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Watts International Maritime Co (HKSE:02258) Days Inventory : 4.76 (As of Dec. 2023)


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What is Watts International Maritime Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Watts International Maritime Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$29 Mil. Watts International Maritime Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,096 Mil. Hence, Watts International Maritime Co's Days Inventory for the six months ended in Dec. 2023 was 4.76.

The historical rank and industry rank for Watts International Maritime Co's Days Inventory or its related term are showing as below:

HKSE:02258' s Days Inventory Range Over the Past 10 Years
Min: 0.15   Med: 3.15   Max: 11.16
Current: 3.98

During the past 9 years, Watts International Maritime Co's highest Days Inventory was 11.16. The lowest was 0.15. And the median was 3.15.

HKSE:02258's Days Inventory is ranked better than
88.29% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs HKSE:02258: 3.98

Watts International Maritime Co's Days Inventory declined from Dec. 2022 (5.81) to Dec. 2023 (4.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Watts International Maritime Co's Inventory Turnover for the six months ended in Dec. 2023 was 38.37.

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. Watts International Maritime Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Watts International Maritime Co Days Inventory Historical Data

The historical data trend for Watts International Maritime 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.

* Premium members only.

Watts International Maritime Co Days Inventory Chart

Watts International Maritime Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 6.19 11.16 9.71 5.64 2.16

Watts International Maritime Co Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.54 8.85 5.81 5.03 4.76

Competitive Comparison of Watts International Maritime Co's Days Inventory

For the Infrastructure Operations subindustry, Watts International Maritime 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.


Watts International Maritime Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Watts International Maritime Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Watts International Maritime Co's Days Inventory falls into.



Watts International Maritime Co Days Inventory Calculation

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

Watts International Maritime Co'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
=( (13.393 + 12.121) / 2 ) / 2154.868*365
=12.757 / 2154.868*365
=2.16

Watts International Maritime Co'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
=( (45.013 + 12.121) / 2 ) / 1096.194*365 / 2
=28.567 / 1096.194*365 / 2
=4.76

* 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.


Watts International Maritime Co  (HKSE:02258) 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.

Watts International Maritime 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.

Watts International Maritime 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.


Watts International Maritime Co Days Inventory Related Terms

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


Watts International Maritime Co (HKSE:02258) Business Description

Traded in Other Exchanges
N/A
Address
2816 Yixian Road, 5th Floor, Tower 17, Baoshan District, Shanghai, CHN
Watts International Maritime Co Ltd is an investment holding company. It is engaged in the port, waterway, and marine engineering work that includes the construction and installation of structures and facilities in river and sea areas. Its business operations comprise Marine construction and Municipal public construction. The company generates maximum revenue from the Municipal public construction segment.
Executives
Wang Likai 2103 Interests held jointly with another person
Wang Shiqin 2103 Interests held jointly with another person
Wang Shizhong 2201 Interest of corporation controlled by you
Wang Xiuchun 2103 Interests held jointly with another person
Ye Kangshun 2201 Interest of corporation controlled by you
Zhou Meng 2103 Interests held jointly with another person
Huazi Holding Limited 2101 Beneficial owner
Hz&bt Development Holding Limited 2101 Beneficial owner
Ye Wang Zhou Holding Limited 2101 Beneficial owner

Watts International Maritime Co (HKSE:02258) Headlines

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