GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Easyknit International Holdings Ltd (HKSE:01218) » Definitions » Days Inventory

Easyknit International Holdings (HKSE:01218) Days Inventory : 12,289.51 (As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Easyknit International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Easyknit International Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$5,544.3 Mil. Easyknit International Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$82.3 Mil. Hence, Easyknit International Holdings's Days Inventory for the six months ended in Sep. 2023 was 12,289.51.

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

HKSE:01218' s Days Inventory Range Over the Past 10 Years
Min: 868.03   Med: 3280.11   Max: 312453.01
Current: 19682.85

During the past 13 years, Easyknit International Holdings's highest Days Inventory was 312453.01. The lowest was 868.03. And the median was 3280.11.

HKSE:01218's Days Inventory is ranked worse than
97.82% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:01218: 19682.85

Easyknit International Holdings's Days Inventory declined from Sep. 2022 (109,902.47) to Sep. 2023 (12,289.51).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Easyknit International Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.01.

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. Easyknit International Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 42.61.


Easyknit International Holdings Days Inventory Historical Data

The historical data trend for Easyknit International 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.

Easyknit International Holdings Days Inventory Chart

Easyknit International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,155.19 312,453.01 3,280.11 7,390.39 70,348.71

Easyknit International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7,502.45 9,712.16 109,902.47 51,805.87 12,289.51

Competitive Comparison of Easyknit International Holdings's Days Inventory

For the Real Estate - Development subindustry, Easyknit International 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.


Easyknit International Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Easyknit International Holdings's Days Inventory distribution charts can be found below:

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



Easyknit International Holdings Days Inventory Calculation

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

Easyknit International Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (5207.6 + 5499.666) / 2 ) / 27.777*365
=5353.633 / 27.777*365
=70,348.71

Easyknit International Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (5499.666 + 5588.902) / 2 ) / 82.333*365 / 2
=5544.284 / 82.333*365 / 2
=12,289.51

* 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.


Easyknit International Holdings  (HKSE:01218) 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.

Easyknit International Holdings's Inventory Turnover for the six months ended in Sep. 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.

Easyknit International Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Easyknit International Holdings Days Inventory Related Terms

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


Easyknit International Holdings (HKSE:01218) Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor, Hong Kong Spinners Building, Phase 6, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Easyknit International Holdings Ltd is an investment holding company, that engages in the investment, development, and management of properties. The company operates through Property Investment, Property Development, Investment in Securities, and Loan Financing segments. The investment properties of the company include residential, commercial, and industrial properties. The firm's majority revenue comes from the Property Investment segment. Geographically, it derives revenue from Hong Kong.
Executives
Winterbotham Holdings Limited
Hooper Ivan Geoffrey Douglas
Hooper Christopher Geoffrey Douglas
Markson International Holding Limited
Koon Wing Yee 2101 Beneficial owner
Lui Yuk Chu 2202 Interest of your spouse
Sea Rejoice Limited 2101 Beneficial owner
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you
Magical Profits Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Koon Ho Yan Candy

Easyknit International Holdings (HKSE:01218) Headlines

No Headlines