Wah Sun Handbags International Holdings (HKSE:02683) Days Inventory: 31.66 (As of Mar. 2026) — 58% Below Median

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HKSE:02683 Wah Sun Handbags International Holdings Ltd HKSE:02683
66 GF Score
Price HK$1.12
GF Value HK$0.69
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Wah Sun Handbags International Holdings Days Inventory?

Wah Sun Handbags International Holdings HKSE:02683 +0.45% 66 Days Inventory is 31.66 as of Mar. 2026, which is 58% below its 10-year median of 75.42. GuruFocus rates HKSE:02683 with a GF Score™ of 66/100 and a GF Value™ of HK$0.69 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,008 Manufacturing - Apparel & Accessories companies, Wah Sun Handbags International Holdings ranks better than 91.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Wah Sun Handbags International Holdings's Average Total Inventories for the six months ended in Mar. 2026 was HK$55.7 Mil. Wah Sun Handbags International Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$321.1 Mil. Hence, Wah Sun Handbags International Holdings's Days Inventory for the six months ended in Mar. 2026 was 31.66.

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

HKSE:02683' s Days Inventory Range Over the Past 10 Years
Min: 27.14   Med: 75.42   Max: 130.42
Current: 32.43

During the past 12 years, Wah Sun Handbags International Holdings's highest Days Inventory was 130.42. The lowest was 27.14. And the median was 75.42.

HKSE:02683's Days Inventory is ranked better than
91.77% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.61 vs HKSE:02683: 32.43

Wah Sun Handbags International Holdings's Days Inventory declined from Mar. 2025 (39.16) to Mar. 2026 (31.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wah Sun Handbags International Holdings's Inventory Turnover for the six months ended in Mar. 2026 was 5.76.

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. Wah Sun Handbags International Holdings's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.13.


Wah Sun Handbags International Holdings  (HKSE:02683) 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.

Wah Sun Handbags International Holdings's Inventory Turnover for the six months ended in Mar. 2026 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.

Wah Sun Handbags International Holdings's Inventory to Revenue for the six months ended in Mar. 2026 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.


Wah Sun Handbags International Holdings Days Inventory Related Terms


Wah Sun Handbags International Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Wah Sun Handbags International 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.

Wah Sun Handbags International Holdings Days Inventory Chart

Wah Sun Handbags International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.25 130.42 73.25 41.88 34.33

Wah Sun Handbags International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.15 42.63 39.16 31.30 31.66

HKSE:02683 vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Wah Sun Handbags International 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.


Wah Sun Handbags International Holdings Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wah Sun Handbags International Holdings's Days Inventory falls into.


HKSE:02683
66GF Score
Wah Sun Handbags International Holdings Ltd HKSE:02683
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wah Sun Handbags International Holdings Days Inventory Calculation

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

Wah Sun Handbags International Holdings's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (61.686 + 60.476) / 2 ) / 649.422*365
=61.081 / 649.422*365
=34.33

Wah Sun Handbags International Holdings's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (50.937 + 60.476) / 2 ) / 321.088*365 / 2
=55.7065 / 321.088*365 / 2
=31.66

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 31.66 mean?
Wah Sun Handbags International Holdings (HKSE:02683) has a Days Inventory of 31.66 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Wah Sun Handbags International Holdings and its competitors. This is 58% below median its historical median of 75.42. Over the past decade, Wah Sun Handbags International Holdings' Days Inventory has ranged from 27.14 to 130.42. According to the industry distribution chart, Wah Sun Handbags International Holdings ranks #83 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.2%.
Is Wah Sun Handbags International Holdings' Days Inventory too high?
Wah Sun Handbags International Holdings' current Days Inventory of 31.66 is 58% below median its 10-year median of 75.42. Over the past 10 years, this metric has ranged from a low of 27.14 to a high of 130.42. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Wah Sun Handbags International Holdings' value of 31.66 is 76.1% below this industry median. Based on the distribution chart, Wah Sun Handbags International Holdings ranks #83 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Wah Sun Handbags International Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Sun Handbags International Holdings' Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wah Sun Handbags International Holdings ranks #83 out of 1008 companies for Days Inventory. This places Wah Sun Handbags International Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.61. Wah Sun Handbags International Holdings' value of 31.66 is 76.1% below this benchmark. Historically, Wah Sun Handbags International Holdings' own Days Inventory has ranged from 27.14 to 130.42 over the past decade. While the company's 10-year median is 75.42 vs. the industry median of 132.61, Wah Sun Handbags International Holdings has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,008 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. Wah Sun Handbags International Holdings's current Days Inventory of 31.66 is 76.1% below 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 Wah Sun Handbags International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wah Sun Handbags International Holdings's current Days Inventory is 31.66, which is 58% below median its own 10-year median of 75.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Sun Handbags International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wah Sun Handbags International Holdings (HKSE:02683) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.69, compared to a current price of HK$1.12 — trading 62.3% above its estimated fair value. The current Days Inventory is 31.66, which is 58% below median its 10-year median of 75.42 and 76.1% below the Manufacturing - Apparel & Accessories industry median of 132.61. Wah Sun Handbags International Holdings' overall GF Score™ is 66/100 with 1 warning sign 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 Wah Sun Handbags International Holdings (HKSE:02683), the current Days Inventory is 31.66 as of Mar. 2026. 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 Wah Sun Handbags International Holdings (HKSE:02683) Overvalued in 2026?

Based on GuruFocus' analysis, Wah Sun Handbags International Holdings stock appears to be overvalued. The current stock price of HK$1.12 is trading 62.3% above its estimated GF Value™ of HK$0.69. GuruFocus considers Wah Sun Handbags International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02683:

  • Days Inventory: 31.66 (58% below median its 10-year median of 75.42)
  • GF Value™: HK$0.69 vs. price of HK$1.12 (62.3% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 76.1% below the Manufacturing - Apparel & Accessories median (#83 of 1008)

No single metric tells the full story. See the HKSE:02683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wah Sun Handbags International Holdings Business Description

Address 30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of non-leather handbag products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Canada, the Netherlands, China, and Other countries. Its non-leather handbags are made of materials such as PU, PVC, and various types of textile materials, which are mainly mass-market and middle-end priced products.
66GF Score

Get the complete analysis for HKSE:02683

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.12
Price
HK$0.69
GF Value