Days Inventory is also known as Days Sales of Inventory (DSI). WLS Holdings's Average Total Inventories for the
three
months ended in Oct. 2023 was HK$0.5 Mil. WLS Holdings's Cost of Goods Sold for the
three
months ended in Oct. 2023 was HK$8.5 Mil.
Hence, WLS Holdings's Days Inventory for the
three
months ended in Oct. 2023 was 5.66.
The historical rank and industry rank for WLS Holdings's Days Inventory or its related term are showing as below:
HKSE:08021'
s Days Inventory Range Over the Past 10 Years
Min: 0.86 Med: 1.75 Max: 4.07
Current: 4.07
During the past 13 years, WLS Holdings's highest Days Inventory was 4.07. The lowest was 0.86. And the median was 1.75.
HKSE:08021's Days Inventory is ranked better than 87.99% of 1391
companies
in the Construction industry
Industry Median: 48.75
vs HKSE:08021: 4.07
WLS Holdings's Days Inventory
increased
from Oct. 2022 (2.60) to Oct. 2023 (5.66).
It might indicate that WLS Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
WLS Holdings's Inventory Turnover for the
three
months ended in Oct. 2023 was 16.12.
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.
WLS Holdings's Inventory-to-Revenue for the
three
months ended in Oct. 2023 was 0.03.
WLS Holdings Days Inventory Historical Data
The historical data trend for WLS 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.
Competitive Comparison of WLS Holdings's Days Inventory
For the Engineering & Construction subindustry, WLS 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.
WLS Holdings's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, WLS Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where WLS Holdings's Days Inventory falls into.
WLS Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WLS Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 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.
WLS Holdings (HKSE:08021) 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.
WLS Holdings's Inventory Turnover for the
three
months ended in Oct. 2023 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.
WLS Holdings's Inventory to Revenue for the
three
months ended in Oct. 2023 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.
WLS Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of WLS Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
WLS Holdings Ltd is a Hong Kong-based company engaged in providing construction services. It operates through the segments of Scaffolding, fitting out, and other auxiliary services for construction and building work, Money lending business, and Securities investment business. The group generates a majority of the revenue from the Scaffolding services segment Geographically, the company carries its business operations in Hong Kong.
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