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Wise Ally International Holdings (HKSE:09918) Days Inventory : 71.03 (As of Dec. 2024)


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What is Wise Ally International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wise Ally International Holdings's Average Total Inventories for the six months ended in Dec. 2024 was HK$217 Mil. Wise Ally International Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$558 Mil. Hence, Wise Ally International Holdings's Days Inventory for the six months ended in Dec. 2024 was 71.03.

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

HKSE:09918' s Days Inventory Range Over the Past 10 Years
Min: 72.39   Med: 82.65   Max: 119.55
Current: 79.04

During the past 9 years, Wise Ally International Holdings's highest Days Inventory was 119.55. The lowest was 72.39. And the median was 82.65.

HKSE:09918's Days Inventory is ranked better than
60.81% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs HKSE:09918: 79.04

Wise Ally International Holdings's Days Inventory declined from Dec. 2023 (80.29) to Dec. 2024 (71.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wise Ally International Holdings's Inventory Turnover for the six months ended in Dec. 2024 was 2.57.

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. Wise Ally International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.31.


Wise Ally International Holdings Days Inventory Historical Data

The historical data trend for Wise Ally 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.

Wise Ally International Holdings Days Inventory Chart

Wise Ally International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 72.39 90.85 82.65 81.09 75.70

Wise Ally International Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 72.85 94.14 80.29 92.58 71.03

Competitive Comparison of Wise Ally International Holdings's Days Inventory

For the Electronic Components subindustry, Wise Ally 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.


Wise Ally International Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wise Ally International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wise Ally International Holdings's Days Inventory falls into.


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Wise Ally International Holdings Days Inventory Calculation

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

Wise Ally International Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (223.828 + 196.314) / 2 ) / 1012.898*365
=210.071 / 1012.898*365
=75.70

Wise Ally International Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (237.875 + 196.314) / 2 ) / 557.807*365 / 2
=217.0945 / 557.807*365 / 2
=71.03

* 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.


Wise Ally International Holdings  (HKSE:09918) 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.

Wise Ally International Holdings's Inventory Turnover for the six months ended in Dec. 2024 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.

Wise Ally International Holdings's Inventory to Revenue for the six months ended in Dec. 2024 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.


Wise Ally International Holdings Days Inventory Related Terms

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


Wise Ally International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Enterprise Square Five, 38 Wang Chiu Road, Units 3203-3207, Tower 1, Kowloon Bay, Kowloon, Hong Kong, HKG
Wise Ally International Holdings Ltd is an electronics manufacturing services provider offering full turnkey solutions with a focus on consumer electronic products. Its services include design development and enhancement, provision of technical advice and engineering solutions, selection and procurement of materials, production, quality control, and logistics management. The company products include Printed Circuit Board Assembly(PCBAs), multifunctional modules, and finished electronic products, its medical products include Wearable Bio Senor, Oximeter and Heart Rate Sensors, and Fertility Hormones Testercompany's, etc. The company operates in the United States, the United Kingdom, Hong Kong, France, China, and Other countries.
Executives
Smartview Investments Limited 2101 Beneficial owner
Grandview Group Holdings Limited 2101 Beneficial owner
Smart Union Global Group Limited 2101 Beneficial owner
Chu Wai Cheong Wilson 2201 Interest of corporation controlled by you
Chu Wai Hang Raymond 2201 Interest of corporation controlled by you
Ng Ching Annetta 2202 Interest of your spouse
Tam Wai Yee Czarina 2202 Interest of your spouse

Wise Ally International Holdings Headlines

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