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Innovax Holdings (HKSE:02680) Days Inventory : 0.00 (As of Aug. 2024)


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What is Innovax Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Innovax Holdings's Average Total Inventories for the six months ended in Aug. 2024 was HK$0.0 Mil. Innovax Holdings's Cost of Goods Sold for the six months ended in Aug. 2024 was HK$9.1 Mil. Hence, Innovax Holdings's Days Inventory for the six months ended in Aug. 2024 was 0.00.

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

HKSE:02680's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 66.88
* Ranked among companies with meaningful Days Inventory only.

Innovax Holdings's Days Inventory stayed the same from Aug. 2023 (0.00) to Aug. 2024 (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. Innovax Holdings's Inventory-to-Revenue for the six months ended in Aug. 2024 was 0.00.


Innovax Holdings Days Inventory Historical Data

The historical data trend for Innovax 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.

Innovax Holdings Days Inventory Chart

Innovax Holdings Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
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Innovax Holdings Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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Competitive Comparison of Innovax Holdings's Days Inventory

For the Capital Markets subindustry, Innovax 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.


Innovax Holdings's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Innovax Holdings's Days Inventory distribution charts can be found below:

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


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Innovax Holdings Days Inventory Calculation

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

Innovax Holdings's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 23.97*365
=0 / 23.97*365
=0.00

Innovax Holdings's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 9.064*365 / 2
=0 / 9.064*365 / 2
=0.00

* 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.


Innovax Holdings  (HKSE:02680) 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.

Innovax Holdings's Inventory Turnover for the six months ended in Aug. 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.

Innovax Holdings's Inventory to Revenue for the six months ended in Aug. 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.


Innovax Holdings Days Inventory Related Terms

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


Innovax Holdings Business Description

Traded in Other Exchanges
N/A
Address
128 Gloucester Road, Unit A-C, 20/F, Neich Tower, Wanchai, Hong Kong, HKG
Innovax Holdings Ltd is a financial and securities service provider in Hong Kong. The services offered by the group include corporate finance advisory services; placing and underwriting services; securities dealing and brokerage services; securities financing services; asset management services and money lending services. The services are offered to retail and corporate clients.
Executives
Chung Chi Man 2101 Beneficial owner
Billion Shine International Investment Limited 2101 Beneficial owner
Lee Yin Har 2202 Interest of your spouse

Innovax Holdings Headlines

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