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Kaisun Holdings (HKSE:08203) Days Inventory : 7.27 (As of Dec. 2023)


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What is Kaisun Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaisun Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$3.8 Mil. Kaisun Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$47.5 Mil. Hence, Kaisun Holdings's Days Inventory for the three months ended in Dec. 2023 was 7.27.

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

HKSE:08203' s Days Inventory Range Over the Past 10 Years
Min: 6.39   Med: 17.94   Max: 97.44
Current: 8.66

During the past 13 years, Kaisun Holdings's highest Days Inventory was 97.44. The lowest was 6.39. And the median was 17.94.

HKSE:08203's Days Inventory is ranked better than
92.17% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs HKSE:08203: 8.66

Kaisun Holdings's Days Inventory increased from Dec. 2022 (6.94) to Dec. 2023 (7.27). It might indicate that Kaisun Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaisun Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 12.56.

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. Kaisun Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.


Kaisun Holdings Days Inventory Historical Data

The historical data trend for Kaisun 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.

Kaisun Holdings Days Inventory Chart

Kaisun Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 97.44 18.80 8.80 6.39

Kaisun 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 6.94 3.49 14.25 38.38 7.27

Competitive Comparison of Kaisun Holdings's Days Inventory

For the Thermal Coal subindustry, Kaisun 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.


Kaisun Holdings's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kaisun Holdings's Days Inventory distribution charts can be found below:

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



Kaisun Holdings Days Inventory Calculation

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

Kaisun Holdings'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
=( (3.908 + 3.783) / 2 ) / 219.637*365
=3.8455 / 219.637*365
=6.39

Kaisun 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 + 3.783) / 1 ) / 47.506*365 / 4
=3.783 / 47.506*365 / 4
=7.27

* 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.


Kaisun Holdings  (HKSE:08203) 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.

Kaisun 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.

Kaisun 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.


Kaisun Holdings Days Inventory Related Terms

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


Kaisun Holdings (HKSE:08203) Business Description

Traded in Other Exchanges
N/A
Address
18–20 Lyndhurst Terrace, Room 1304, 13rd Floor, Car Po Commercial Building, Hong Kong, HKG
Kaisun Holdings Ltd is an investment holding company. It operates in three segments namely, the Coal Mining business segment; Consulting and Media Service business segment; and the Corporate and Investment business segment. It derives revenue from the Coal Mining segment. Geographically, the company operates in four markets; Hong Kong, the People's Republic of China excluding Hong Kong, Vietnam, and Others. It derives a majority of its revenue from the People's Republic of China.
Executives
Zhang Xiongfeng 2101 Beneficial owner
Wu Mingqin 2202 Interest of your spouse
Chan Nap Kee, Joseph 2101 Beneficial owner
Yeung Po Yee, Bonita 2202 Interest of your spouse

Kaisun Holdings (HKSE:08203) Headlines

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