Hong Kong Ferry (Holdings) Co (HKSE:00050) Days Inventory : 2,569.66 (As of Dec. 2023)

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What is Hong Kong Ferry (Holdings) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hong Kong Ferry (Holdings) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,801.4 Mil. Hong Kong Ferry (Holdings) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$127.9 Mil. Hence, Hong Kong Ferry (Holdings) Co's Days Inventory for the six months ended in Dec. 2023 was 2,569.66.

The historical rank and industry rank for Hong Kong Ferry (Holdings) Co's Days Inventory or its related term are showing as below:

HKSE:00050' s Days Inventory Range Over the Past 10 Years
Min: 318.07 Med: 1606.76 Max: 3077.29
Current: 2751.19

During the past 13 years, Hong Kong Ferry (Holdings) Co's highest Days Inventory was 3077.29. The lowest was 318.07. And the median was 1606.76.

HKSE:00050's Days Inventory is ranked worse than
84.85% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:00050: 2751.19

Hong Kong Ferry (Holdings) Co's Days Inventory declined from Dec. 2022 (2,869.48) to Dec. 2023 (2,569.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Kong Ferry (Holdings) Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.07.

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. Hong Kong Ferry (Holdings) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 8.86.

Hong Kong Ferry (Holdings) Co Days Inventory Historical Data

The historical data trend for Hong Kong Ferry (Holdings) 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.

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Hong Kong Ferry (Holdings) Co Days Inventory Chart

Hong Kong Ferry (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2,352.68

2,930.81

2,850.53

3,077.29

2,723.19

Hong Kong Ferry (Holdings) Co 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															2,731.24	3,211.59	2,869.48	3,000.78	2,569.66

Competitive Comparison of Hong Kong Ferry (Holdings) Co's Days Inventory

For the Real Estate - Diversified subindustry, Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Kong Ferry (Holdings) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hong Kong Ferry (Holdings) Co's Days Inventory falls into.

Hong Kong Ferry (Holdings) Co Days Inventory Calculation

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

Hong Kong Ferry (Holdings) 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
=	( (1691.232	+	1802.14)	/	2 )	/	234.115	*	365
=	1746.686					/	234.115	*	365
=	2,723.19

Hong Kong Ferry (Holdings) 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
=	( (1800.56	+	1802.14)	/	2 )	/	127.934	*	365 / 2
=	1801.35					/	127.934	*	365 / 2
=	2,569.66

Hong Kong Ferry (Holdings) Co (HKSE:00050) 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.

Hong Kong Ferry (Holdings) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	127.934	/	1801.35
	=	0.07

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.

Hong Kong Ferry (Holdings) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1801.35	/	203.336
	=	8.86

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.

Hong Kong Ferry (Holdings) Co Days Inventory Related Terms

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

Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102

Website

https://www.hkf.com

Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

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