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Far East Hotels & Entertainment (HKSE:00037) Days Inventory : 5.96 (As of Sep. 2023)


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What is Far East Hotels & Entertainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Far East Hotels & Entertainment's Average Total Inventories for the six months ended in Sep. 2023 was HK$0.40 Mil. Far East Hotels & Entertainment's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$12.33 Mil. Hence, Far East Hotels & Entertainment's Days Inventory for the six months ended in Sep. 2023 was 5.96.

The historical rank and industry rank for Far East Hotels & Entertainment's Days Inventory or its related term are showing as below:

HKSE:00037' s Days Inventory Range Over the Past 10 Years
Min: 3.51   Med: 4.31   Max: 6.18
Current: 4.83

During the past 13 years, Far East Hotels & Entertainment's highest Days Inventory was 6.18. The lowest was 3.51. And the median was 4.31.

HKSE:00037's Days Inventory is ranked better than
93.38% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:00037: 4.83

Far East Hotels & Entertainment's Days Inventory increased from Sep. 2022 (3.81) to Sep. 2023 (5.96). It might indicate that Far East Hotels & Entertainment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Far East Hotels & Entertainment's Inventory Turnover for the six months ended in Sep. 2023 was 30.64.

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. Far East Hotels & Entertainment's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


Far East Hotels & Entertainment Days Inventory Historical Data

The historical data trend for Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment Days Inventory Chart

Far East Hotels & Entertainment 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 3.59 4.92 4.49 3.76 3.51

Far East Hotels & Entertainment 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 2.97 4.93 3.81 3.64 5.96

Competitive Comparison of Far East Hotels & Entertainment's Days Inventory

For the Real Estate Services subindustry, Far East Hotels & Entertainment'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.


Far East Hotels & Entertainment's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Hotels & Entertainment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Far East Hotels & Entertainment's Days Inventory falls into.



Far East Hotels & Entertainment Days Inventory Calculation

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

Far East Hotels & Entertainment'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
=( (0.284 + 0.317) / 2 ) / 31.258*365
=0.3005 / 31.258*365
=3.51

Far East Hotels & Entertainment'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
=( (0.317 + 0.488) / 2 ) / 12.332*365 / 2
=0.4025 / 12.332*365 / 2
=5.96

* 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.


Far East Hotels & Entertainment  (HKSE:00037) 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.

Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment'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.


Far East Hotels & Entertainment Days Inventory Related Terms

Thank you for viewing the detailed overview of Far East Hotels & Entertainment's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Far East Hotels & Entertainment (HKSE:00037) Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG
Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates under business segments of Hotel operations in Hong Kong; Serviced property letting in Mainland China; Property investment in Hong Kong; Property investment overseas; and Securities investment and trading. The company earns maximum revenue from Hotel operations in Hong Kong. The group's operations are located in Hong Kong, Mainland China, and overseas.
Executives
Chiu Derek 2201 Interest of corporation controlled by you
Lui Yu Kin 2101 Beneficial owner

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