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Affluent Partners Holdings (Affluent Partners Holdings) Days Inventory : 455.84 (As of Sep. 2023)


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What is Affluent Partners Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Affluent Partners Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $5.59 Mil. Affluent Partners Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $2.24 Mil. Hence, Affluent Partners Holdings's Days Inventory for the six months ended in Sep. 2023 was 455.84.

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

MNNGF' s Days Inventory Range Over the Past 10 Years
Min: 158.34   Med: 183.85   Max: 268.48
Current: 268.48

During the past 10 years, Affluent Partners Holdings's highest Days Inventory was 268.48. The lowest was 158.34. And the median was 183.85.

MNNGF's Days Inventory is ranked worse than
85.07% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 108.69 vs MNNGF: 268.48

Affluent Partners Holdings's Days Inventory increased from Sep. 2022 (165.09) to Sep. 2023 (455.84). It might indicate that Affluent Partners Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Affluent Partners Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.40.

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. Affluent Partners Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.74.


Affluent Partners Holdings Days Inventory Historical Data

The historical data trend for Affluent Partners 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.

Affluent Partners Holdings Days Inventory Chart

Affluent Partners Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.29 202.85 207.06 173.08 158.53

Affluent Partners Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 134.60 199.19 165.09 191.85 455.84

Competitive Comparison of Affluent Partners Holdings's Days Inventory

For the Luxury Goods subindustry, Affluent Partners 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.


Affluent Partners Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Affluent Partners Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Affluent Partners Holdings's Days Inventory falls into.



Affluent Partners Holdings Days Inventory Calculation

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

Affluent Partners Holdings'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
=( (3.065 + 5.684) / 2 ) / 10.072*365
=4.3745 / 10.072*365
=158.53

Affluent Partners Holdings'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (5.684 + 5.491) / 2 ) / 2.237*365 / 2
=5.5875 / 2.237*365 / 2
=455.84

* 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.


Affluent Partners Holdings  (OTCPK:MNNGF) 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.

Affluent Partners Holdings's Inventory Turnover for the six 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.

Affluent Partners Holdings's Inventory to Revenue for the six 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.


Affluent Partners Holdings Days Inventory Related Terms

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


Affluent Partners Holdings (Affluent Partners Holdings) Business Description

Traded in Other Exchanges
Address
110-116 Queen’s Road Central, Room 906, 9th Floor, Wings Building, Central, Hong Kong, HKG
Affluent Partners Holdings Ltd is an investment holding company with subsidiaries engaged in purchasing, processing, designing, production, and wholesale distribution of pearls and jewelry products and operation of strategic investment and financial services. Its operating segment includes the Sale of pearls and jewelry products and Strategic investment and financial services. It generates maximum revenue from the Sale of pearls and jewelry products segment. It operates geographically in Hong Kong, the PRC, the USA, the UK, and Europe. It generates the majority of its revenue from the USA.

Affluent Partners Holdings (Affluent Partners Holdings) Headlines