GURUFOCUS.COM » STOCK LIST » Technology » Software » Yeahka Ltd (HKSE:09923) » Definitions » Days Inventory

Yeahka (HKSE:09923) Days Inventory : 0.33 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Yeahka Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yeahka's Average Total Inventories for the six months ended in Jun. 2024 was HK$2 Mil. Yeahka's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$1,375 Mil. Hence, Yeahka's Days Inventory for the six months ended in Jun. 2024 was 0.33.

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

HKSE:09923' s Days Inventory Range Over the Past 10 Years
Min: 0.36   Med: 0.94   Max: 2.72
Current: 0.38

During the past 7 years, Yeahka's highest Days Inventory was 2.72. The lowest was 0.36. And the median was 0.94.

HKSE:09923's Days Inventory is ranked better than
93.44% of 1556 companies
in the Software industry
Industry Median: 18.725 vs HKSE:09923: 0.38

Yeahka's Days Inventory declined from Jun. 2023 (0.59) to Jun. 2024 (0.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yeahka's Inventory Turnover for the six months ended in Jun. 2024 was 560.65.

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. Yeahka's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.


Yeahka Days Inventory Historical Data

The historical data trend for Yeahka'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.

Yeahka Days Inventory Chart

Yeahka Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.94 2.72 2.08 1.33 0.52

Yeahka Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.14 0.59 0.40 0.33

Competitive Comparison of Yeahka's Days Inventory

For the Software - Infrastructure subindustry, Yeahka'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.


Yeahka's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Yeahka's Days Inventory distribution charts can be found below:

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



Yeahka Days Inventory Calculation

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

Yeahka'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
=( (7.373 + 2.661) / 2 ) / 3513.678*365
=5.017 / 3513.678*365
=0.52

Yeahka's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2.661 + 2.245) / 2 ) / 1375.284*365 / 2
=2.453 / 1375.284*365 / 2
=0.33

* 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.


Yeahka  (HKSE:09923) 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.

Yeahka's Inventory Turnover for the six months ended in Jun. 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.

Yeahka's Inventory to Revenue for the six months ended in Jun. 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.


Yeahka Days Inventory Related Terms

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


Yeahka Business Description

Traded in Other Exchanges
Address
15 Keyuan Road, 19th Floor, A4 Building, Kexing Science Park, Nanshan District, Shenzhen, CHN
Yeahka Ltd is a payment-based technology platform in China that provides payment and business services to merchants and consumers. It derives revenue from one-stop payment services; merchant solutions services; and in-store e-commerce services. One-stop payment services provide merchants with their acceptance of non-cash payments from consumers, by connecting the merchants with the payment networks; Merchant solutions services leveraging on the established customer base acquired from the provision of the one-stop payment services, the Group also provides a series of value-added merchant solutions services; In-store e-commerce services leveraging on the established customer base with merchants acquired from providing one-stop payment services, and others.
Executives
Tmf Trust (hk) Limited 2301 Trustee
Yeah Talent Holding Limited 2101 Beneficial owner
Brocade Creation Investment Limited 2201 Interest of corporation controlled by you
Brocade Creation Limited 2201 Interest of corporation controlled by you
Creative Brocade International Limited 2101 Beneficial owner
Cantrust (far East) Limited 2301 Trustee
Liu Yingqi 2307 Founder of a discretionary trust who can infl
Luo Haiying 2202 Interest of your spouse
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Yeah United Holding Limited 2101 Beneficial owner
Credit Suisse Trust Limited 2301 Trustee
Recruit Holdings Co., Ltd. 2101 Beneficial owner
Growth Tree Ltd 2201 Interest of corporation controlled by you
Ono Hirofumi 2201 Interest of corporation controlled by you
Tanaka Akio 2201 Interest of corporation controlled by you

Yeahka Headlines

No Headlines