GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Carote Ltd (HKSE:02549) » Definitions » Days Inventory

Carote (HKSE:02549) Days Inventory : 39.18 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Carote Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carote's Average Total Inventories for the six months ended in Dec. 2024 was HK$142 Mil. Carote's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,322 Mil. Hence, Carote's Days Inventory for the six months ended in Dec. 2024 was 19.59.

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

HKSE:02549' s Days Inventory Range Over the Past 10 Years
Min: 20.28   Med: 27.56   Max: 39.18
Current: 39.18

During the past 4 years, Carote's highest Days Inventory was 39.18. The lowest was 20.28. And the median was 27.56.

HKSE:02549's Days Inventory is ranked better than
92.38% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 100.52 vs HKSE:02549: 39.18

Carote's Days Inventory increased from Dec. 2022 (27.98) to Dec. 2024 (39.18). It might indicate that Carote's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carote's Inventory Turnover for the six months ended in Dec. 2024 was 9.31.

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. Carote's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.06.


Carote Days Inventory Historical Data

The historical data trend for Carote'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.

Carote Days Inventory Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Inventory
20.28 27.98 27.13 39.18

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Days Inventory 20.28 27.98 27.13 39.18

Competitive Comparison of Carote's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Carote'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.


Carote's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Days Inventory distribution charts can be found below:

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


;
;

Carote Days Inventory Calculation

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

Carote's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (118.437 + 165.328) / 2 ) / 1321.622*365
=141.8825 / 1321.622*365
=39.18

Carote's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (118.437 + 165.328) / 2 ) / 1321.622*365 / 2
=141.8825 / 1321.622*365 / 2
=19.59

* 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.


Carote  (HKSE:02549) 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.

Carote's Inventory Turnover for the six months ended in Dec. 2024 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.

Carote's Inventory to Revenue for the six months ended in Dec. 2024 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.


Carote Days Inventory Related Terms

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


Carote Business Description

Traded in Other Exchanges
N/A
Address
Shanshui Shidai Building, 21st Floor, Tower 2, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Carote Ltd is a brand for kitchenware products. Its products are built to emphasize Better for Use and Better for Value, aiming to provide its customers with practical, well-designed, and reasonably priced items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware products to consumers. From essential pots and pans to well-designed tableware and beverage containers, its offerings aim to meet the varied needs of different kitchen scenarios and enhance the culinary experience of its customers.
Executives
Guodong Capital Ltd 2201 Interest of corporation controlled by you
Zhang Guodong 2201 Interest of corporation controlled by you
Lyu Yili 2201 Interest of corporation controlled by you
Yili Capital Ltd 2201 Interest of corporation controlled by you
Yili Investment Holdings Ltd 2101 Beneficial owner

Carote Headlines

No Headlines