Days Inventory is also known as Days Sales of Inventory (DSI). Anacle Systems's Average Total Inventories for the
three
months ended in Nov. 2023 was HK$4.1 Mil. Anacle Systems's Cost of Goods Sold for the
three
months ended in Nov. 2023 was HK$16.6 Mil.
Hence, Anacle Systems's Days Inventory for the
three
months ended in Nov. 2023 was 22.50.
The historical rank and industry rank for Anacle Systems's Days Inventory or its related term are showing as below:
HKSE:08353'
s Days Inventory Range Over the Past 10 Years
Min: 21.68 Med: 27.18 Max: 47.06
Current: 21.68
During the past 9 years, Anacle Systems's highest Days Inventory was 47.06. The lowest was 21.68. And the median was 27.18.
HKSE:08353's Days Inventory is ranked worse than 52.2% of 1565
companies
in the Software industry
Industry Median: 19.61
vs HKSE:08353: 21.68
Anacle Systems's Days Inventory
declined
from Nov. 2022 (30.38) to Nov. 2023 (22.50).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Anacle Systems's Inventory Turnover for the
three
months ended in Nov. 2023 was 4.06.
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.
Anacle Systems's Inventory-to-Revenue for the
three
months ended in Nov. 2023 was 0.12.
Anacle Systems Days Inventory Historical Data
The historical data trend for Anacle Systems'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 Anacle Systems's Days Inventory
For the Software - Application subindustry, Anacle Systems'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.
Anacle Systems's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Anacle Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Anacle Systems's Days Inventory falls into.
Anacle Systems Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Anacle Systems's Days Inventory for the fiscal year that ended in May. 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.
Anacle Systems (HKSE:08353) 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.
Anacle Systems's Inventory Turnover for the
three
months ended in Nov. 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.
Anacle Systems's Inventory to Revenue for the
three
months ended in Nov. 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.
Anacle Systems Days Inventory Related Terms
Thank you for viewing the detailed overview of Anacle Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.
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