Gemilang International (HKSE:06163) Days Inventory : 278.78 (As of Oct. 2023)

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What is Gemilang International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gemilang International's Average Total Inventories for the six months ended in Oct. 2023 was HK$108.0 Mil. Gemilang International's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$70.7 Mil. Hence, Gemilang International's Days Inventory for the six months ended in Oct. 2023 was 278.78.

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

HKSE:06163' s Days Inventory Range Over the Past 10 Years
Min: 98.72 Med: 130.59 Max: 421.64
Current: 421.64

During the past 11 years, Gemilang International's highest Days Inventory was 421.64. The lowest was 98.72. And the median was 130.59.

HKSE:06163's Days Inventory is ranked worse than
97.37% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs HKSE:06163: 421.64

Gemilang International's Days Inventory increased from Oct. 2022 (249.81) to Oct. 2023 (278.78). It might indicate that Gemilang International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gemilang International's Inventory Turnover for the six months ended in Oct. 2023 was 0.65.

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. Gemilang International's Inventory-to-Revenue for the six months ended in Oct. 2023 was 1.35.

Gemilang International Days Inventory Historical Data

The historical data trend for Gemilang International'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.

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Gemilang International Days Inventory Chart

Gemilang International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

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129.63

268.98

223.94

237.86

396.59

Gemilang International Semi-Annual Data
	Oct13	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															236.80	278.54	249.81	894.62	278.78

Competitive Comparison of Gemilang International's Days Inventory

For the Auto Parts subindustry, Gemilang International'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.

Gemilang International's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gemilang International's Days Inventory distribution charts can be found below:

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

Gemilang International Days Inventory Calculation

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

Gemilang International's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (111.828	+	93.574)	/	2 )	/	94.521	*	365
=	102.701					/	94.521	*	365
=	396.59

Gemilang International's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (122.43	+	93.574)	/	2 )	/	70.703	*	365 / 2
=	108.002					/	70.703	*	365 / 2
=	278.78

Gemilang International (HKSE:06163) 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.

Gemilang International's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70.703	/	108.002
	=	0.65

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.

Gemilang International's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.002	/	79.834
	=	1.35

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.

Gemilang International Days Inventory Related Terms

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

Gemilang International (HKSE:06163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gemilang International Ltd (HKSE:06163) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400

Website

https://www.gml.com.my

Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.

Executives

Low Poh Teng	2202 Interest of your spouse
Pang Chong Yong	2101 Beneficial owner
Kan Suk Ping	2101 Beneficial owner
Golden Castle Investments Limited	2101 Beneficial owner
Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you

Gemilang International (HKSE:06163) Headlines

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