
=	( (53.303	+	52.288)	/	2 )	/	165.213	*	365 / 2
=	52.7955					/	165.213	*	365 / 2
=	58.32

CM Hi-Tech Cleanroom (HKSE:02115) 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.

CM Hi-Tech Cleanroom's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	165.213	/	52.7955
	=	3.13

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.

CM Hi-Tech Cleanroom's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.7955	/	232.333
	=	0.23

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.

CM Hi-Tech Cleanroom Days Inventory Related Terms

Thank you for viewing the detailed overview of CM Hi-Tech Cleanroom's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CM Hi-Tech Cleanroom Ltd (HKSE:02115) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

CM Hi-Tech Cleanroom (HKSE:02115) Headlines

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