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Palasino Holdings (HKSE:02536) Days Inventory : 0.00 (As of Sep. 2023)


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What is Palasino Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Palasino Holdings's Average Total Inventories for the three months ended in Sep. 2023 was HK$2.2 Mil. Palasino Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$0.0 Mil.

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

During the past 3 years, Palasino Holdings's highest Days Inventory was 2.87. The lowest was 1.93. And the median was 2.10.

HKSE:02536's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 35.8
* Ranked among companies with meaningful Days Inventory only.

Palasino Holdings's Days Inventory stayed the same from Mar. 2021 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Palasino Holdings's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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.

Palasino Holdings Days Inventory Historical Data

The historical data trend for Palasino 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.

Palasino Holdings Days Inventory Chart

Palasino Holdings Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
2.87 2.10 1.93

Palasino Holdings Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Days Inventory - - - - -

Competitive Comparison of Palasino Holdings's Days Inventory

For the Resorts & Casinos subindustry, Palasino 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.

Palasino Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Days Inventory distribution charts can be found below:

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


Palasino Holdings Days Inventory Calculation

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

Palasino 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
=( (1.805 + 2.277) / 2 ) / 385.33*365
=2.041 / 385.33*365
=1.93

Palasino 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
=( (2.277 + 2.067) / 2 ) / 0*365 / 4
=2.172 / 0*365 / 4
=N/A

* 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.

Palasino Holdings  (HKSE:02536) 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.

Palasino Holdings's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 2.172
=0.00

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.

Palasino Holdings's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.172 / 0
=

* 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.

Palasino Holdings Days Inventory Related Terms

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

Palasino Holdings (HKSE:02536) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palasino Holdings Ltd (HKSE:02536) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
121 Des Voeux Road Central, 16 floor, Far East Consortium Building, Hong Kong, HKG
Website
https://www.palasinoholdings.com
Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising (i) one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering primarily slot machines and table games, and (ii) three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations - operation of casinos and Hotel and catering operations - operation of hotel, catering, and related services. Key revenue is generated from Gaming operations - operation of casinos.
Executives
Chiu David 2201 Interest of corporation controlled by you
Chiu Ng Nancy 2202 Interest of your spouse
Far East Organization (international) Limited 2201 Interest of corporation controlled by you
Sumptuous Assets Limited 2201 Interest of corporation controlled by you
Ample Bonus Limited 2101 Beneficial owner
Far East Consortium International Limited 2201 Interest of corporation controlled by you
Blossom Industrial Investment Limited 2201 Interest of corporation controlled by you
Blossom International Investment Holdings Limited 2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited 2201 Interest of corporation controlled by you
Yang Fang 2201 Interest of corporation controlled by you

Palasino Holdings (HKSE:02536) Headlines

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