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PPS International (Holdings) (HKSE:08201) Days Inventory : 0.34 (As of Dec. 2023)


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What is PPS International (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PPS International (Holdings)'s Average Total Inventories for the three months ended in Dec. 2023 was HK$0.4 Mil. PPS International (Holdings)'s Cost of Goods Sold for the three months ended in Dec. 2023 was HK$116.4 Mil. Hence, PPS International (Holdings)'s Days Inventory for the three months ended in Dec. 2023 was 0.34.

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

HKSE:08201' s Days Inventory Range Over the Past 10 Years
Min: 0.1   Med: 0.38   Max: 0.76
Current: 0.37

During the past 12 years, PPS International (Holdings)'s highest Days Inventory was 0.76. The lowest was 0.10. And the median was 0.38.

HKSE:08201's Days Inventory is ranked better than
97.62% of 210 companies
in the Waste Management industry
Industry Median: 22.63 vs HKSE:08201: 0.37

PPS International (Holdings)'s Days Inventory declined from Dec. 2022 (0.36) to Dec. 2023 (0.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. PPS International (Holdings)'s Inventory Turnover for the three months ended in Dec. 2023 was 271.98.

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. PPS International (Holdings)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


PPS International (Holdings) Days Inventory Historical Data

The historical data trend for PPS 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.

* Premium members only.

PPS International (Holdings) Days Inventory Chart

PPS International (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.47 0.38 0.42

PPS International (Holdings) 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 0.36 0.34 0.45 0.40 0.34

Competitive Comparison of PPS International (Holdings)'s Days Inventory

For the Waste Management subindustry, PPS 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.


PPS International (Holdings)'s Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PPS International (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where PPS International (Holdings)'s Days Inventory falls into.



PPS International (Holdings) Days Inventory Calculation

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

PPS International (Holdings)'s Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.37 + 0.464) / 2 ) / 365.339*365
=0.417 / 365.339*365
=0.42

PPS International (Holdings)'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 + 0.428) / 1 ) / 116.409*365 / 4
=0.428 / 116.409*365 / 4
=0.34

* 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.


PPS International (Holdings)  (HKSE:08201) 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.

PPS International (Holdings)'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.

PPS International (Holdings)'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.


PPS International (Holdings) Days Inventory Related Terms

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


PPS International (Holdings) (HKSE:08201) Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Wai Yip Street, Tower A, Capital Tower, Office A, 12th Floor, Kowloon Bay, Kowloon, Hong Kong, HKG
PPS International (Holdings) Ltd is an investment holding company. The company's operating segment include Environmental and cleaning; Money lending and Investments. It generates maximum revenue from the Environmental and cleaning segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC.
Executives
Yu Shaoheng 2101 Beneficial owner
Wui Wo Enterprise Limited 2101 Beneficial owner
Mui Fong 2202 Interest of your spouse
Yu Weiye 2201 Interest of corporation controlled by you

PPS International (Holdings) (HKSE:08201) Headlines

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