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EFT Solutions Holdings (HKSE:08062) Days Inventory : 48.91 (As of Sep. 2023)


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What is EFT Solutions Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EFT Solutions Holdings's Average Total Inventories for the three months ended in Sep. 2023 was HK$8.4 Mil. EFT Solutions Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$15.6 Mil. Hence, EFT Solutions Holdings's Days Inventory for the three months ended in Sep. 2023 was 48.91.

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

HKSE:08062' s Days Inventory Range Over the Past 10 Years
Min: 4.11   Med: 29.34   Max: 58.62
Current: 58.62

During the past 9 years, EFT Solutions Holdings's highest Days Inventory was 58.62. The lowest was 4.11. And the median was 29.34.

HKSE:08062's Days Inventory is ranked worse than
70.28% of 1561 companies
in the Software industry
Industry Median: 19.53 vs HKSE:08062: 58.62

EFT Solutions Holdings's Days Inventory declined from Sep. 2022 (94.81) to Sep. 2023 (48.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. EFT Solutions Holdings's Inventory Turnover for the three months ended in Sep. 2023 was 1.87.

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. EFT Solutions Holdings's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.29.


EFT Solutions Holdings Days Inventory Historical Data

The historical data trend for EFT Solutions 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.

EFT Solutions Holdings Days Inventory Chart

EFT Solutions Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 28.01 41.21 43.42 55.15 54.41

EFT Solutions Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 94.81 86.58 29.60 40.00 48.91

Competitive Comparison of EFT Solutions Holdings's Days Inventory

For the Software - Infrastructure subindustry, EFT Solutions 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.


EFT Solutions Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, EFT Solutions Holdings's Days Inventory distribution charts can be found below:

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



EFT Solutions Holdings Days Inventory Calculation

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

EFT Solutions Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (13.728 + 5.512) / 2 ) / 64.54*365
=9.62 / 64.54*365
=54.41

EFT Solutions Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 8.355) / 1 ) / 15.587*365 / 4
=8.355 / 15.587*365 / 4
=48.91

* 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.


EFT Solutions Holdings  (HKSE:08062) 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.

EFT Solutions Holdings's Inventory Turnover for the three months ended in Sep. 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.

EFT Solutions Holdings's Inventory to Revenue for the three months ended in Sep. 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.


EFT Solutions Holdings Days Inventory Related Terms

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


EFT Solutions Holdings (HKSE:08062) Business Description

Traded in Other Exchanges
N/A
Address
28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.
Executives
Lam Ching Man 2202 Interest of your spouse
Lo Chun Kit Andrew 2101 Beneficial owner
Lck Group Limited 2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

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