Shun Ho Holdings (HKSE:00253) Days Inventory : 1.51 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Shun Ho Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shun Ho Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$2.1 Mil. Shun Ho Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$250.9 Mil. Hence, Shun Ho Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.51.

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

HKSE:00253' s Days Inventory Range Over the Past 10 Years
Min: 1.06 Med: 1.23 Max: 1.75
Current: 1.67

During the past 13 years, Shun Ho Holdings's highest Days Inventory was 1.75. The lowest was 1.06. And the median was 1.23.

HKSE:00253's Days Inventory is ranked better than
92.71% of 672 companies
in the Travel & Leisure industry
Industry Median: 35.43 vs HKSE:00253: 1.67

Shun Ho Holdings's Days Inventory declined from Dec. 2022 (1.52) to Dec. 2023 (1.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shun Ho Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 121.01.

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. Shun Ho Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Shun Ho Holdings Days Inventory Historical Data

The historical data trend for Shun Ho 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.

* Premium members only.

Shun Ho Holdings Days Inventory Chart

Shun Ho Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

1.24

1.75

1.35

1.54

1.44

Shun Ho 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															1.20	1.54	1.52	2.20	1.51

Competitive Comparison of Shun Ho Holdings's Days Inventory

For the Lodging subindustry, Shun Ho 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.

Shun Ho Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Holdings's Days Inventory distribution charts can be found below:

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

Shun Ho Holdings Days Inventory Calculation

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

Shun Ho 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
=	( (1.501	+	1.761)	/	2 )	/	412.246	*	365
=	1.631					/	412.246	*	365
=	1.44

Shun Ho 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
=	( (2.385	+	1.761)	/	2 )	/	250.85	*	365 / 2
=	2.073					/	250.85	*	365 / 2
=	1.51

Shun Ho Holdings (HKSE:00253) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	250.85	/	2.073
	=	121.01

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.073	/	355.002
	=	0.01

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.

Shun Ho Holdings Days Inventory Related Terms

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

Shun Ho Holdings (HKSE:00253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shun Ho Holdings Ltd (HKSE:00253) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

http://www.shunho.com.hk/shpi/index.html

Shun Ho Holdings Ltd is engaged in the investment and operation of hotels, property investment and securities investment. Its segments include Hospitality services which cover Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, Wood Street Hotel; Property investment segment which includes 633 King's Road, Shun Ho Tower and Shops, hotel and residential properties; and securities investment segment. It derives prime revenue from the Hospitality services segment. The group's operations are located in Hong Kong, the PRC and the UK.

Shun Ho Holdings (HKSE:00253) Headlines

No Headlines