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South China Financial Holdings (HKSE:00619) Days Inventory : 0.00 (As of Dec. 2023)


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What is South China Financial Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). South China Financial Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.67 Mil. South China Financial Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0.00 Mil.

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

HKSE:00619' s Days Inventory Range Over the Past 10 Years
Min: 36.74   Med: 48.15   Max: 311.86
Current: 38.45

During the past 13 years, South China Financial Holdings's highest Days Inventory was 311.86. The lowest was 36.74. And the median was 48.15.

HKSE:00619's Days Inventory is ranked better than
58.82% of 221 companies
in the Capital Markets industry
Industry Median: 66.99 vs HKSE:00619: 38.45

South China Financial Holdings's Days Inventory declined from Dec. 2022 (18.67) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. South China Financial Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. South China Financial Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


South China Financial Holdings Days Inventory Historical Data

The historical data trend for South China Financial 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.

South China Financial Holdings Days Inventory Chart

South China Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 308.89 36.74 47.85 48.45 38.45

South China Financial 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 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 25.33 - 18.67 - -

Competitive Comparison of South China Financial Holdings's Days Inventory

For the Capital Markets subindustry, South China Financial 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.


South China Financial Holdings's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, South China Financial Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where South China Financial Holdings's Days Inventory falls into.



South China Financial Holdings Days Inventory Calculation

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

South China Financial 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
=( (9.17 + 0) / 1 ) / 87.053*365
=9.17 / 87.053*365
=38.45

South China Financial 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
=( (0.668 + 0) / 1 ) / 0*365 / 2
=0.668 / 0*365 / 2
=N/A

* 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.


South China Financial Holdings  (HKSE:00619) 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.

South China Financial Holdings's Inventory Turnover for the six months ended in Dec. 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.

South China Financial Holdings's Inventory to Revenue for the six months ended in Dec. 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.


South China Financial Holdings Days Inventory Related Terms

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


South China Financial Holdings (HKSE:00619) Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment; Media publications and financial public relation services segment; Jewellery business segment; and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relation services segment. The group generates prime revenue from Hong Kong.
Executives
Ng Yuk Yeung Paul 2101 Beneficial owner
Thousand China Investments Limited 2101 Beneficial owner
Ng Hung Sang 2201 Interest of corporation controlled by you
Ng Lai King Pamela 2202 Interest of your spouse
Total Grace Investments Limited 2101 Beneficial owner
Parkfield Holdings Limited 2101 Beneficial owner
Fung Shing Group Limited 2101 Beneficial owner

South China Financial Holdings (HKSE:00619) Headlines

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