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Value Convergence Holdings (Value Convergence Holdings) Days Inventory : 20.15 (As of Dec. 2023)


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What is Value Convergence Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Value Convergence Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.38 Mil. Value Convergence Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $3.44 Mil. Hence, Value Convergence Holdings's Days Inventory for the six months ended in Dec. 2023 was 20.15.

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

VCHLF' s Days Inventory Range Over the Past 10 Years
Min: 1.34   Med: 3.9   Max: 7.42
Current: 16.06

During the past 13 years, Value Convergence Holdings's highest Days Inventory was 7.42. The lowest was 1.34. And the median was 3.90.

VCHLF's Days Inventory is ranked better than
71.43% of 224 companies
in the Capital Markets industry
Industry Median: 68.355 vs VCHLF: 16.06

Value Convergence Holdings's Days Inventory increased from Dec. 2022 (6.43) to Dec. 2023 (20.15). It might indicate that Value Convergence Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Value Convergence Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 9.06.

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.


Value Convergence Holdings Days Inventory Historical Data

The historical data trend for Value Convergence 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.

Value Convergence Holdings Days Inventory Chart

Value Convergence Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.36 1.70 6.16 7.43

Value Convergence Holdings Semi-Annual 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 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 0.85 - 6.43 20.59 20.15

Competitive Comparison of Value Convergence Holdings's Days Inventory

For the Capital Markets subindustry, Value Convergence 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.


Value Convergence Holdings's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Value Convergence Holdings's Days Inventory falls into.



Value Convergence Holdings Days Inventory Calculation

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

Value Convergence Holdings'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
=( (0.092 + 0.171) / 2 ) / 6.459*365
=0.1315 / 6.459*365
=7.43

Value Convergence Holdings'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
=( (0.588 + 0.171) / 2 ) / 3.437*365 / 2
=0.3795 / 3.437*365 / 2
=20.15

* 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.


Value Convergence Holdings  (OTCPK:VCHLF) 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.

Value Convergence Holdings's Inventory Turnover for the six 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.

Value Convergence Holdings's Inventory to Revenue for the six 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.


Value Convergence Holdings Days Inventory Related Terms

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


Value Convergence Holdings (Value Convergence Holdings) Business Description

Traded in Other Exchanges
Address
181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG
Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

Value Convergence Holdings (Value Convergence Holdings) Headlines

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