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Asia Standard International Group (HKSE:00129) Days Inventory : 12,697.06 (As of Sep. 2023)


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What is Asia Standard International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Standard International Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$5,318 Mil. Asia Standard International Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$76 Mil. Hence, Asia Standard International Group's Days Inventory for the six months ended in Sep. 2023 was 12,697.06.

The historical rank and industry rank for Asia Standard International Group's Days Inventory or its related term are showing as below:

HKSE:00129' s Days Inventory Range Over the Past 10 Years
Min: 840.65   Med: 2051.1   Max: 17089.4
Current: 14215.93

During the past 13 years, Asia Standard International Group's highest Days Inventory was 17089.40. The lowest was 840.65. And the median was 2051.10.

HKSE:00129's Days Inventory is ranked worse than
97.02% of 168 companies
in the Asset Management industry
Industry Median: 77.38 vs HKSE:00129: 14215.93

Asia Standard International Group's Days Inventory declined from Sep. 2022 (15,541.24) to Sep. 2023 (12,697.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Standard International Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.01.

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. Asia Standard International Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 5.90.


Asia Standard International Group Days Inventory Historical Data

The historical data trend for Asia Standard International Group'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.

Asia Standard International Group Days Inventory Chart

Asia Standard International Group 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 1,513.99 1,954.88 12,432.87 17,089.40 16,126.24

Asia Standard International Group 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 18,569.11 15,857.03 15,541.24 16,340.78 12,697.06

Competitive Comparison of Asia Standard International Group's Days Inventory

For the Asset Management subindustry, Asia Standard International Group'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.


Asia Standard International Group's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Standard International Group's Days Inventory falls into.



Asia Standard International Group Days Inventory Calculation

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

Asia Standard International Group'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
=( (4278.664 + 5039.386) / 2 ) / 105.452*365
=4659.025 / 105.452*365
=16,126.24

Asia Standard International Group'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
=( (5039.386 + 5597.063) / 2 ) / 76.441*365 / 2
=5318.2245 / 76.441*365 / 2
=12,697.06

* 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.


Asia Standard International Group  (HKSE:00129) 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.

Asia Standard International Group'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.

Asia Standard International Group'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.


Asia Standard International Group Days Inventory Related Terms

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


Asia Standard International Group (HKSE:00129) Business Description

Traded in Other Exchanges
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property development, property leasing, hotel and travel, and financial investments. The majority of its revenue is derived from the Financial Investments segment.

Asia Standard International Group (HKSE:00129) Headlines

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