Oriental Enterprise Holdings (HKSE:00018) Days Inventory : 309.59 (As of Sep. 2023)

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What is Oriental Enterprise Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oriental Enterprise Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$75.9 Mil. Oriental Enterprise Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$44.7 Mil. Hence, Oriental Enterprise Holdings's Days Inventory for the six months ended in Sep. 2023 was 309.59.

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

HKSE:00018' s Days Inventory Range Over the Past 10 Years
Min: 86.11 Med: 109.4 Max: 295.49
Current: 288.02

During the past 13 years, Oriental Enterprise Holdings's highest Days Inventory was 295.49. The lowest was 86.11. And the median was 109.40.

HKSE:00018's Days Inventory is ranked worse than
91.97% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs HKSE:00018: 288.02

Oriental Enterprise Holdings's Days Inventory increased from Sep. 2022 (293.75) to Sep. 2023 (309.59). It might indicate that Oriental Enterprise Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oriental Enterprise Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.59.

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. Oriental Enterprise Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.24.

Oriental Enterprise Holdings Days Inventory Historical Data

The historical data trend for Oriental Enterprise 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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Oriental Enterprise Holdings Days Inventory Chart

Oriental Enterprise Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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108.37

163.55

282.53

295.49

280.98

Oriental Enterprise 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															300.46	273.17	293.75	269.45	309.59

Competitive Comparison of Oriental Enterprise Holdings's Days Inventory

For the Publishing subindustry, Oriental Enterprise 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.

Oriental Enterprise Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Days Inventory distribution charts can be found below:

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

Oriental Enterprise Holdings Days Inventory Calculation

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

Oriental Enterprise 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
=	( (65.292	+	74.483)	/	2 )	/	90.787	*	365
=	69.8875					/	90.787	*	365
=	280.98

Oriental Enterprise 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
=	( (74.483	+	77.325)	/	2 )	/	44.745	*	365 / 2
=	75.904					/	44.745	*	365 / 2
=	309.59

Oriental Enterprise Holdings (HKSE:00018) 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.

Oriental Enterprise Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.745	/	75.904
	=	0.59

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.

Oriental Enterprise Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.904	/	312.085
	=	0.24

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.

Oriental Enterprise Holdings Days Inventory Related Terms

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

Oriental Enterprise Holdings (HKSE:00018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Oriental Enterprise Holdings Ltd (HKSE:00018) » Definitions » Days Inventory

Traded in Other Exchanges

OPQ:Germany

Address

23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG

Website

https://oeh.on.cc

Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.

Executives

Conyers Trustee Services (bvi) Limited	2301 Trustee
Marsun Holdings Limited	2201 Interest of corporation controlled by you
Ocean Greatness Limited	2201 Interest of corporation controlled by you
Ever Holdings Limited	2101 Beneficial owner
Hung Mui Fong	2202 Interest of your spouse
Ma Ching Fat	2307 Founder of a discretionary trust who can infl

Oriental Enterprise Holdings (HKSE:00018) Headlines

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