Days Inventory is also known as Days Sales of Inventory (DSI). ISP Global's Average Total Inventories for the
three
months ended in Dec. 2023 was HK$77.1 Mil. ISP Global's Cost of Goods Sold for the
three
months ended in Dec. 2023 was HK$37.2 Mil.
Hence, ISP Global's Days Inventory for the
three
months ended in Dec. 2023 was 189.13.
The historical rank and industry rank for ISP Global's Days Inventory or its related term are showing as below:
HKSE:08487'
s Days Inventory Range Over the Past 10 Years
Min: 0.75 Med: 32.92 Max: 179.01
Current: 179.01
During the past 8 years, ISP Global's highest Days Inventory was 179.01. The lowest was 0.75. And the median was 32.92.
HKSE:08487's Days Inventory is ranked worse than 76.27% of 2410
companies
in the Hardware industry
Industry Median: 101.695
vs HKSE:08487: 179.01
ISP Global's Days Inventory
increased
from Dec. 2022 (164.98) to Dec. 2023 (189.13).
It might indicate that ISP Global'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.
ISP Global's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.48.
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.
ISP Global's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.25.
ISP Global Days Inventory Historical Data
The historical data trend for ISP Global'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 ISP Global's Days Inventory
For the Communication Equipment subindustry, ISP Global'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.
ISP Global's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, ISP Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where ISP Global's Days Inventory falls into.
ISP Global Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ISP Global's Days Inventory for the fiscal year that ended in Jun. 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.
ISP Global (HKSE:08487) 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.
ISP Global'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.
ISP Global'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.
ISP Global Days Inventory Related Terms
Thank you for viewing the detailed overview of ISP Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ISP Global Ltd is a sound and communication services provider in Singapore. The company is engaged in the sale of sound and communication systems and related services; integrated services of sound and communication systems, with a focus on design, customization, and installation of sound and communication systems in buildings and alert alarm system services. The Group has two major business segments: (i) e-commerce operation; and (ii) sale and provision of integrated services of networking, sound and communication systems. The firm's revenue is mainly derived from Mainland China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:08487 has been successfully added to your 