Kai Yuan Holdings (HKSE:01215) Days Inventory : 1.80 (As of Dec. 2023)

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What is Kai Yuan Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kai Yuan Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$1.2 Mil. Kai Yuan Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$118.8 Mil. Hence, Kai Yuan Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.80.

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

HKSE:01215' s Days Inventory Range Over the Past 10 Years
Min: 1.67 Med: 1.88 Max: 45.28
Current: 1.77

During the past 13 years, Kai Yuan Holdings's highest Days Inventory was 45.28. The lowest was 1.67. And the median was 1.88.

HKSE:01215's Days Inventory is ranked better than
91.99% of 674 companies
in the Travel & Leisure industry
Industry Median: 35.91 vs HKSE:01215: 1.77

Kai Yuan Holdings's Days Inventory increased from Dec. 2022 (1.39) to Dec. 2023 (1.80). It might indicate that Kai Yuan Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kai Yuan Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 101.16.

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

Kai Yuan Holdings Days Inventory Historical Data

The historical data trend for Kai Yuan 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.

Kai Yuan Holdings Days Inventory Chart

Kai Yuan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.74

2.91

1.67

1.74

1.71

Kai Yuan 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															1.52	1.52	1.39	1.80	1.80

Competitive Comparison of Kai Yuan Holdings's Days Inventory

For the Lodging subindustry, Kai Yuan 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.

Kai Yuan Holdings's Days Inventory Distribution in the Travel & Leisure Industry

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

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

Kai Yuan Holdings Days Inventory Calculation

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

Kai Yuan 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
=	( (0.897	+	1.194)	/	2 )	/	223.127	*	365
=	1.0455					/	223.127	*	365
=	1.71

Kai Yuan 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
=	( (1.155	+	1.194)	/	2 )	/	118.818	*	365 / 2
=	1.1745					/	118.818	*	365 / 2
=	1.80

Kai Yuan Holdings (HKSE:01215) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	118.818	/	1.1745
	=	101.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1745	/	158.544
	=	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.

Kai Yuan Holdings Days Inventory Related Terms

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

Kai Yuan Holdings (HKSE:01215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kai Yuan Holdings Ltd (HKSE:01215) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 28th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG

Website

https://www.kaiyuanholdings.com

Kai Yuan Holdings Ltd is an investment holding company. The company is organized into two segments - the Hotel Operation segment engaged in the operation of hotel businesses in Hong Kong and France, and the Money-Lending segment engaged in providing mortgage loans in Hong Kong. It generates maximum revenue from the hotel operation segment.

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