Days Inventory is also known as Days Sales of Inventory (DSI). Vesync Co's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$645 Mil. Vesync Co's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$1,244 Mil.
Hence, Vesync Co's Days Inventory for the
six
months ended in Dec. 2023 was 94.58.
The historical rank and industry rank for Vesync Co's Days Inventory or its related term are showing as below:
HKSE:02148'
s Days Inventory Range Over the Past 10 Years
Min: 97.16 Med: 119.9 Max: 158.75
Current: 109.11
During the past 7 years, Vesync Co's highest Days Inventory was 158.75. The lowest was 97.16. And the median was 119.90.
HKSE:02148's Days Inventory is ranked better than 50.42% of 1069
companies
in the Retail - Cyclical industry
Industry Median: 110.7
vs HKSE:02148: 109.11
Vesync Co's Days Inventory
declined
from Dec. 2022 (103.29) to Dec. 2023 (94.58).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vesync Co's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.93.
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.
Vesync Co's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.27.
Vesync Co Days Inventory Historical Data
The historical data trend for Vesync Co'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.
Competitive Comparison of Vesync Co's Days Inventory
For the Internet Retail subindustry, Vesync Co'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.
Vesync Co's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vesync Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vesync Co's Days Inventory falls into.
Vesync Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vesync Co's Days Inventory for the fiscal year that ended in Dec. 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.
Vesync Co (HKSE:02148) 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.
Vesync Co's Inventory Turnover for the
six
months ended in Dec. 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.
Vesync Co's Inventory to Revenue for the
six
months ended in Dec. 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.
Vesync Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Vesync Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vesync focuses on the online marketing and sale of self-designed and self-developed small home appliances and smart home devices. In 2022, more than 80% of sales were generated through Amazon. The company owns three core brands: Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products, and personal-care products, and Cosori for kitchen and dining appliances.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02148 has been successfully added to your 