Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HKSE:02528's Days Inventory is ranked worse than 73.03% of 1094
companies
in the Retail - Cyclical industry
Industry Median: 103.7
vs HKSE:02528: 180.93
Inventory Turnover measures how fast the company turns over its inventory within a year.
Forward Fashion (International) Holdings Co's Inventory Turnover for the
six
months ended in Dec. 2025 was 1.10.
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.
Forward Fashion (International) Holdings Co's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.50.
Forward Fashion (International) Holdings Co (HKSE:02528) 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.
Forward Fashion (International) Holdings Co's Inventory Turnover for the
six
months ended in Dec. 2025 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.
Forward Fashion (International) Holdings Co's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
Forward Fashion (International) Holdings Co Days Inventory Related Terms
Forward Fashion (International) Holdings Co Days Inventory Historical Data
* 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.
Forward Fashion (International) Holdings Co Days Inventory Chart
Forward Fashion (International) Holdings Co Annual Data
HKSE:02528 vs TJX, ROST, BURL: Days Inventory Comparison
For the Apparel Retail subindustry, Forward Fashion (International) Holdings 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.
Forward Fashion (International) Holdings Co Days Inventory vs Retail - Cyclical Industry
* 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.
Forward Fashion (International) Holdings Co (HKSE:02528) has a Days Inventory of 166.19 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forward Fashion (International) Holdings Co and its competitors. This is 15% below median its historical median of 194.87. Over the past decade, Forward Fashion (International) Holdings Co's Days Inventory has ranged from 176.46 to 254.77. According to the industry distribution chart, Forward Fashion (International) Holdings Co ranks #799 out of 1094 companies in the Retail - Cyclical industry, placing it in the top 73%.
Is Forward Fashion (International) Holdings Co's Days Inventory too high?
Forward Fashion (International) Holdings Co's current Days Inventory of 166.19 is 15% below median its 10-year median of 194.87. Over the past 10 years, this metric has ranged from a low of 176.46 to a high of 254.77. The Retail - Cyclical industry median Days Inventory is 103.70. Forward Fashion (International) Holdings Co's value of 166.19 is 60.3% above this industry median. Based on the distribution chart, Forward Fashion (International) Holdings Co ranks #799 out of 1094 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Forward Fashion (International) Holdings Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Fashion (International) Holdings Co's Days Inventory compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Forward Fashion (International) Holdings Co ranks #799 out of 1094 companies for Days Inventory. This places Forward Fashion (International) Holdings Co in the lower half of its industry. The industry median Days Inventory is 103.70. Forward Fashion (International) Holdings Co's value of 166.19 is 60.3% above this benchmark. Historically, Forward Fashion (International) Holdings Co's own Days Inventory has ranged from 176.46 to 254.77 over the past decade. While the company's 10-year median is 194.87 vs. the industry median of 103.70, Forward Fashion (International) Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 103.70, based on 1,094 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forward Fashion (International) Holdings Co's current Days Inventory of 166.19 is 60.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forward Fashion (International) Holdings Co and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 103.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Fashion (International) Holdings Co's current Days Inventory is 166.19, which is 15% below median its own 10-year median of 194.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Fashion (International) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co (HKSE:02528) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.92 — trading 283.3% above its estimated fair value. The current Days Inventory is 166.19, which is 15% below median its 10-year median of 194.87 and 60.3% above the Retail - Cyclical industry median of 103.70. Forward Fashion (International) Holdings Co's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Forward Fashion (International) Holdings Co (HKSE:02528), the current Days Inventory is 166.19 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forward Fashion (International) Holdings Co (HKSE:02528) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co stock appears to be overvalued.
The current stock price of HK$0.92 is trading 283.3% above its estimated GF Value™ of HK$0.24.
GuruFocus considers Forward Fashion (International) Holdings Co to be Significantly Overvalued.
Key valuation signals for HKSE:02528:
Days Inventory: 166.19 (15% below median its 10-year median of 194.87)
GF Value™: HK$0.24 vs. price of HK$0.92 (283.3% above fair value)
Industry Position: 60.3% above the Retail - Cyclical median (#799 of 1094)
No single metric tells the full story. See the HKSE:02528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Fashion (International) Holdings Co Ltd is engaged in the retail and wholesale of fashion apparel of international brands through its multi-brand and multi-store business model in the Chinese Mainland, Macau, and Hong Kong. The group also provides store management services for fashion brands and catering services in Macau. Its portfolio includes brands such as BLACK BARRETT, Calvin Klein, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger, Under Armour, and others. It operates across three geographical segments: the Chinese Mainland, Macau, and Hong Kong and others, with Macau contributing the majority of the Group's revenue.
46GF Score
Get the complete analysis for HKSE:02528
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02528 has been successfully added to your 
