GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Min Fu International Holding Ltd (HKSE:08511) » Definitions » Days Inventory

Min Fu International Holding (HKSE:08511) Days Inventory : 0.00 (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Min Fu International Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Min Fu International Holding's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.00 Mil. Min Fu International Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$6.62 Mil. Hence, Min Fu International Holding's Days Inventory for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Min Fu International Holding's Days Inventory or its related term are showing as below:

HKSE:08511's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.78
* Ranked among companies with meaningful Days Inventory only.

Min Fu International Holding's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Min Fu International Holding's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Min Fu International Holding Days Inventory Historical Data

The historical data trend for Min Fu International Holding'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.

Min Fu International Holding Days Inventory Chart

Min Fu International Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial - - - - -

Min Fu International Holding 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 - - - - -

Competitive Comparison of Min Fu International Holding's Days Inventory

For the Scientific & Technical Instruments subindustry, Min Fu International Holding'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.


Min Fu International Holding's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Min Fu International Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Min Fu International Holding's Days Inventory falls into.



Min Fu International Holding Days Inventory Calculation

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

Min Fu International Holding'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
=( (0 + 0) / 1 ) / 22.271*365
=0 / 22.271*365
=0.00

Min Fu International Holding'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 + 0) / 1 ) / 6.62*365 / 4
=0 / 6.62*365 / 4
=0.00

* 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.


Min Fu International Holding  (HKSE:08511) 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.

Min Fu International Holding'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.

Min Fu International Holding'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.


Min Fu International Holding Days Inventory Related Terms

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


Min Fu International Holding (HKSE:08511) Business Description

Traded in Other Exchanges
N/A
Address
Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN
Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.
Executives
Huang Minzhi 2101 Beneficial owner
Huang Minfu 2101 Beneficial owner
Ho Chun Kit Gregory 2201 Interest of corporation controlled by you
Tecway Technology Limited 2101 Beneficial owner
Ifg Swans Holding Ltd. 2101 Beneficial owner
Wu Di 2201 Interest of corporation controlled by you
Theia Vision Capital Limited 2101 Beneficial owner
Theia Vision Capital Limited 2101 Beneficial owner

Min Fu International Holding (HKSE:08511) Headlines

No Headlines