Sky Blue 11 Co (Sky Blue 11 Co) Days Inventory : 875.43 (As of Dec. 2023)

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What is Sky Blue 11 Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sky Blue 11 Co's Average Total Inventories for the three months ended in Dec. 2023 was $20.21 Mil. Sky Blue 11 Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.11 Mil. Hence, Sky Blue 11 Co's Days Inventory for the three months ended in Dec. 2023 was 875.43.

The historical rank and industry rank for Sky Blue 11 Co's Days Inventory or its related term are showing as below:

PIHLF' s Days Inventory Range Over the Past 10 Years
Min: 14.05 Med: 125.62 Max: 723.76
Current: 723.76

During the past 13 years, Sky Blue 11 Co's highest Days Inventory was 723.76. The lowest was 14.05. And the median was 125.62.

PIHLF's Days Inventory is ranked worse than
98.57% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs PIHLF: 723.76

Sky Blue 11 Co's Days Inventory increased from Dec. 2021 (5.65) to Dec. 2023 (875.43). It might indicate that Sky Blue 11 Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sky Blue 11 Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.10.

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. Sky Blue 11 Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 12.85.

Sky Blue 11 Co Days Inventory Historical Data

The historical data trend for Sky Blue 11 Co'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.

Sky Blue 11 Co Days Inventory Chart

Sky Blue 11 Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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65.45

43.54

14.12

331.72

717.48

Sky Blue 11 Co Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															5.65	7.41	111.38	236.47	875.43

Competitive Comparison of Sky Blue 11 Co's Days Inventory

For the Recreational Vehicles subindustry, Sky Blue 11 Co'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.

Sky Blue 11 Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's Days Inventory falls into.

Sky Blue 11 Co Days Inventory Calculation

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

Sky Blue 11 Co'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
=	( (22.351	+	19.133)	/	2 )	/	10.552	*	365
=	20.742					/	10.552	*	365
=	717.48

Sky Blue 11 Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21.295	+	19.133)	/	2 )	/	2.107	*	365 / 4
=	20.214					/	2.107	*	365 / 4
=	875.43

Sky Blue 11 Co (OTCPK:PIHLF) 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.

Sky Blue 11 Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.107	/	20.214
	=	0.10

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.

Sky Blue 11 Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.214	/	1.573
	=	12.85

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.

Sky Blue 11 Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Sky Blue 11 Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Blue 11 Co (Sky Blue 11 Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sky Blue 11 Co Ltd (OTCPK:PIHLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

01010:Hong Kong

Address

50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.pacray.com.hk

Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.

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