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Kelfred Holdings (HKSE:01134) Days Inventory : 74.47 (As of Dec. 2023)


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What is Kelfred Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kelfred Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$71.2 Mil. Kelfred Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$174.5 Mil. Hence, Kelfred Holdings's Days Inventory for the six months ended in Dec. 2023 was 74.47.

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

HKSE:01134' s Days Inventory Range Over the Past 10 Years
Min: 48.21   Med: 70.6   Max: 83.04
Current: 77.27

During the past 8 years, Kelfred Holdings's highest Days Inventory was 83.04. The lowest was 48.21. And the median was 70.60.

HKSE:01134's Days Inventory is ranked better than
89.83% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.88 vs HKSE:01134: 77.27

Kelfred Holdings's Days Inventory declined from Dec. 2022 (76.59) to Dec. 2023 (74.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kelfred Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 2.45.

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. Kelfred Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.36.


Kelfred Holdings Days Inventory Historical Data

The historical data trend for Kelfred 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.

Kelfred Holdings Days Inventory Chart

Kelfred Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 72.67 83.04 69.99 71.20 79.20

Kelfred Holdings Semi-Annual Data
Dec16 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 64.94 70.66 76.59 78.27 74.47

Competitive Comparison of Kelfred Holdings's Days Inventory

For the Medical Instruments & Supplies subindustry, Kelfred 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.


Kelfred Holdings's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelfred Holdings's Days Inventory distribution charts can be found below:

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



Kelfred Holdings Days Inventory Calculation

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

Kelfred 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
=( (71.183 + 74.764) / 2 ) / 336.305*365
=72.9735 / 336.305*365
=79.20

Kelfred 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
=( (67.631 + 74.764) / 2 ) / 174.479*365 / 2
=71.1975 / 174.479*365 / 2
=74.47

* 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.


Kelfred Holdings  (HKSE:01134) 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.

Kelfred 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.

Kelfred 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.


Kelfred Holdings Days Inventory Related Terms

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


Kelfred Holdings (HKSE:01134) Business Description

Traded in Other Exchanges
N/A
Address
6 On Ping Street, Workshops 1605-1606, 16th Floor, Block B, New Trade Plaza, Sha Tin, New Territories, Hong Kong, HKG
Kelfred Holdings Ltd is an eyewear manufacturer in the PRC and Hong Kong. It manufactures and sells a wide range of spectacle frames and sunglasses mainly through original design manufacturing and original equipment manufacturing business models. It offers integrated and customized services which include product design and development, raw materials procurement, production, quality control, packaging, and delivery. In addition to the traditional OEM and ODM business models, the group also offers its original brand manufacturing (OBM) products under the brand Miga. The group operates in Italy, United Kingdom, Netherlands, Hong Kong, France, Spain, Japan, Hungary, the United States, and others.

Kelfred Holdings (HKSE:01134) Headlines

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