Plus Group Holdings (HKSE:02486) Days Inventory : 0.00 (As of Dec. 2023)

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What is Plus Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Plus Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. Plus Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$313.9 Mil. Hence, Plus Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

HKSE:02486's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.215
* Ranked among companies with meaningful Days Inventory only.

Plus Group Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Plus Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Plus Group Holdings Days Inventory Historical Data

The historical data trend for Plus Group 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.

* Premium members only.

Plus Group Holdings Days Inventory Chart

Plus Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

Plus Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Plus Group Holdings's Days Inventory

For the Advertising Agencies subindustry, Plus Group 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.

Plus Group Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plus Group Holdings's Days Inventory distribution charts can be found below:

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

Plus Group Holdings Days Inventory Calculation

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

Plus Group 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
=	( (0	+	0)	/	1 )	/	690.269	*	365
=	0					/	690.269	*	365
=	0.00

Plus Group 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
=	( (0	+	0)	/	1 )	/	313.911	*	365 / 2
=	0					/	313.911	*	365 / 2
=	0.00

Plus Group Holdings (HKSE:02486) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	313.911	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	332.371
	=	0.00

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.

Plus Group Holdings Days Inventory Related Terms

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

Plus Group Holdings (HKSE:02486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (HKSE:02486) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN

Website

https://www.plscn.com

Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.

Executives

Sun Guangjun	2201 Interest of corporation controlled by you
Tan Hui	2202 Interest of your spouse
Trident Trust Company (hk) Limited	2301 Trustee
Guangjun Holdings Limited	2101 Beneficial owner
Summit Plus International Holding Limited	2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited	2101 Beneficial owner
Junshu Holdings Limited	2201 Interest of corporation controlled by you
Xia Jingtang	2201 Interest of corporation controlled by you
Yan Xiaohang	2202 Interest of your spouse
Kuwei Holdings Limited	2101 Beneficial owner
Cmb Wing Lung (trustee) Limited	2301 Trustee
Plus Group 2023 Limited	2101 Beneficial owner
Hannah Xia Holdings Limited	2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited	2201 Interest of corporation controlled by you

Plus Group Holdings (HKSE:02486) Headlines

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