Man King Holdings (HKSE:02193) Days Inventory : 8.34 (As of Sep. 2023)

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What is Man King Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Man King Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$7.9 Mil. Man King Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$173.1 Mil. Hence, Man King Holdings's Days Inventory for the six months ended in Sep. 2023 was 8.34.

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

HKSE:02193' s Days Inventory Range Over the Past 10 Years
Min: 5.78 Med: 7.82 Max: 18.15
Current: 9.8

During the past 10 years, Man King Holdings's highest Days Inventory was 18.15. The lowest was 5.78. And the median was 7.82.

HKSE:02193's Days Inventory is ranked better than
77.53% of 1393 companies
in the Construction industry
Industry Median: 48.55 vs HKSE:02193: 9.80

Man King Holdings's Days Inventory declined from Sep. 2022 (10.80) to Sep. 2023 (8.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Man King Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 21.89.

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. Man King Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.

Man King Holdings Days Inventory Historical Data

The historical data trend for Man King 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.

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Man King Holdings Days Inventory Chart

Man King Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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18.15

10.69

5.78

6.28

7.82

Man King Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															5.44	6.49	10.80	10.02	8.34

Competitive Comparison of Man King Holdings's Days Inventory

For the Engineering & Construction subindustry, Man King 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.

Man King Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man King Holdings's Days Inventory distribution charts can be found below:

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

Man King Holdings Days Inventory Calculation

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

Man King Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (8.914	+	7.51)	/	2 )	/	383.16	*	365
=	8.212					/	383.16	*	365
=	7.82

Man King Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (7.51	+	8.303)	/	2 )	/	173.066	*	365 / 2
=	7.9065					/	173.066	*	365 / 2
=	8.34

Man King Holdings (HKSE:02193) 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.

Man King Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	173.066	/	7.9065
	=	21.89

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.

Man King Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.9065	/	178.663
	=	0.04

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.

Man King Holdings Days Inventory Related Terms

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

Man King Holdings (HKSE:02193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man King Holdings Ltd (HKSE:02193) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Tong Mi Road, Skyline Tower, Unit D, 10th Floor, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.manking.com.hk

Man King Holdings Ltd is an investment holding company principally engaged in the provision of civil engineering services. It derives prime revenue from civil engineering works. The engineering works undertaken are mainly related to roads and drainage; site formation and port works. The group has a business presence in Hong Kong and Mainland China, of which a majority of revenue is derived from Hong Kong.

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