GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Atlinks Group Ltd (HKSE:08043) » Definitions » Days Inventory

Atlinks Group (HKSE:08043) Days Inventory : 146.26 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Atlinks Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlinks Group's Average Total Inventories for the three months ended in Dec. 2023 was HK$72.3 Mil. Atlinks Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$45.1 Mil. Hence, Atlinks Group's Days Inventory for the three months ended in Dec. 2023 was 146.26.

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

HKSE:08043' s Days Inventory Range Over the Past 10 Years
Min: 65.57   Med: 115   Max: 162.91
Current: 162.91

During the past 9 years, Atlinks Group's highest Days Inventory was 162.91. The lowest was 65.57. And the median was 115.00.

HKSE:08043's Days Inventory is ranked worse than
72.27% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs HKSE:08043: 162.91

Atlinks Group's Days Inventory increased from Dec. 2022 (137.85) to Dec. 2023 (146.26). It might indicate that Atlinks Group'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. Atlinks Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. Atlinks Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.16.


Atlinks Group Days Inventory Historical Data

The historical data trend for Atlinks Group'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.

Atlinks Group Days Inventory Chart

Atlinks Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 120.70 122.29 115.00 137.12 157.44

Atlinks Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 137.85 149.00 163.14 213.92 146.26

Competitive Comparison of Atlinks Group's Days Inventory

For the Communication Equipment subindustry, Atlinks Group'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.


Atlinks Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Atlinks Group's Days Inventory distribution charts can be found below:

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



Atlinks Group Days Inventory Calculation

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

Atlinks Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (76.922 + 72.324) / 2 ) / 172.999*365
=74.623 / 172.999*365
=157.44

Atlinks Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 72.324) / 1 ) / 45.122*365 / 4
=72.324 / 45.122*365 / 4
=146.26

* 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.


Atlinks Group  (HKSE:08043) 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.

Atlinks Group's Inventory Turnover for the three months ended in Dec. 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.

Atlinks Group's Inventory to Revenue for the three months ended in Dec. 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.


Atlinks Group Days Inventory Related Terms

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


Atlinks Group (HKSE:08043) Business Description

Traded in Other Exchanges
N/A
Address
19 Lam Lok Street, Kowloon Bay, Unit 1818, 18/Floor, Nan Fung Commercial Centre,, Hong Kong, HKG
Atlinks Group Ltd is a home and office telecommunications product designing company. It sells its products through telecom operators, consumer retail chain stores, and distributors located mainly in Europe and Latin America. The company derives revenues principally from designing, developing, and selling home and office telecommunications products under the trademarks bearing the word Alcatel. Atlinks Group Ltd generates most of its geographical revenue from France.
Executives
Talent Ocean Holdings Limited 2201 Interest of corporation controlled by you
Ng Ching Yi Doris 2202 Interest of your spouse
Tong Chi Hoi 2201 Interest of corporation controlled by you
Chu Lam Fong 2201 Interest of corporation controlled by you
Eiffel Global Limited 2101 Beneficial owner
Long Hak Kan 2202 Interest of your spouse

Atlinks Group (HKSE:08043) Headlines

No Headlines