Kingboard Holdings (Kingboard Holdings) Days Inventory : 210.44 (As of Dec. 2023)

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What is Kingboard Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingboard Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $2,552 Mil. Kingboard Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,213 Mil. Hence, Kingboard Holdings's Days Inventory for the six months ended in Dec. 2023 was 210.44.

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

KBDCF' s Days Inventory Range Over the Past 10 Years
Min: 194.03 Med: 236.33 Max: 283.37
Current: 228.49

During the past 13 years, Kingboard Holdings's highest Days Inventory was 283.37. The lowest was 194.03. And the median was 236.33.

KBDCF's Days Inventory is ranked worse than
86% of 450 companies
in the Conglomerates industry
Industry Median: 72.615 vs KBDCF: 228.49

Kingboard Holdings's Days Inventory declined from Dec. 2022 (223.55) to Dec. 2023 (210.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingboard Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.87.

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. Kingboard Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.95.

Kingboard Holdings Days Inventory Historical Data

The historical data trend for Kingboard 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.

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Kingboard Holdings Days Inventory Chart

Kingboard Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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266.90

272.84

224.11

216.79

225.38

Kingboard 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															220.75	213.84	223.55	253.66	210.44

Competitive Comparison of Kingboard Holdings's Days Inventory

For the Conglomerates subindustry, Kingboard 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.

Kingboard Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingboard Holdings's Days Inventory distribution charts can be found below:

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

Kingboard Holdings Days Inventory Calculation

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

Kingboard 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
=	( (2621.325	+	2457.845)	/	2 )	/	4112.824	*	365
=	2539.585					/	4112.824	*	365
=	225.38

Kingboard 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
=	( (2645.156	+	2457.845)	/	2 )	/	2212.691	*	365 / 2
=	2551.5005					/	2212.691	*	365 / 2
=	210.44

Kingboard Holdings (OTCPK:KBDCF) 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.

Kingboard Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2212.691	/	2551.5005
	=	0.87

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.

Kingboard Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2551.5005	/	2687.987
	=	0.95

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.

Kingboard Holdings Days Inventory Related Terms

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

Kingboard Holdings (Kingboard Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kingboard Holdings Ltd (OTCPK:KBDCF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KBDCY:USA 00148:Hong Kong KGZ:Germany

Address

3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T, Hong Kong, HKG

Website

https://www.kingboard.com

Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: manufacture and sale of laminates; manufacture and sale of printed circuit boards; manufacture and sale of chemicals; sales and rental of properties; investments; and others including service income, manufacture, and sale of magnetic products and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, and America, out of which China accounts for the majority of the revenue.

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