Days Inventory is also known as Days Sales of Inventory (DSI). King Resources's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.00 Mil. King Resources's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.01 Mil.
Hence, King Resources's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
The historical rank and industry rank for King Resources's Days Inventory or its related term are showing as below:
KRFG'
s Days Inventory Range Over the Past 10 Years
Min: 69.78 Med: 73 Max: 126.53
Current: 126.53
During the past 5 years, King Resources's highest Days Inventory was 126.53. The lowest was 69.78. And the median was 73.00.
KRFG's Days Inventory is ranked worse than 52.89% of 2904
companies
in the Industrial Products industry
Industry Median: 119.805
vs KRFG: 126.53
King Resources's Days Inventory
declined
from Dec. 2022 (474.50) to Dec. 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.
King Resources's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
King Resources Days Inventory Historical Data
The historical data trend for King Resources'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 King Resources's Days Inventory
For the Electrical Equipment & Parts subindustry, King Resources'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.
King Resources's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, King Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where King Resources's Days Inventory falls into.
King Resources Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
King Resources's Days Inventory for the fiscal year that ended in Mar. 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.
King Resources (OTCPK:KRFG) 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.
King Resources'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.
King Resources'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.
King Resources Days Inventory Related Terms
Thank you for viewing the detailed overview of King Resources's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
King Resources (King Resources) Business Description
King Resources Inc is engaged primarily in the development of smart power supply solutions and products in Hong Kong. The company focuses on research and development solutions, sales of own brand smart power supply products, and development of IoT products across our smart home, smart office and smart fitness ecosystem.
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