Shin Hwa World (HKSE:00582) Days Inventory : 164.99 (As of Dec. 2023)

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What is Shin Hwa World Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shin Hwa World's Average Total Inventories for the six months ended in Dec. 2023 was HK$534 Mil. Shin Hwa World's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$591 Mil. Hence, Shin Hwa World's Days Inventory for the six months ended in Dec. 2023 was 164.99.

The historical rank and industry rank for Shin Hwa World's Days Inventory or its related term are showing as below:

HKSE:00582' s Days Inventory Range Over the Past 10 Years
Min: 320.64 Med: 2801.89 Max: 34392.35
Current: 320.64

During the past 13 years, Shin Hwa World's highest Days Inventory was 34392.35. The lowest was 320.64. And the median was 2801.89.

HKSE:00582's Days Inventory is ranked worse than
91.33% of 669 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs HKSE:00582: 320.64

Shin Hwa World's Days Inventory declined from Dec. 2022 (214.43) to Dec. 2023 (164.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Hwa World's Inventory Turnover for the six months ended in Dec. 2023 was 1.11.

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. Shin Hwa World's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.86.

Shin Hwa World Days Inventory Historical Data

The historical data trend for Shin Hwa World'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.

Shin Hwa World Days Inventory Chart

Shin Hwa World Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3,355.65

3,193.91

1,342.73

379.55

321.20

Shin Hwa World 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															855.39	1,185.35	214.43	2,147.59	164.99

Competitive Comparison of Shin Hwa World's Days Inventory

For the Resorts & Casinos subindustry, Shin Hwa World'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.

Shin Hwa World's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shin Hwa World's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shin Hwa World's Days Inventory falls into.

Shin Hwa World Days Inventory Calculation

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

Shin Hwa World'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
=	( (621.43	+	507.228)	/	2 )	/	641.28	*	365
=	564.329					/	641.28	*	365
=	321.20

Shin Hwa World'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
=	( (561.382	+	507.228)	/	2 )	/	591.023	*	365 / 2
=	534.305					/	591.023	*	365 / 2
=	164.99

Shin Hwa World (HKSE:00582) 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.

Shin Hwa World's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	591.023	/	534.305
	=	1.11

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.

Shin Hwa World's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	534.305	/	618.174
	=	0.86

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.

Shin Hwa World Days Inventory Related Terms

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

Shin Hwa World (HKSE:00582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shin Hwa World Ltd (HKSE:00582) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.shw.com.hk

Shin Hwa World Ltd is an investment holding company. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea.

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