Weili Holdings (HKSE:02372) Days Inventory : 103.00 (As of Dec. 2023)

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What is Weili Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Weili Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$70.9 Mil. Weili Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$125.7 Mil. Hence, Weili Holdings's Days Inventory for the six months ended in Dec. 2023 was 103.00.

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

HKSE:02372' s Days Inventory Range Over the Past 10 Years
Min: 54.62 Med: 60.13 Max: 130.97
Current: 130.97

During the past 5 years, Weili Holdings's highest Days Inventory was 130.97. The lowest was 54.62. And the median was 60.13.

HKSE:02372's Days Inventory is ranked worse than
50.98% of 51 companies
in the Tobacco Products industry
Industry Median: 130.97 vs HKSE:02372: 130.97

Weili Holdings's Days Inventory declined from Dec. 2022 (114.60) to Dec. 2023 (103.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weili Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.77.

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. Weili Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.

Weili Holdings Days Inventory Historical Data

The historical data trend for Weili 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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Weili Holdings Days Inventory Chart

Weili Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

60.13

55.61

54.62

88.37

120.66

Weili Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			69.59	54.90	114.60	201.27	103.00

Competitive Comparison of Weili Holdings's Days Inventory

For the Tobacco subindustry, Weili 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.

Weili Holdings's Days Inventory Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Weili Holdings's Days Inventory distribution charts can be found below:

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

Weili Holdings Days Inventory Calculation

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

Weili Holdings'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
=	( (62.221	+	63.139)	/	2 )	/	189.604	*	365
=	62.68					/	189.604	*	365
=	120.66

Weili Holdings'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
=	( (78.741	+	63.139)	/	2 )	/	125.695	*	365 / 2
=	70.94					/	125.695	*	365 / 2
=	103.00

Weili Holdings (HKSE:02372) 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.

Weili Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	125.695	/	70.94
	=	1.77

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.

Weili Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	70.94	/	139.252
	=	0.51

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.

Weili Holdings Days Inventory Related Terms

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

Weili Holdings (HKSE:02372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Weili Holdings Ltd (HKSE:02372) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN

Website

http://www.weiliholdings.com

Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for well-known tobacco brands in China.

Weili Holdings (HKSE:02372) Headlines

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